Extell Development

Extell Development

About: Extell Development is a New York City-based real estate development company.

Headquartered in: New York, NY

Founded in: 1989

Founded by: Gary Barnett

Extell Development Q&A

What does Extell Development do?
Extell develops real estate. Its projects have included the 1,000-foot One57; the W Hotel in Times Square, which opened in 2002; 45 Walker Street, an office-to-loft-condominium conversion in Tribeca; and the International Gem Tower in the Diamond District. It is developing a supertall mixed-use condominium along Billionaires' Row at 217 West 57th Street in Midtown called Central Park Tower. The first few floors of the tower will house Nordstrom, an upscale department store.
Want to know more about Extell?
Check out our Top Stories below for The Real Deal's most up-to-date coverage of Extell.

Extell Development Top Stories

August 29, 2019Extell Development has refinanced the 815-unit condo project at One Manhattan Square with a $560 million senior inventory loan and $140 million in mezzanine debt.

The Latest

Gary Barnett along with renderings of 1637 First Avenue (Extell Development, iStock)

Extell lands $125M loan for UES resi project

Gary Barnett’s L-shaped project scored a “W” this week thanks to a $125 million debt package that refinances the...

Extell lands $125M loan for UES resi project
Netflix co-founder Reed Hastings (Getty Images, iStock)
Tri-State

Netflix bids on 289-acre land in New Jersey

Netflix is officially in the running for a large tract of land in New Jersey. So is one of New York City’s biggest developers. The streaming giant bid on the so-called “Mega Parcel” in...

Netflix bids on 289-acre land in New Jersey
Gary Barnett and a rendering of 356 Fulton Street in Brooklyn (Extell Development, iStock)

Feil out, Extell in at big Brooklyn development

One major developer is handing off its Downtown Brooklyn project to another. Gary Barnett’s Extell Development signed a long-term...

Feil out, Extell in at big Brooklyn development
Gary Barnett

Gary Barnett has something to say

Gary Barnett doesn’t do many interviews. But it turns out that he has a lot of opinions. The billionaire founder and president of Extell Development shared a few in a rare sit-down Thursday, including:...

Gary Barnett has something to say
Extell Development's Gary Barnett. Bluestone Group's Eli Tabak and 605 West 45th Street (Google Maps. LinkedIn, Extell Development)

Gary Barnett hunts lucrative Hell’s Kitchen assemblage

Gary Barnett’s Extell Development is working with Eli Tabak’s Bluestone Group to gain control of a large development assemblage...

Gary Barnett hunts lucrative Hell’s Kitchen assemblage

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