The Real Deal New York

From the archives: Ripples still cascading from Extell’s 2005 splash

March 26, 2016 01:00PM

Gary Barnett

Gary Barnett

Extell claimed a multitude of headlines in 2005 – some flattering, some less so.

First was a residential purchase that topped the charts for New York City: Extell – a national real estate developer as well as construction and asset manager in office, retail and multifamily properties – paid a reported $1.76 billion for a swath of land on the Upper West Side owned by Donald Trump and several Hong Kong-based partners. The move triggered a high-profile lawsuit filed by Trump against his partners for undervaluing the property. Read the full story from the January 2006 issue here.