Extell Development Company Explained

Extell Development Company
Type:Private
Foundation:1989
Homepage:extell.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 totaling .[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

Notable properties owned or developed by the company are:

Notes and References

  1. Web site: About Extell Development Company . Extell Development Company . 2013-04-16.
  2. Web site: Pincus . Adam . Barnett's big buildout . . 2013-02-01 . 2013-04-16.
  3. Web site: March 19, 2019. Extell Development. November 20, 2020. The Real Deal.
  4. Web site: Pincus . Adam. Extell set to grow Midtown East site . . March 20, 2013 . 2013-04-16.
  5. Web site: Major Upper East Side Corner Faces Demolition, Including Papaya King . Garber . Nick . June 29, 2022 . Patch.com . June 30, 2022.
  6. News: Upper West Side condo has separate entrances for rich and poor . . 2013-08-18 . 2013-08-18 . Kate . Briquelet.
  7. Web site: Outrage Over Separate Doors for Rich and Poor in Manhattan High-Rise . . 2013-08-18 . 2013-08-18 . Neetzan . Zimmerman . dead . https://web.archive.org/web/20130819225645/http://gawker.com/outrage-over-separate-doors-for-rich-and-poor-in-manhat-1168451135 . 2013-08-19 .