Extell Development: Extell secures $168M in EB-5 funds for Central Park Tower; project's completion date pushed back

In a call to Israeli bondholders Wednesday, Extell Development's Gary Barnett reported that his firm had secured $168 million in EB-5 funds for Central Park Tower, the supertall condominium project set to rise on Billionaires' Row. Up to $340 million in EB-5 funds may be raised for the 95-story tower at 225 West 57th Street, [...]