As the Sheffield Turns: “Kent Swig has refinanced Sheffield57, the…

"Kent Swig has refinanced Sheffield57, the controversial condo conversion that has earned him reams of bad press, including the recent news that his business partner Yair Levy conked him on the shoulder with an ice bucket. 'We just re-upped all the lenders, which is a complicated, complicated deal in today's world, where there are so many layers of people who have sold off loans in different pieces,' said Mr. Swig of his $104.7 million loan from KeyBank. 'We extended for 18 months, so we’re in very, very good shape.'" Swig added: "[Sales] are good. Still. Shockingly. I shouldn't say that. Surprisingly. Happily. I dont know. We sold two units last week." [NYO; previously]For more stories from Curbed, go to curbed.com.

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