Could Alex Rodriguez still be rounding the bases looking for home?
In February, the Yankees slugger was reportedly warming up to buy a four-bedroom condo at the two-towered Rushmore on Riverside South. The full-floor-spread was said to cost between $5.5 million and $6 million. Extell Development even released a statement in which founder Gary Barnett Read More
On Monday night, the bright, rain-streaked MetLife clock had just struck midnight and the streets were still crowded with Flatiron revelers when The Observer stood gazing at One Madison Park. The 60-story obelisk rose darker than the sky, with only a single light burning on the 25th floor, until it too went out.
The clock Read More
Gary Barnett has scored some big victories in the Diamond District of late, but in this case Extell’s loss is the World Diamond Tower’s gain.
Mr. Barnett, a former diamond dealer, bought 20 West 47th Street earlier this winter for $73 million in a judicial auction. But one of his diamond dealer tenants (a rare Read More
Red Carpet Real Estate
Donald Trump may want to buy the Mets, but the developer with a real feel for the game—as well as basketball, it turns out—is Extell’s Gary Barnett. Scoring the extra point is the fact that he famously beat Trump out at Riverside South, where many of the city’s top athletes are now moving.
Alex Read More
O.K., so it isn’t exactly a gem–at least not yet–but Mr. Barnett’s Extell has indeed pocketed another unremarkable property on 46th Street, between Fifth and Sixth avenues, in an apparent effort to move ahead with more development in the Diamond Distrisct.
In 2007 and 2008, Extell plucked a number such modest properties for its Diamond Read More
The Rushmore has been a hot commodity of late, attracting the likes of Alex Rodriguez, Robin Williams and violinist Pinkus Zuckerman. Should any of them need homeowners’ insurance, they could turn to Domingo Amaro Rangel, who is no relation to our city’s most corruptible congressman but does run one of the largest insurance concerns Read More
Gary Barnett’s love for Soho may have turned out to be star-crossed.
The tower-loving developer went on quite the Soho shopping spree in the early part of the last decade. Under the guise of Soho Love LLC, his company, Extell, purchased four lots from 180 through 186 Sixth Avenue, right next to a Sleepy’s mattress Read More
Across the city, hundreds of hammers are poised midair. Many believe that development will be frozen for years to come. But while the sight of New York City’s 600 stalled construction projects is difficult to ignore, those deep inside the industry say signs of a new boom are beginning to appear.
“It seems that there’s Read More
Brokers have already made Gary Barnett’s hit list, but the mega-developer has given them one more reason to hate his guts (while having no choice but to do business with the powerful builder). Crain’s is reporting that Barnett’s Extell Development has sued a handful of brokerages, including Brown Harris Stevens, over pre-paid commissions for Read More
After decades, the final chapter of the Trump City development saga is now taking shape with the first rounds of debate under way at the most local level of public review.
Tuesday night’s Community Board 7 meeting featured a lengthy session on the final parcel of the massive Riverside South development—an assortment of apartment Read More