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

50 West 66th Street and the One57 building at 157 West 57th Street (Extell Development, One57)

Extell properties top Manhattan’s luxury contracts

Extell Development swept last week’s signed luxury contracts in Manhattan. Two properties by Gary Barnett’s firm claimed the top...

Extell properties top Manhattan’s luxury contracts
Extell Development’s Gary Barnett along with a rendering of 1520 First Avenue (Getty, Extell Development)

Extell lands $425M construction loan for UES medical tower

Extell Development’s barnstorming tour of the Upper East Side is rolling along, most recently landing financing for its incoming...

Extell lands $425M construction loan for UES medical tower
From left: Councilmember Christopher Marte, Gary Barnett, JDS Development’s Michael Stern, Joseph Chetrit and a rendering of Two Bridges (Getty)

Another lawsuit looks to stop Two Bridges developments

The legal fight over the development of multiple towers in Two Bridges appeared to be over, but its opponents...

Another lawsuit looks to stop Two Bridges developments
ZD Jasper's Jasper Wu with 430-434 W 37th St and 439 W 36th St

Queens developer touches down on the Far West Side

For nearly three years, a Chinese developer has been quietly reshaping Queens’ skyline. ZD Jasper’s glossy rental towers and...

Queens developer touches down on the Far West Side
Extell Development’s Gary Barnett, Robert Gans and Princeton's Joseph Tabak (Getty)

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...

Investor has till Christmas to pay $200M to Barnett, Tabak
A photo illustration of Gary Barnett and 259 Clinton Street (Extell Development, Getty Images, McNamara Salvia)

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...

Barnett doubling down in Two Bridges

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