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Extell Development Company

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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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