Deals that make you go hmmm
Extell has pocketed yet another Diamond District gem, on 46th Street between Fifth and Sixth avenues, as part of a larger assemblage that could one day allow the developer to erect a new tower.
In one of its first buys on the block since the bust, Extell, led by Gary Barnett, just purchased 9 West Read More
Manhattan Borough President Scott Stringer yesterday delivered his official thoughts on the planned Riverside Center housing development on the Upper West Side, recommending against the proposed 2,500-apartment project (with conditions).
The development is the last piece of Riverside South, the giant string of apartment towers along the West Side Highway that were started by Donald Read More
Extell Development has increased the level of below-market rate housing to go in its planned Riverside Center mega-development, a 2,500-unit project planned for the western reaches of the Upper West Side.
Based on Extell submissions to the Department of City Planning filed last week, the developer apparently intends to increase the level to 20 percent Read More
The folks at Extell Development are apparently fans of Christine Quinn.
Late last month, Lela Goren, a business partner of Extell’s who does extensive work with the company, held a fundraiser in the West Village for Council Speaker Christine Quinn that was attended by many executives from Extell. Ms. Quinn is eyeing a run for Read More
The massive 8-acre Riverside South development on the Upper West Side has its first official Community Board public hearing tonight, where, if past criticism is any precedent, the level of below-market rate housing is sure to be an issue.
Elected officials and others in the community have called on the developer, Extell Development, to raise Read More
Extell Development presented on Thursday night its plan for the massive, mixed-use development Riverside Center on the Upper West Side, opening what will likely be a contentious seven-month public review process.
Gary Barnett, CEO of Extell, said that financing had not been secured for the 3 million-square-foot proposal, which would span 59th Street to Read More
Following today’s story in The Times that Gary Barnett’s Extell Development plans to start construction within weeks on its luxury residential tower across from Carnegie Hall, here’s a rendering provided by the developer. The tower, designed by Christian de Portzamparc, is to be the city’s tallest residential building.
Its name: Carnegie 57.
The city’s Landmarks Preservation Commission backed off its effort to landmark a B.F. Goodrich Company building on West 57th Street, a rare retreat by the commission and one that follows aggressive pushback from development giant Extell, which plans a mixed-use skyscraper on the property.
The LPC on Tuesday voted 6-3 to remove the building, 225 Read More
Gary Barnett wrote a letter. It was nine paragraphs and it circulated earlier this year to people like Michael Bloomberg, David Axelrod and Larry Summers.
“Even someone with a good job today is afraid to spend, because he is afraid he will not have a job a few months down the road.”
Mr. Read More