Extell lures buyers with condo towers’ mortgage rate perk
One developer is trying to soothe potential buyers’ concerns over borrowing costs with a perk at two of its...
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.
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Check out our Top Stories below for The Real Deal's most up-to-date coverage of Extell.
Extell Development Top Stories
August 29, 2019—Extell 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 lands $425M construction loan for UES medical tower
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Queens developer touches down on the Far West Side
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Barnett victory may set precedent for landlords battling holdouts
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“I’m like the yin to his yang”: Why Barnett tapped Serhant to sell his crown jewel
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Investor has till Christmas to pay $200M to Barnett, Tabak
Robert Gans has three months to pay off a group of creditors he’s accused of engaging in a “predatory...
Gary Barnett retracts lawsuit after partners show receipts
In the brouhaha between Gary Barnett and two business partners, the partners had the last ha-ha. The Extell Development...
Barnett doubling down in Two Bridges
If Gary Barnett’s $250 million listing on Billionaires’ Row didn’t tell you he was bullish on the residential market, his latest deal will. The Extell Development chief is buying a Two Bridges development site...
Breaking down Extell’s sky-high ask at Central Park Tower
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