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

Extell Development chairman Gary Barnett and One Manhattan Square (Credit: Anuja Shakya, StreetEasy)

Rent now, buy later at Extell’s One Manhattan Square

First, it offered up to 10 years of free common charges. Now, Extell Development is launching a “rent-to-buy” program...

One Manhattan Square Extell Development CEO Gary Barnett (Credit: Curbed NY)

Extell lands $690M refinancing package for One Manhattan Square

After closing over a hundred units at One Manhattan Square since March, Gary Barnett’s Extell Development has secured $690...

José Cuervo owner Juan Beckmann Vidal and 1010 Park Avenue (Credit: Getty Images, StreetEasy)

Mexican billionaire buys Park Ave pad for $25M amid shopping spree

After unloading his renovated pad at the Plaza, Mexican billionaire Juan Beckmann Vidal has snagged a new home. The...

Anna Karlin

How Anna Karlin designed the interiors of Extell’s One Manhattan Square

When Anna Karlin set out to design the interiors of Extell Development’s One Manhattan Square, she immediately dove into...

From left: 241 East 73rd Street, 1514-1528 First Avenue, and Extell Development's Gary Barnett (Credit: Google Maps)

Here’s what the $10M–$20M NYC investment sales market looked like last week

From Lenox Hill to Clinton Hill, these are the $10 million to $20 million investment sale deals that recently...

Neighbors sue to block Extell’s UWS tower after city OKs amended plans

UPDATED, April 26, 11:17 p.m.: The back-and-forth over Extell Development’s 770-foot Upper West Side tower is now headed to...

WATCH: Gary Barnett on the residential market, Brooklyn and discounts at
One Manhattan Square

With leadership changes and and unheard of incentives, Gary Barnett has already had a headline-grabbing year. Two weeks ago, Barnett’s Extell Development made waves...

Outfoxed a decade ago by Gary Barnett, Marty Burger pays $10M for Carlton House pad

Looks like Marty Burger will get a chunk of Helmsley Carlton House after all. The Silverstein Properties CEO and...

Gary Barnett’s Extell gets $268M to refinance two dev sites

Extell Development has landed more than $267.6 million to refinance two of its Manhattan development sites. Lender JVP Management...

Landsea plans 12-story luxury building in Flatiron District

Landsea Homes is furthering its residential play in the city, this time with a 12-story mixed-use project in the...

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