Elliman’s Leonard Steinberg wonders if he set a world record at 150 Charles Street. Iconic Sandy-submerged Jersey Shore roller coaster to be demolished tomorrow. Cobble Hill apartment building at 11 Wyckoff Street puts four rental units on the market. The effort to move Madison Square Garden depends on how it is defined. Park Slope’s Pink House gets a shout-out in Solange video. Read these stories and more after the jump.
Posts Tagged ‘extell development’
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A Midtown co-op is suing to stop Extell Development from installing a new crane boom to the top of its One57 condominium project, which would required a one-day evacuation of the building, the Wall Street Journal reported. [more]
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The oldest independent school in the country is selling its Upper West Side campus for $97 million to the Reformed Protestant Dutch Church, which will look to develop the site, the New York Daily News reported.
Collegiate School – which counts American blue blood such as John F. Kennedy Jr. among its alumni – will use the proceeds from the sale to build a $118 million campus at West 62nd Street and West End Avenue, according to court records seen by the Daily News. The $97 million price tag was determined last year, when Gary Barnett’s Extell Development made an offer for the site at that price. [more]
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Perhaps one of the most striking images of Hurricane Sandy’s havoc was the crane boom dangling precariously 1,000 feet above Gary Barnett’s One57 site, which forced a weeklong area evacuation. Now, six months after the incident, construction workers will begin to raise a replacement crane to the top of the luxury residential site, the Wall Street Journal reported. [more]
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After winning a high-profile fight against Extell Development and Carlyle Realty Partners, a group of 33 would-be buyers at the Rushmore condominium have filed a contempt motion alleging the developers flouted a 2012 court order to hand over $5 million in interest payments.
The dispute focuses on the buyers’ attempt to have Extell and Carlyle refund a collective $16 million they put down on apartments at the Rushmore, at 80 Riverside Boulevard. [more]
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Given the shortage of new residential development sites in Manhattan, major real estate players such as Gary Barnett’s Extell Development have had to master the intricate art of conversion projects, which come with more than their share of challenges, the New York Times reported.
Barnett, currently Manhattan’s most prolific developer, likes to carefully run the numbers before taking a gamble with a conversion project such as the Helmsley Carlton House, he told the Times. [more]
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Gary Barnett’s Extell Development will pay at least $149.5 million for a Lower East Side development site that until recently was home to a Pathmark supermarket, city records first spotted by the Lo-Down confirm. Extell went into contract on the site — located at 227 Cherry Street — in February, when Crain’s reported that the total sale price was $175 million. [more]
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Bonjour Capital, a New York City-based investment and development firm, has tapped residential brokerage MNS to lead leasing efforts at the Westbourne, a five-building rental complex located at 601-611 West 137th Street in Manhattanville, The Real Deal has learned. Bonjour and MNS are gradually revamping the building with renovations and a new marketing campaign that targets value-conscious tenants from outside the neighborhood. [more]
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Extell Development is buying a small building on 49th Street in Midtown East that would add to a garage and a mixed-use building that the company already owns on the block between Lexington and Third avenues. [more]
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Extell Development is closer to erecting an 88-story tower at 225 West 57th Street after the Landmarks Preservation Commission approved partial demolition of the BF Goodrich building, Crain’s reported.
The panel’s decision allows Extell to perform excavation and foundation work for the development. The building will have 220 apartments, a hotel and a Nordstrom department store at ground level. [more]













