And you get an incentive! Extell offers to pay carrying costs at Brooklyn’s tallest tower
Extell Development is offering yet another incentive for buyers — this time, in Brooklyn. The developer will pay carrying costs for those who buy...
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, 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
One of Gary Barnett’s longtime deputies is leaving Extell
One of Gary Barnett’s longtime deputies is leaving Extell Development after more than two decades at the prolific builder....
Gary Barnett assembling Columbus Circle development site
Gary Barnett, in the midst of a showdown with Upper West Siders over a condo tower he is building,...
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...
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...
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...
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...
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...
One Manhattan Square
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