Eric Trump, VP of acquisition and development for his father's New York City-based company, admitted to GlobeSt.com that it was all about timing. "It's a bit of a crazy world right now," he says. "Timing is our saving grace. I think the chances of getting financing in this market for a project like ours, or the Spire, are pretty much non-existent. There's just not too many projects going forward in this market."

However, he admits that though 75% of the condos have buyers, the remaining 25% have been difficult to sell. "With Bear Stearns failing, the market flopping, it's hurt everybody, there's no question about it. But I think when you're dealing with this high-end type of buyer, it's not going to affect them as much, they have more access to capital than those in mid- to lower-level projects."

Plus, he says amenities such as 20,000 sf of fitness and spa, a pool on the 27th floor, 100,000 sf of retail, a restaurant (Sixteen) that is already booked solid for more than a month and incredible views of Lake Michigan and the Chicago River, have really attracted buyers. "We put together the best in every market we're in," Trump says.