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 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; the 150-unit Aldyn nearby at 60 Riverside Boulevard and most recently, the $2.98 billion, 1,550 feet tall Central Park Tower at 217 West 57th Street, which is in development.

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.


05/25/17
...Gary Barnett and a rendering of One Manhattan Square UPDATED May 25, 2017 9:15 p.m.: Gary Barnett’s...

05/24/17
...in 2008 from Extell Development, property records show. The Gary Barnett...

05/23/17
...of office and retail space, last year paid Gary Barnett’s Extell Development $28 million for the leasehold on 20 East 46th Street in Midtown.  Steve...

05/16/17
...From left: 1647-1651 First Avenue (credit: Google Maps), Gary Barnett and 350 East 86th Street Gary Barnett’s Extell Development secured $85.3 million to refinance a...

05/12/17
...real estate. In 2013, the company teamed up with Gary Barnett’s Extell Development to buy a 235,000-square-foot building at 80 West End Avenue for $84 million...

05/12/17
Unlike the Gary Barnetts and Harry Macklowes of the world, Slate Property Group principals Martin Nussbaum and David Schwartz aren’t interested in developing the next jewel that crowns New...

05/04/17
...the market, and investors were lapping it up. Gary Barnett’s Extell Development raised $360 million in its IPO in 2014. Shortly afterwards Barnett was joined...

05/03/17
...publication, and Michael Aryeh owns 26 East 29th Street. Gary Barnett’s Extell bought the 21,900-square-foot building at 30-32 East 29th in 2015 for $25.8 million from...

04/25/17
...sites are around the corner from where Extell's Gary Barnett had been quietly putting together an assemblage on 29th Street, but Barnett decided to...

04/21/17
...In an interview last month with Extell chief Gary Barnett, he said the Willoughby Street tower will hold small units and either be co-op...

04/13/17
...rights. Agirnasli purchased the Broome Street parcels from Gary Barnett’s Extell Development and a private seller in 2014, paying $31 million. It demolished Our Lady...

04/12/17
...Stern Another of Ozarks’ clients, Extell Development’s Gary Barnett, recently told The Real Deal that there were few lenders looking at deals on...

04/10/17
...W Financial deal) is One Manhattan Square, where Gary Barnett contributed a significant chunk of money from his own pockets to get construction underway...

04/07/17
...Lesser and Jeffrey Braun, father-in-law to Extell chief Gary Barnett. The Braun family amassed the portfolio over the years, mostly in the 1970s and...

04/06/17
...Street site since 2013, when it bought it from Gary Barnett’s Extell Development for $67.5 million. Lam bought up additional air rights, giving the site...

04/05/17
...dollars, smashing the previous record of $100.5 million at Gary Barnett...

04/05/17
...the Belnord. In 1994, he bought it with partners Gary Barnett and Kevin Maloney for $14 million, and then renovated the property into high-end rentals. Feldman...

04/04/17
...One Manhattan Square and Gary Barnett Extell Development allegedly caused millions of dollars in damage to the city’s steam...

03/31/17
...Seryl Kushner, Gary Barnett and Pier Village (credit: Getty Images, Alistair Gardiner for The Real Deal, and Jersey...

03/30/17
...will be at least partly funded with EB-5. Gary Barnett...

03/29/17
...From left: Central Park Tower, Gary Barnett and One Manhattan Square In a call to Israeli bondholders Wednesday, Extell Development’s...

03/24/17
...Gary Barnett (credit: Alistair Gardiner for The Real Deal) Imagine scoring more than $1 billion in financing...

03/22/17
...percent of the 815 condos are one bedrooms. Developer Gary Barnett said the idea is to cap price points and carrying costs. Developers say buyers...

03/21/17
...towers along the waterfront, not far from where Gary Barnett is constructing One Manhattan Square. JDS' 247 Cherry Street would rise 77 stories, and Two Bridges...

03/17/17
...the site, at 310-314 East 86th Street, from Gary Barnett...
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....
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, 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, 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
Marc Kwestel is an executive vice president in charge of finance at Extell...
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, 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, 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, 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, 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, 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, Associate Broker
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, Real Estate Salesperson
805 Third Avenue, 7th Floor, New York, NY, (212) 712-6000
...
Extell Development, Associate Broker
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, 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, Associate Broker
805 Third Avenue, 7th Floor, New York, NY, (212) 712-6000
...
Extell Development, Real Estate Salesperson
660 Madison Avenue, 15th Floor, New York, NY, (212) 712-6000
...
Extell Development, Associate Broker
157 West 57th Street, New York, NY, (212) 712-6000
...
Extell Development, Real Estate Salesperson
1450 Lexington Avenue, New York, NY, (212) 712-6000
...
Extell Development, Real Estate Salesperson
157 West 57th Street, New York, NY, (212) 712-6000
...
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  • 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

12/27/16
...example, could have conceivably made this ranking, but Gary Barnett hasn't been able to land the $900 million construction loan he desires to build the...

12/31/15
...mystery buyer closed on a $100.5 million penthouse at Gary Barnett’s One57. The unit smashed New York’s previous $88 million record, set at 15 Central...

12/30/15
...Center (credit: Christian de Portzamparc) (inset from top: Gary Barnett and James Linsley), a rendering of 520 Fifth Avenue (credit: Handel Architects) and a rendering...

10/22/15
...Side, 500 East 14th Street in the East Village, Gary Barnett, 425 Park Avenue in Midtown and Robert Lapidus Manhattan's great builders are also its most...

07/21/15
...Hayes Davidson) and 250 South Street (credit: CityRealty) (inset: Gary Barnett) Gary Barnett’s plans for 250 South Street may have gone through several revisions, but...
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