Extell proposes UWS mixed-use tower after completing assemblage

The Gary Barnett-led firm filed plans for the 22-story development at 2551 Broadway

Gary Barnett and an aerial view of 2551 Broadway (Credit: Google Maps)
Gary Barnett and an aerial view of 2551 Broadway (Credit: Google Maps)

Gary Barnett’s Extell Development has filed plans to build a 22-story mixed-use tower on the Upper West Side.

The firm is proposing a 276,578-square-foot building at 2551 Broadway, and will include 130 residential units, according to property filings.

Extell completed its assemblage of the site in 2017, when it closed on the $80 million acquisition of 262 West 96th Street. The property previously housed a Gristedes supermarket and came with 151,000 buildable square feet with inclusionary air rights.

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In addition, Extell had to acquire air rights along West 96th Street, including one parcel it was negotiating at $300 a square foot, according to a previous report.

The Upper West Side project is among several Extell assemblages across the city. The development firm is working on a deal to put together a Columbus Circle site, and went into contract for $90 million at 1855 Broadway late last year.

At the same time, Extell is putting the finishing touches on a handful of megaprojects. Central Park Tower, the ultra-luxury residential building above West 57th Street, topped out in September, and there are plans for an exclusive club at the building. And in August, the firm closed on a $690 million refinancing package at One Manhattan Square in Two Bridges, after closing over 100 condos at the 80-story building.