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Extell Development Company

From Wikipedia, the free encyclopedia
Extell Development Company
Company typePrivate
IndustryReal estate development
Founded1989
FounderGary Barnett
Headquarters,
Websiteextell.com

Extell Development Company is an American real estate developer of residential, commercial, retail, hospitality, and mixed-use properties. Founded in 1989 by Gary Barnett, the company’s portfolio exceeds 20 million square feet.[1] The company has between 125 and 150 employees.[2] Prior to 2005, it was known as Intell Management and Investment.[3]

According to a survey conducted by The Real Deal, Extell is the most active builder in Manhattan, with at least 11 active projects totalling over five million square feet.[2][4] Extell is known for kickstarting the "Billionaires' Row" towers below Central Park, and for constructing a number of different buildings on the Upper East Side, in Manhattan.[5]

In 2013, Extell came under fire in the New York Post and Gawker Media for building separate entrances for rich tenants and poor tenants in one or more of their Manhattan high-rise buildings.[6][7]

Properties

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One Manhattan Square nearing completion in 2019

Notable properties owned or developed by the company are:

References

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  1. ^ "About Extell Development Company". Extell Development Company. Retrieved 2013-04-16.
  2. ^ a b Pincus, Adam (2013-02-01). "Barnett's big buildout". The Real Deal. Retrieved 2013-04-16.
  3. ^ "Extell Development". The Real Deal. March 19, 2019. Retrieved November 20, 2020.
  4. ^ Pincus, Adam (March 20, 2013). "Extell set to grow Midtown East site". The Real Deal. Retrieved 2013-04-16.
  5. ^ Garber, Nick (June 29, 2022). "Major Upper East Side Corner Faces Demolition, Including Papaya King". Patch.com. Retrieved June 30, 2022.
  6. ^ Briquelet, Kate (2013-08-18). "Upper West Side condo has separate entrances for rich and poor". New York Post. Retrieved 2013-08-18.
  7. ^ Zimmerman, Neetzan (2013-08-18). "Outrage Over Separate Doors for Rich and Poor in Manhattan High-Rise". Gawker Media. Archived from the original on 2013-08-19. Retrieved 2013-08-18.
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