Extell files offering plan for boutique condo at 1010 Park Ave.

The 16-story project is adjacent to Park Avenue Christian Church

Oct.October 25, 2016 02:35 PM

Extell Development chief Gary Barnett, the poster boy for “go big or go home”-style development projects, is going small with his latest condo.

Extell TRData LogoTINY will convert a historic Park Avenue church rectory building at 1010 Park Avenue into just 11 condo units, down from the 17 the real estate firm proposed in 2013 filings, according to an offering plan filed with the New York State Attorney General’s office last week.

A total sellout price for the 16-story project was not disclosed and a representative for Extell was not immediately available for comment.

Extell won the approval of the Landmarks Preservation Commission for its plan, which preserves the adjacent Park Avenue Christian Church, in early 2015 . The company will also incorporate some of the rectory’s materials, including an original stone door, into the condo building’s bottom three floors.

The church, on the corner of East 85th Street, dates back to 1911 and is well known for its stained glass windows designed by artist Louis Comfort Tiffany.

Extell is reported to have paid the church $24.7 million for the right to redevelop the annex, though no price was publicly available.

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

Central Park Tower and Gary Barnett

Pricey listings including UES townhouse, Central Park Tower condos go live

Gary Barnett, Central Park Tower, and the Tel Aviv Stock Exchange Bull (Credit: Wikipedia, iStock)

Extell’s Israeli bonds put on downgrade watch

Clockwise from the top: 500 East 30th Street, 1 Ellis Street and 2555 Broadway (Credit: Google Maps)

NYC’s 10 biggest new real estate projects

One Manhattan Square’s adult treehouse (Credit: Extell)

Check out Gary Barnett’s “Adult treehouse” at One Manhattan Square

Extell CEO Gary Barnett and JPMorgan’s Jamie Dimon (Credit: Getty Images)

Barnett refis Diamond District assemblage with $340M loan