Gary Barnett
Founder And Chairman
Extell Development
(Extell Development Company)
805 3rd Ave 7th floor New York, NY 10022
Extell Development NYC portfolio
$7.4 billion -condo 42%, elevator 14%, office 12%; Manhattan 99%*
31th largest portfolio by dollar value
5,549,013 sqft – condo 42%, specialty 19%, elevator 11%; Manhattan 99%
77th largest by SF
97 properties – Manhattan 99%
82th largest
2,368 residential units – Manhattan 100%
158th largest by residential units
18 foreclosures, 366 bankruptcies, 213 other court cases.
Other Links:
https://en.wikipedia.org/wiki/Gary_Barnett_(real_estate_developer)
https://www.linkedin.com/company/extell-development-company/about/
Person Activity past 24 months:
Buyer signatory: 6 for $792.4 million
Seller signatory: 2 for $62.8 million
Borrower signatory: 2 for $84 million
Top Ten Associated Companies:
ZD Jasper Realty (2), Rabsky Group (1), Spencer Equity Group (1), Deutsche Bank (1), Henry Chalouh (1), Feil Organization (1), Metropolitan Club (1), Expert Management (1), Apollo Global Management (1), BD Hotels (1)
Top Ten Associated People:
Zhidong Wu (2), Simon Dushinsky (1), Matt Smith (1), Mrinal Dansingani (1), Henry Chalouh (1), Jeffrey J. Feil (1), Robert J. Strang (1), Edgar H. Haug (1), Salvatore Notaro (1), Richard Born (1)
Recent activity as signatory:
• American Jewish Committee sold 938 3 Avenue for $39 million to Extell Development on May 14, 2026.
• DWS Group and MRP Realty sold 109 East 54 Street for $199.1 million to Extell Development on April 17, 2026.
• Corem Property Group and GDSNY sold 108 East 55 Street for $251.7 million to Extell Development on April 17, 2026.
• Metropolitan Club sold 31 East 60 Street for $39.9 million to Extell Development on January 29, 2026.
• Extell Development borrowed $44 million from Deutsche Bank for 17 West 60th Street and 17 West 60th Street, Lincoln Square, Manhattan on November 03, 2025.
• Extell Development ground leased 382 Fulton Street valued at $37.8 million to Rabsky Group and Spencer Equity Group on October 27, 2025.
• Solil Management sold 37 East 60 Street for $103.3 million to Extell Development on February 26, 2025.
• Extell Development sold 171 West 57th Street, Midtown West, Manhattan for $25 million to Cindy K. Chan on January 15, 2025.
• Extell Development borrowed $40 million from Flagstar Bank for 2360 Broadway, Upper West Side, Manhattan on December 20, 2024.
• Williams Equities sold 31 East 60 Street for $159.4 million to Extell Development on October 10, 2024.
Latest Stories:
• Extell pays $39M for American Jewish Committee building in Midtown East (May 26, 2026)
• Extell battles Pinnacle Group over future management of Midtown West hotel (June 25, 2025)
• KSR affiliate pays $27.5M for mixed-use in Lenox Hill, up from $16.5M in 2022 (March 19, 2025)
