Well, that didn't take long. One57, that prime slab of midtown real estate, is already attracting top foreign-dollar, The Post reports. Apparently both Chinese and Russian tycoons are in contract to buy eight figure units in thee building, which comes as little surprise. Extell, the developers behind One57, have been unabashedly courting foreign buyers for months. Read More
The constant one-upmanship that has come to define New York's luxury real estate market has reached new heights. After the record-breaking sale at 15CPW, Extell developers price hiked their penthouse at One57, The Journal reports, raising the price from $98 million to an astonishing $110 million. Read More
Gary Barnett continues to bulldoze his way across the city. Just last week, his Extell Development unveiled plans for a new tower at Riverside South; found a partner for a stalled 50-story hotel near Times Square; and secured $700 million in financing from Abu Dhabi toward One57, the condo-hotel tower on West 57th Street that will be the tallest, and likely most expensive, when it is completed. As if that were not enough, the developer has begun work just down the block on another of its long-simmering projects. Read More
Fifteen Central Park West, be worried. Very worried.
Today, The New York Times reports on Gary Barnett's long-fallow hole on West 57th Street, across from Carnegie Hall, which, now that he has some big Middle Eastern backers, he is turning into the city's tallest, and perhaps most expensive, condo project. The price for its Read More
The fight over Trump City is about to have a reprise.
Extell Development's planned 2,500-apartment development on the westernmost portion of the Upper West Side is slated to start the city's seven-month rezoning process Monday. This sets into motion debate over the future of the last parcel of the larger Riverside South development, a giant Read More
Extell Development's skyscraper planned for 57th Street and Broadway will face a big test Tuesday, as the city's Landmarks Preservation Commission is set to decide the fate of two connected buildings built by the B.F. Goodrich Company in 1909.
Just what that fate will be is unclear to many involved, a rare twist with a commission Read More
There’s a rule of thumb that applies to the city’s Landmarks Preservation Commission: The agency shouldn’t try to designate a building a landmark against its owner’s will unless the commission’s ready for a loud public skirmish. And, generally in the Bloomberg administration, the commission has steered clear of such battles, making for relatively few such Read More
Will it never end?
Just yesterday, The Observer reported yet another Extell building plan submitted to the city for approval, in that case for a 24-story, 175-unit hotel at 30 West 46th Street. And that was just the latest in a flurry of Extell applications for everything from a hotel at the Read More
Extell Development chief Gary Barnett continues to pump projects into the development pipeline, economic concerns apparently no more than a vague nagging feeling at the back of his mind.
On June 26, Extell filed plans to build a 24-story, 175-unit hotel at 30 West 46th Street, just a block over from Mr. Barnett's controversial Read More
The developer that in 2006 bought the site of the longstanding flea market known as the Antiques Garage for $42.7 million has filed plans with the city to build a hotel.
On June 16, Extell filed plans with the Department of Buildings for a 233,544-square-foot, 29-story hotel at 112 West 25th Street. The site is home Read More
Gary Barnett still believes in the New York City condo market.
On April 3, Mr. Barnett’s Extell Development filed plans with the city for a 13-story, 54-unit residential building at 147 West 21st Street. Then, on April 8, Extell filed plans for an 18-story, 58-unit building at 225 West 58th Street.
The moves demonstrate a rather comforting Read More
Extell's Gary Barnett sure is keeping himself busy.
Last week, he disseminated nothing less than a manifesto to rescue the economy, and today, he filed plans with the Buildings Department for an 830,000-square-foot, Costas Kondylis-designed tower for the empty crater at 157 West 57th Street.
George Arzt, Extell's spokesman, Read More
Long in the planning stages, Gary Barnett and his Extell Development Co. have finally let loose images of Riverside Center, their planned 3.3 million-square-foot mostly residential complex at the base of the West Side development once known as Trump City. The Department of City Planning put on its Web site today an environmental review Read More
We’re waiting to hear Read More
Gary Barnett and his Extell Development Co. are plowing forward with their plans for five new glass towers at the base of the Riverside South mega-development on the Upper West Side, and the company now says it plans to kick off early public review in December. The plan, presented at an Upper West Side Read More
