Extell, Cammeby’s putting Turtle Bay office space on market

TRD New York /
Mar.March 25, 2011 06:15 PM
Gary Barnett and 211 East 46th Street (building photo source: PropertyShark)

Gary Barnett’s Extell Development and Cammeby’s International is putting up for sale a three-story
office space for $625 per square foot at the site of a 30-floor converted
condo tower in Turtle Bay .

The office condo, at 211 East 46th Street office, is located on the third to
fifth floors of the tower, which can be acquired as three separate units
measuring 9,800 square feet, or one large 29,000-square-foot space.

“The floors had been occupied by a tenant, and now that tenant is moving
out and they’re going to sell these three floors,” said Michael Rudder,
principal at Manhattan-based Rudder Property, which is listing the
property. “We’re confident it’s going to do very well.”

Rudder said he has already begun to receive inquiries for the space, which
is expected to attract interest from potential tenants related to the United
Nations, located just blocks away from the building, or from non-profit

He noted that Extell and Cammeby’s, who partnered in the conversion,
previously sold off the apartments, the retail and the garage at the building.

If sold, the deal would mark the third Extell transaction since February.

Extell earlier this month sold a site at 153 West 21st Street in Chelsea for $21

Last month, the developer sold a site at 180 Sixth Avenue to Tavros Capital
Partners for $17 million.

Officials from Extell and Cammeby’s were not immediately available for

Related Articles

One Manhattan Square Extell Development CEO Gary Barnett (Credit: Curbed NY)

Extell lands $690M refinancing package for One Manhattan Square

Extell Development's Gary Barnett (Credit: Getty Images and iStock)

Chelsea residents paid Gary Barnett $11M to protect their views from a planned tower

Central Park Tower

Extell just went public with Central Park Tower listings

Brooklyn Point at 138 Willoughby Street and Extell Development’s Gary Barnett (Credit: Alistair Gardiner for The Real Deal)

And you get an incentive! Extell offers to pay carrying costs at Brooklyn’s tallest tower

Raizy Haas and Gary Barnett (Credit: Getty Images, iStock)

One of Gary Barnett’s longtime deputies is leaving Extell

Gary Barnett and 1855 Broadway (Credit: Google Maps)

Gary Barnett assembling Columbus Circle development site

Extell Development chairman Gary Barnett and One Manhattan Square (Credit: Anuja Shakya, StreetEasy)

Rent now, buy later at Extell’s One Manhattan Square

206 West 17th Street, 116 7th Avenue, and Extell Development’s Gary Barnett (Credit: Google Maps)

What rich people in NYC will pay to keep their view: TRD analysis