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Posts Tagged ‘extell development’

  • Gary Barnett and the Tel Aviv Stock Exchange

    Gary Barnett and the Tel Aviv Stock Exchange

    New York real-estate firms, including Extell and Zarasai Group, have issued bonds totaling $436 million on the Tel Aviv Stock Exchange. [more]

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  • One57 sponsor unit sells for $53M

    November 24, 2014 06:16PM
    Extell's Gary Barnett and One57

    Extell’s Gary Barnett and One57

    Extell Development sold an 80th-floor sponsor unit at One57 for just shy of $53 million, city records show.

    The full-floor condo sold for $52.95 million to Lapusny Inc., an LLC registered in Pasadena, Calif., records filed with the city over the weekend show. The deal went into contract in March 2013 and closed Nov. 10. [more]

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  • dvorett

    Jeffrey Dvorett and renderings of 462-470 11th Avenue and One57

    Jeff Dvorett, vice president of development at Gary Barnett’s Extell Development, has joined Times Square-based Chinese real estate investment firm Kuafa Properties to oversee projects there. [more]

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  • From left: Jeffrey Feil (Credit: Steve Friedman), 251 Park Avenue South and Gary Barnett

    From left: Jeffrey Feil (Credit: Steve Friedman), 251 Park Avenue South and Gary Barnett

    The Feil Organization is in contract to buy Extell Development’s 251 Park Avenue South, The Real Deal has learned. The sale of the 103,000-square-foot building, one of the most coveted properties in the F.M. Ring portfolio, is expected to close for between $850 and $1,000 a foot, according to sources familiar with the transaction. [more]

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  • From left: new construction in New York and a rendering of the Nordstrom Tower

    From left: new construction in New York and a rendering of the Nordstrom Tower

    New York: if you can make it there, you can make it anywhere. But, apparently, they’re making more in Texas. [more]

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  • From left: 1681 Third Avenue and Gary Barnett

    From left: 1681 Third Avenue and Gary Barnett

    Extell Development Company applied for a permit to build a new residential property in Yorkville. [more]

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  • From left: Gary Barnett and the new model unit at One57

    From left: Gary Barnett and the new model unit at One57

    Extell Development boss Gary Barnett and interior designer Jamie Drake today unveiled a new model at One57 during a breakfast at the tower. [more]

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  • From left: Extell's Gary Barnett, One57 and Silas Chou

    From left: Extell’s Gary Barnett, One57 and Silas Chou

    Two big sales at Extell Development’s One57 hit public records today – totaling $79 million. [more]

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  • From left: Gary Barnett and Upper East Side's Park Avenue Christian Church

    From left: Gary Barnett and Upper East Side’s Park Avenue Christian Church (Barnett photo:  STUDIO SCRIVO)

    Gary Barnett’s Extell Development will pay $24.7 million to the Park Avenue Christian Church as part of a plan that allows the developer to build a new residential tower at the site of the church’s parish.

    Under the plan, the church will also get an $8.75 million annex in the new building and $2 million to endow a preschool. The preschool was forced to move out due to Extell’s development, according to the Wall Street Journal. [more]

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  • From left: Gary Barnett (Credit: STUDIO SCRIVO), 251 Park Avenue South and Frank Ring

    From left: Gary Barnett (Credit: STUDIO SCRIVO), 251 Park Avenue South and Frank Ring

    Extell Development’s Gary Barnett, in his own words, on how he outmaneuvered rivals and hostile sellers to seize control of one of New York real estate’s most coveted prizes: the million-square-foot F.M. Ring Midtown South portfolio. Read the full story after the jump.

    55 Comments
  • extell

    Gary Barnett (credit: STUDIO SCRIVO) and 123 West 57th Street in Midtown

    Gary Barnett’s Extell Development is in talks with the Calvary Baptist Church to acquire the church site at 123-141 West 57th Street for a project separate from the nearby One57.

    Calvary Baptist owns both the church and the Salisbury Hotel on the 191,000-square-foot site, between Sixth and Seventh avenues. FXFOWLE Architects and the architectural team at Extell are working on a design proposal, according to public records cited by the Wall Street Journal. The details of Extell’s plans for a site — if the deal closes — were undisclosed. [more]

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  • Plan submitted for Extell Development's residential project at 250 South Street

    Plan submitted for Extell Development’s residential project at 250 South Street

    Extell Development’s planned 68-story tower in the Lower East Side has caused more than one row in the community, but future residents will likely have plentiful peace of mind given the extensive list of amenities mapped out in planning documents. [more]

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  • one-57

    157 West 57th Street in Midtown, and Noble Black

    Chicago-based investor SSO Enterprises flipped a condominium unit at One57 for a profit of nearly $4 million, having paid $30.6 million for it in May and unloading it for $34 million this week.

    The three-bedroom unit on the 58th floor at Extell Development’s forthcoming high-profile residential tower was on the market for $40 million as a sponsor unit. Hedge-fund manager Harvey Sandler and his wife Phyllis acquired the 4,483-square-foot resale unit for $34 million. [more]

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  • Gary Barnett versus everybody

    October 02, 2014 10:30AM
    Gary Barnett (Credit: Studio Scrivo)

    Gary Barnett (Credit: STUDIO SCRIVO)

    From the October issue: Some developers faced with public outrage over creating a so-called “poor door” would, well, duck out the back door. Not Gary Barnett. [more]

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  • In their words

    September 25, 2014 04:30PM
    Gary_Barnett_3111

    Gary Barnett

    From the September issue: In this month’s in their words feature, Extell’s Gary Barnett offers his two cents on the “poor door” controversy. Keller Williams NYC’s Ilan Bracha comments on the city’s hot market. Meanwhile, NYCHA Chairwoman Shola Olatoye claims the authority’s financial situation is beyond desperate. See these items and more after the jump.

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  • Extell's development site at 429 West 36th Street

    Extell’s development site at 429 West 36th Street

    Gary Barnett’s Extell Development Corp. is looking to buy at least $30 million worth of air rights from the Port Authority of New York & New Jersey for a residential development site it owns in the Hudson Yards neighborhood, according to agency documents.

    Extell owns three properties between Ninth and 10th Avenues on the far West Side running block-through from 36th to 37th streets along Dyer Avenue, the sunken roadway that snakes from the Lincoln Tunnel to 30th Street. Extell’s site is surrounded by a number of hotel and residential developments in the booming neighborhood just north of the Related Companies’ and Brookfield Office Properties’ large, mixed-use projects. [more]

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  • From left: SL Green's Marc Holliday, 50 West 47th Street and Gary Barnett

    From left: SL Green’s Marc Holliday, 50 West 47th Street and Extell’s Gary Barnett

    Real estate investment trust SL Green Realty has acquired the upper floors of Extell Development’s International Gem Tower. Those floors have failed to attract tenants since hitting the market. [more]

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  • Rendering of 68  Charlton Place and the spot on Google maps

    Rendering of 68 Charlton Place and the spot on Google Maps

    A first rendering has surfaced for Extell Development’s 68 Charlton Place — two residential buildings with 91 market-rate co-op units and 25 affordable apartments.

    The plan, as floated before Community Board 2 at the beginning of the year, calls for two separate 22-story towers. One of those buildings would face Charlton Street and the other Vandam Street. Beyer Blinder Belle is listed as the architect of record on permits filed in October of last year, and which were approved last month. [more]

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  • From left: The Aldyn at 60 Riverside Boulevard and Jason Kidd

    From left: The Aldyn at 60 Riverside Boulevard and Jason Kidd

    Former Brooklyn Nets coach Jason Kidd is renting out his apartment. [more]

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  • From left: Rogerio Fasano, 16 West 57th Street and Rafael Vinoly

    From left: Rogerio Fasano, 16 West 57th Street and Rafael Vinoly

    A new luxury hotel is coming to billionaire’s row. [more]

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