The developer of one of Manhattan’s glitziest and most controversial residential developments is scrambling to keep his project out of the hands of lenders.

Developer Ira Shapiro said he’s in talks with iStar Financial, which he said now holds a $114-million mortgage on One Madison Park, the $300-million, glass condo project that had attracted Hollywood stars before financing woes hit.

“There are issues,” he said. “We are hoping to resolve them.”

The lender, iStar, did not return calls by press time.