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With the signing of this contract, the tendering process for the entire set of projects, totaling over €130 million, is now complete.

Strategic Entry of Georgios Daskalakis, Giannis Antetokounmpo, and the Sklavenitis Family Following €40M Capital Raise.

The tower’s foundation was constructed using a pioneering method applied for the first time in Greece.

The deal also marks a broader resurgence of foreign capital in Manhattan, particularly from the Gulf region.

According to the CEO, the project encountered significant challenges, including extensive bureaucracy, complex licensing procedures, and the lasting repercussions of the decade-long economic crisis.

Among them is the building currently housing the offices of the Greek National Tourism Organization (GNTO) on Tsocha Street.