Gary Barnett | The Real Deal New York

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Gary Barnett

Founder and President
Extell Development
805 Third Avenue
New York, NY 10022
(212) 712-6000
Website
Gary Barnett
Gary Barnett is the founder and president of Extell Development Corporation, one of the most active development companies in New York City. Barnett made his fortune in the diamond trade, and became active through Extell in the 1990s, ramping up his number of projects, both residential and commercial, significantly during the pre-recession boom. On the residential side, Barnett’s projects have included the 1,000-foot One57, the 37-story Ariel East and 31-story Ariel West condos at 100th Street and Broadway; the Lucida rentals and condos (more than 170 apartments in all, some as big as five bedrooms) at 151 East 85th Street; the 26-unit 995 Fifth Avenue, where some of the condos occupy an entire floor; the 271-unit Rushmore at 80 Riverside Boulevard; and the 150-unit Aldyn nearby at 60 Riverside Boulevard. On the commercial side, Barnett’s projects include the 750,000-square-foot, 34-story International Gem Tower, which topped out in March 2012, and the 1.5 million-square-foot World Product Centre at 555 West 33rd Street, the site of the old Copacabana. Born Gershon Swiatycki, Barnett grew up on Manhattan’s Lower East Side and earned a math degree from Queens College and a master’s in economics from Hunter College. -TA
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02/02/16
Extell Development is in talks to buy a Greenwich Village commercial property with substantial development rights from the Duell family, the latest of several deals...
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02/02/16
Miami-based developer Crescent Heights withdrew plans for a $337.5 million condominium conversion on the Upper East Side, a neighborhood that’s experiencing a residential construction boom...
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01/28/16
In a luxury real estate market that is showing signs of slowing down, Gary Barnett’s Extell Development is trying a new trick to bring in...
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01/28/16
SL Green Realty announced Wednesday that it had inked a 43,000 square foot deal that will bring Nordstrom to 3 Columbus Circle. And now we know it...
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01/21/16
Real estate's biggest names gathered for the 2016 REBNY gala (Credit: Adam Pincus for TRD) In a sense, this year’s REBNY awards banquet was the...
01/13/16
Here’s what readers liked best Tuesday: 1. 421g tax break battle heats up in NY courts 2. Will the newly-formed Meatpacking BID take sides on...
01/12/16
Current reader favorites: 1. The real estate tech arms race 2. Gary Barnett adds to Diamond District assemblage 3. Check out the incredible real estate...
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01/11/16
Gary Barnett struck a pair of deals that will allow him to move forward with plans to develop another building near his International Gem Tower in...
Crowley Roth
01/07/16
UPDATED, Jan. 11, 9:59 a.m.: New York developers have long called for reform of the Foreign Investment in Real Property Tax Act, or FIRPTA, a...
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01/06/16
Gary Barnett’s Extell Development is in talks to bring on a capital partner at Central Park Tower, the developer’s 1,500-foot condominium project on Billionaires’ Row,...
John Banks
12/31/15
The Real Estate Board of New York is having none of the backlash toward Midtown’s new generation of supertall skyscrapers. From CIM Group’s 432 Park...
The-Real-Deal-2015
12/31/15
New York City has, for quite some time, been the world’s most dynamic and high-stakes real estate market. But 2015 pushed all the elements that...
one57 fb
12/30/15
Gary Barnett’s Extell Development is finally seeking help from outside brokerage firms to unload some of the remaining condominium units at One57. Tags: extell development,...
China
12/30/15
Much like their crafty stateside competitors, Chinese developers are constructing massive commercial projects in the biggest U.S. cities, and filling the apartments with Chinese citizens....
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12/30/15
  Dreams of Manhattan condominiums dominated 2015’s top 10 development site deals. While Gary Barnett’s Extell Development – which is known for this sort of...
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12/22/15
A rendering showing the city's crop of rising supertall buildingsThe current building boom is set to produce as many record-tall residential towers as were...
1710 Broadway
12/17/15
Gary Barnett’s Extell Development closed on the purchase of a 39 percent stake in C&K Properties’ Midtown development site at 1710 Broadway for about $247...
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12/16/15
Boston Properties and Rudin Management’s long-planned WeWork-anchored Dock 72 office building was the largest construction permit filed with the city in November. Another Brooklyn project,...
Investment Sales
12/14/15
From left: 116 Seventh Avenue in Chelsea, 64 Montague Street in Brooklyn Heights and Jordan Vogel of Benchmark Real Estate From the $12.2 million sale...
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12/11/15
A construction crew working on the site of an upcoming condominium conversion at 212 Fifth Avenue unearthed swastika symbols on the mosaic tile floors, sources told...
463 Seventh ft
12/08/15
There’s been a shift in the city’s commercial real estate market in recent years, and it’s been a boost for landlords at side-street buildings —...
Andrew Mathias Marc Holliday
12/07/15
Monday morning brought a flurry of news from SL Green Realty, with the city’s largest office landlord announcing a number of deals — including a...
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12/04/15
If Gary Barnett’s One Manhattan Square project hits its target, Extell Development will realize a nearly $2.1 billion sellout and set a record for Lower...
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12/04/15
GID Development Group just picked up another slice of Extell Development and the Carlyle Group’s Riverside Center project on the Upper West Side, paying roughly...
Union
12/02/15
A local union is again in talks to sell its Times Square headquarters. The 1199 Service Employees International Union has revived its efforts to sell...
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Extell Development, Executive Vice President
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
Dov Hertz is an executive vice president in charge of acquisitions at Extell...
Extell Development, Executive Vice President
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
Anthony Mannarino is an executive vice president in charge of development at Extell...
Extell Development, Senior Vice President
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
Donna Gargano is a senior vice president in charge of development at Extell...
Extell Development, Senior Vice President
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
Raizy Haas is senior vice president in charge of development at Extell Development....
Extell Development, Executive Vice President
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
David Rothstein is an executive vice president in charge of construction at Extell...
Extell Development, Executive Vice President
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
Marc Kwestel is an executive vice president in charge of finance at Extell...
Extell Development, Senior Vice President
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
Keith Goich is a senior vice president in charge of architecture and design at...
Extell Development, Executive Vice President
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
Carol Richardson is an executive vice president in charge leasing at Extell Development,...
Extell Development, Vice President
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
Tamar Rothenberg is a vice president in charge marketing at Extell Development, a...
Extell Development, Manager
805 Third Avenue, 7th Floor, New York, NY, 212-712-6000
Wendy Alper is a manager at Extell Development, a New York City-based developer....
  • Event Sales
  • Building Name former Hard Rock Cafe building
  • Address 220 West 58th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 160,000
  • Price $ 67,500,000
notes
Sold for $67.5 million; Site can be build to 300,000 sf. Includes 221 West 57th Street.
  • Event Sales
  • Address 25 West 20th Street
  • Neighborhood Flatiron
  • Borough Manhattan
  • Price $ 28,000,000
notes
The parking lot and adjacent garage with 92,000 square feet of development rights sold for $28 million.
  • Event Sales
  • Building Name 72-76 Greene Street
  • Address 76 Greene Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 45,000
  • Price $ 23,000,000
notes
Soho landmark with a cast-iron facade, built in 1872 by architect J.F. Duckworth, sold for more than $23 million. A condo conversion is planned.

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The-Real-Deal-2015
12/31/15
New York City has, for quite some time, been the world’s most dynamic and high-stakes real estate market. But 2015 pushed all the elements that...
top dev sites collage thumb
12/30/15
  Dreams of Manhattan condominiums dominated 2015’s top 10 development site deals. While Gary Barnett’s Extell Development – which is known for this sort of...
demolition-man-1-1024-e1445520784608-300x189
10/22/15
Manhattan’s great builders are also its most fearsome destroyers. Tags: chetrit group, demolition, extell development, icon realty management, SL Green Realty, trinity real estate ...
NYC Condo Filings 2015 large ft
07/21/15
Gary Barnett’s plans for 250 South Street may have gone through several revisions, but one thing is for sure – the Two Bridges/Chinatown development is the...

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