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, one of the most active development companies in New York City.

Barnett made his fortune in the diamond trade. He 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.


1647-1651 First Avenue Gary Barnett
11/23/16
...From left: 1647-1651 First Avenue (credit: Google Maps), Gary Barnett and 350 East 86th Street Gary Barnett's Extell Development is shopping...

Dov Hertz
11/08/16
...Pincus) Dov Hertz, who for years assembled land upon which Gary Barnett built skyscrapers, has left Extell Development to start his own...

barnett been moelis 55510
11/07/16
...From left: Gary Barnett, Vicki Been, Ron Moelis and 555Ten Some of city’s...

Barnett-Pathmark-149-East-124FB
11/04/16
...Gary Barnett and 149 East 124th Street Gary Barnett’s Extell Development is starting work on the Harlem Pathmark...

Roth
11/01/16
...One Penn Plaza “Don’t be jerky,” Steven Roth told Gary Barnett. “It’s not even close.” Sitting among other industry titans...

088-089 Barnett se FINAL.indd
10/28/16
...Gary Barnett and the Kent at 200 East 95th Street Gary Barnett’s Extell Development closed on a $260 million construction loan Thursday...

HFZ Chelsea
10/25/16
Ziel Feldman’s HFZ Capital Group is in advanced discussions to line up about $1.2 billion in construction financing for its Chelsea mixed-use megaproject known as...

1010-Park-Avenue
10/25/16
...Gary Barnett and 1010 Park Avenue Extell Development chief Gary Barnett, the poster boy for "go big or go home"-style...

Chen Siqing, president of Bank of China Ltd., pauses during the company's annual results news conference in Hong Kong, China, on Wednesday, March 26, 2014. Bank of China, the nation's fourth-largest lender by market value, posted an unexpected 10 percent increase in quarterly profit as it boosted loans and lending margins. Photographer: Jerome Favre/Bloomberg via Getty Images
10/17/16
WeWork, the co-working golden child seen by some as the future of real estate, has taken a beating of late — critics have loudly questioned...

Kathy and Barnett
10/13/16
...Back in 2008, Extell Development founder and president Gary Barnett defied the laws of the recession; in the midst of...

paydirt feature
10/11/16
...From left: Gary Barnett, Joe Chetrit, Doug Harmon and Adam Spies Poaching the trophy...

zarro barnett
10/06/16
...Anna Zarro and Gary Barnett Anna Zarro, Town Residential's former senior vice president of marketing...

Illustration by Lexi Pilgrim for The Real Deal
10/05/16
...Pilgrim for The Real Deal TRD Special Report:In March, Gary Barnett went to Israel on a firefighting mission. On the Tel...

Stephen-Ross-copy-2-e1473365392681
09/30/16
...From left: Gary Barnett and One57, Stephen Ross, Harry Macklowe and 432 Park Avenue From...

Cuomo-Durst
09/28/16
A group of New York real estate executives met with Gov. Andrew Cuomo Monday to hash out the future of the 421a tax abatement program....

09/27/16
...Edge” bromance, new development hopscotch, transparency’s big fail … & more 3. Gary Barnett says Noho building landlord is trying to cheat him out...


chinese-1-1-e1474549491737
09/19/16
There’s a tendency to dismiss Chinese institutional investors in New York as seekers of parking space. Slow and steady asset appreciation are the goals, observers...

Stephen-Ross copy
09/09/16
...From left: Gary Barnett and One57, Stephen Ross, Harry Macklowe and 432 Park Ave From...

203877878 copy
09/02/16
...Gary Barnett, the Kent at 200 East 95th Streeton the Upper East Side...

Extell OMS CPT
09/01/16
...From left: Rendering of One Manhattan Square, Gary Barnett (credit: STUDIO SCRIVO) and rendering of Central Park Tower UPDATED...

china
08/31/16
As a dizzying array of economic troubles erodes confidence in the local market, Chinese investors are clamoring to finance some of the biggest commercial developments...

welcome_03 copy
08/30/16
Fort Greene’s sudden logjam of luxury rentals could cut into profits for some of the borough’s top rental developers, ending a price run that’s lasted years. Tags: david schwartz,...

Gary Barnett
08/26/16
...From left: Gary Barnett (Credit: STUDIO SCRIVO), 251 Park Avenue South and Frank Ring Editor's...

dbox_Extel_CarltonHouse_Entrance
08/23/16
...Paula Del Nunzio and Carlton House Gary Barnett...
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Extell Development, Real Estate Salesperson
805 Third Avenue, 7th Floor, New York, NY, (212) 712-6000
...
Extell Development, Real Estate Salesperson
805 Third Avenue, 7th Floor, New York, NY, (212) 712-6000
...
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
  • 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
  • Price per foot $ 511.11
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.
  • Event Sales
  • Address 72-76 Greene Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Price $ 23,000,000
notes
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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, 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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