Extell Development has dropped its push to bring Costco to its planned "Riverside Center" site on the Upper West Side, part of the larger Riverside South development by the West Side Highway.
The developer told elected officials this morning that the planned store was off the table, dropping a controversial element of their plan, which Read More
It’s been 23 years since the Upper West Side first gasped at Donald Trump’s plans for a series of soaring towers that would contain 7,600 apartments and a 150-story headquarters for NBC on the 75-acre Penn Central rail yards.
The battle that followed was an epic one—Mr. Trump this week recalled Read More
Extell Development is in talks with discount bulk retailer Costco to occupy a large underground store as part of a new 3.3 million-square-foot development of mostly residential buildings on the Upper West Side.
Extell, led by Gary Barnett, is seeking to move forward on developing the last parcels of Riverside South, the 55-acre Read More
Plans for a soaring new hotel across from an expanded Javits Center have now gone the way of, well, an expanded Javits Center.
With expansion plans scaled back months ago, the Paterson administration earlier in June refunded the deposits of the three bidders vying to build the Javits Hotel, a tower Read More
Extell Development, which is planning a 40-story tower in the Diamond District, has just acquired a 55,000-square-foot building on the same block for $50 million, according to city documents posted today.
The Fifth Avenue Jewelers Exchange sold the building at 30 West 47th Street to Extell, led by Gary Barnett, a former diamond trader Read More
Now it’s really official: the M.T.A. board this afternoon voted to approve a deal with the Related Companies and Goldman Sachs to develop over the 26-acre West Side rail yards.
A few nuggets of rail yards info from the meeting: According to M.T.A. CFO Gary Dellaverson, who summarized negotiations to the board, the key Read More
With Tishman Speyer out of the picture at the West Side rail yards, the Metropolitan Transportation Authority is now headed back to the other three bidding teams (Extell Development, the Related Companies, and a joint venture of the Durst Organization and Vornado Realty Trust); that is, if they’re still interested.
Wall Street Journal architect critic Ada Louise Huxtable likes the West Side rail yard bids of Brookfield Properties and Extell Development Corporation. In general, Ms. Huxtable doesn’t like any of the five bids, but those of Brookfield and Extell at least, she writes, "are worth talking about."
Extell’s bid has "the unity, character and Read More
We sat down with Gary Barnett, president of Extell Development, to talk about his firm’s bid for the West Side rail yards. Mr. Barnett also talked about Extell’s failed bid for Atlantic Yards and its plans for building a 57th Street hotel and condo.
The interview can be read here. It will also be Read More
Location: Could you generally talk about what you tried to accomplish with your bids for the West Side rail yards?
Mr. Barnett: When we started to look at it, to us it became clear that any project that talks about having the massive platforms that would be required to build substantial buildings over the Read More