Extell’s Israeli bonds put on downgrade watch
Another New York real estate developer is attracting concerned looks from the Israeli bond market, as the coronavirus epidemic...
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
NYC’s 10 biggest new real estate projects
New York’s life-sciences sector got a major boost last month. A roughly 418,000-square-foot building from NYC Health + Hospitals in Manhattan’s Alexandria Center for Life Science was the largest project filed in January —...
Check out Gary Barnett’s “Adult treehouse” at One Manhattan Square
Extell Development is making headway with One Manhattan Square’s 45,000-square-foot “urban oasis” outdoor amenity pedestal, including what it calls...
Barnett refis Diamond District assemblage with $340M loan
UPDATED, Feb. 7, 2020, 4:15 p.m.: Gary Barnett refinanced his big Diamond District assemblage with more than $300 million...
Extell proposes UWS mixed-use tower after completing assemblage
Gary Barnett’s Extell Development has filed plans to build a 22-story mixed-use tower on the Upper West Side. The...
Inside Extell’s private club for the 0.1%
Extell Development is bringing a sky-high private club to what’s slated to be the world’s tallest residential tower. The...
Quantifying the rise and fall of NYC’s condo market
The last decade saw the development of ultra-luxury condos that altered New York City’s skyline — and the rise...
Extell accuses City Club of reneging on settlement over UWS tower
The City Club of New York is continuing its battle against Extell Development’s latest tower, despite a settlement, the...
Extell scores $700M refi for three Manhattan buildings
Gary Barnett’s Extell Development scored a $700 million refi from Citigroup and Rexmark for its luxe rentals at Hudson...
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...
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