The man whose name has become synonymous with the city’s glitziest billion-dollar condominium projects is eyeing something a bit more modest for his latest development – one that’s been more than a decade in the making.
Gary Barnett is aiming for a $535 million sellout for his latest condo development at 200 East 95th Street in Yorkville, according to a condo plan filed with the state Attorney General’s office. His firm Extell Development began assembling the site for the development, dubbed the Kent, back in 2004 with the purchase of a pair of walk-ups on Third Avenue between East 94th and 95th streets.
The building will include 104 residential units, 61 storage units and one commercial unit, according to the condo plan.
The plan, which was reviewed and accepted in April, lists a total sellout price of $535.34 million – a modest figure by a long shot compared to some of Barnett’s other projects.
A representative for Extell could not be immediately reached for comment.
And at his Central Park supertall tower, Barnett had been eyeing a $4.4 billion, but withdrew the condo plan as he searches for a capital partner.