Investor Robert Gans files for bankruptcy to thwart Barnett, Eli Tabak
Robert Gans, owner of a prized Hell’s Kitchen assemblage with lucrative potential, has filed for bankruptcy protection. Circling above...
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
Checkmate for Papaya King: Extell files demo plans on UES
UPDATED June 30, 2022, 1 p.m.: Hot dog connoisseurs aren’t relishing the likely loss of Upper East Side institution...
Extell lands $125M loan for UES resi project
Gary Barnett’s L-shaped project scored a “W” this week thanks to a $125 million debt package that refinances the...
Tri-State
Netflix bids on 289-acre land in New Jersey
Netflix is officially in the running for a large tract of land in New Jersey. So is one of New York City’s biggest developers. The streaming giant bid on the so-called “Mega Parcel” in...
Feil out, Extell in at big Brooklyn development
One major developer is handing off its Downtown Brooklyn project to another. Gary Barnett’s Extell Development signed a long-term...
Gary Barnett has something to say
Gary Barnett doesn’t do many interviews. But it turns out that he has a lot of opinions. The billionaire founder and president of Extell Development shared a few in a rare sit-down Thursday, including:...
Gary Barnett hunts lucrative Hell’s Kitchen assemblage
Gary Barnett’s Extell Development is working with Eli Tabak’s Bluestone Group to gain control of a large development assemblage...
Gary Barnett’s Extell repeats as Manhattan’s top borrower
The 10 largest real estate loans recorded in Manhattan in March totaled $1.1 billion, about half the amount of...
Chinese furniture magnate purchases Central Park Tower pad for $15.3M
Yao Liangbo has a new home to furnish. The vice chairman of Oppein Home Group, one of China’s largest...
NYC new development sales stay hot, but prices show signs of stabilizing
Steroids, a rocket ship or a magic beanstalk — whichever metaphor you choose to describe New York’s hot new...