Ahuva Genack

General Counsel

Extell Development

Developer, Owner

805 3rd Ave 7th floor New York, NY 10022

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Extell Development NYC portfolio

$7.4 billion -condo 42%, elevator 14%, office 12%; Manhattan 99%*

21th largest portfolio by dollar value

5,570,452 sqft – condo 42%, specialty 19%, elevator 11%; Manhattan 99%

73th largest by SF

96 properties – Manhattan 99%

67th largest

2,368 residential units – Manhattan 100%

139th largest by residential units

18 foreclosures, 366 bankruptcies, 213 other court cases.

Person Activity past 24 months:

Borrower signatory: 2 for $472.4 million

Top Ten Associated Companies:

Lotus Cl LLC (1), Ying Zhou (1), Theresa Wang Chinese Culture Center Inc. (1), 217 West 57th 64E, LLC (1), Tyko Capital (1), Richard Keefe (1), CPT 59E LLC (1), Cpt 125 Trust (1), Liangbo Yao (1), Kenneth W. Lowe (1)

Top Ten Associated People:

Adi Chugh (2), Walter Edelstein (1), Run Ye (1), Sandor Krauss (1), David Wang (1), Michael Xylas (1), Richard Keefe (1), Steven Matz (1), Robert S. Frankel (1), Liangbo Yao (1)

Recent activity as signatory:

Extell Development borrowed $322.4 million from TYKO Capital for 31 East 60 Street on December 15, 2025.

Extell Development borrowed $150 million from Tyko Capital for 31 East 60 Street on October 10, 2024.

Extell Development sold 217 West 57th Street, Midtown West, Manhattan for $48.5 million to The buyer on May 23, 2022.

Extell Development sold 217 West 57th Street, Midtown West, Manhattan for $16 million to The buyer on May 05, 2022.

Extell Development sold 217 West 57th Street, Midtown West, Manhattan for $15.3 million to Liangbo Yao on March 21, 2022.

Extell Development sold 217 West 57th Street, Midtown West, Manhattan for $15.1 million to Jonathan Mendelsohn and Nicola Mendelsohn on March 10, 2022.

Extell Development sold 217 West 57th Street, Midtown West, Manhattan for $18.4 million to CPT 59E LLC on March 03, 2022.

Extell Development sold 217 West 57th Street, Midtown West, Manhattan for $11.2 million to Theresa Wang Chinese Culture Center Inc. on February 10, 2022.

Extell Development sold 217 West 57th Street, Midtown West, Manhattan for $47 million to Cpt 125 Trust on January 14, 2022.

Extell Development sold 217 West 57th Street, Midtown West, Manhattan for $17.9 million to 217 West 57th 64E, LLC on December 30, 2021.

Latest Stories:

• Extell pays $39.9M to Metropolitan Club for 135K sf in air rights in Lenox Hill (February 03, 2026)

• Extell signs $322.4M construction loan with TYKO Capital for supertall in Lenox Hill, part of $1.1B debt (December 31, 2025)

• KSR affiliate pays $27.5M for mixed-use in Lenox Hill, up from $16.5M in 2022 (March 19, 2025)

• Extell pays $103.3M to Goldmans for buildings adjacent to Lenox Hill development parcel (March 12, 2025)

• Extell plans new 37-story resi, hotel, retail tower at 655 Madison, site bought for $159M (November 20, 2024)

• Extell pays $159.4M to Williams Equities for 655 Madison in Lenox Hill (October 16, 2024)

• Conservative activist Jordan Sekulow pays $16.5M for mixed-use townhouse in Lenox Hill (June 02, 2022)

• Chinese Culture Center pays $11.2M to Extell Development for resi condo in Central Park Tower (February 21, 2022)

• Extell Development sells UES condo for $32.7M or $4,843 per foot (December 16, 2021)

• Extell sells Central Park Tower condo for $40.8M (October 07, 2021)

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