Gary Barnett
Founder And Chairman
Extell Development
805 3rd Ave 7th floor New York, NY 10022
Extell Development NYC portfolio
$6.9 billion -condo 45%, elevator 15%, specialty 9%; Manhattan 99%*
25th largest portfolio by dollar value
5,305,997 sqft – condo 44%, specialty 20%, elevator 11%; Manhattan 99%
77th largest by SF
94 properties – Manhattan 99%
68th largest
2,368 residential units – Manhattan 100%
137th largest by residential units
18 foreclosures, 366 bankruptcies, 213 other court cases.
Person Activity past 24 months:
Buyer signatory: 3 for $302.6 million
Seller signatory: 2 for $62.8 million
Borrower signatory: 2 for $84 million
Top Ten Associated Companies:
ZD Jasper Realty (2), Bank of America (1), Cindy K. Chan (1), Extell Development (1), NYC Elite (1), Solil Management (1), Flagstar Bank (1), Rabsky Group (1), Spencer Equity Group (1), Deutsche Bank (1)
Top Ten Associated People:
Zhidong Wu (2), Cindy K. Chan (1), Steve Grant (1), Tina Ferriola (1), Jane Goldman (1), Luisa Little (1), Henry W. Yabroudy (1), Simon Dushinsky (1), Matt Smith (1), Mrinal Dansingani (1)
Recent activity as signatory:
• 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.
• Extell Development sold 1532 3 Avenue for $24.5 million to ZD Jasper Realty on October 10, 2023.
• Extell Development sold 200 Riverside Boulevard, Lincoln Square, Manhattan for $8.2 million to NYC Elite on June 22, 2023.
• Extell Development sold 50 Riverside Boulevard, Lincoln Square, Manhattan for $10 million to Collegiate School on April 11, 2023.
Latest Stories:
• 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)
• Extell sells retail on Billionaires’ Row in Midtown West for $25M (February 17, 2025)