Extell plans Theater District hotel, avoiding special permit
UPDATED Jan. 13, 2022, 5:40 p.m.: When the City Council approved new restrictions on hotel development, it all but...
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
These buildings were the best-selling new developments of 2021
New developments flew off the shelf last year, but with so many residences popping up across the city, it’s...
Extell files permits for long-awaited Diamond District supertall
Gary Barnett’s Extell Development is finally moving ahead with its third development in the Diamond District. The developer filed...
Fight over Extell’s UWS tower could crush century-old City Club
UPDATED Dec. 15, 2021, 3:05 p.m.: After five years of legal skirmishes, Gary Barnett won the right to build...
North Dakota businessman scoops up 2nd unit in Extell’s One57
Leland Swanson, former president of Swanson Health Products, seems to have outgrown his first Billionaire’s Row apartment. The North...
Extell to build UES building around 2 occupant holdouts
Gary Barnett’s Extell Development has found a solution to its tenant holdout problem: build around them. Extell last week...
$730M loan bundle funds slew of NYC projects
A Ladder Capital subsidiary will oversee the sale of $730 million in collateralized loan obligations, some of which will...
Why Gary Barnett is selling Central Park Tower at 25% off
New York City’s priciest condominium project is proving to be a lot less expensive than advertised. Since closings began...
Extell building 30-story medical tower on UES
Gary Barnett’s Extell Development is ushering in a new project on the Upper East Side. Extell is developing a...
Central Park Tower condo sells for half its asking price
A price chop this big might cast some doubts on the world’s tallest residential tower. Gary Barnett’s Extell Development...