WATCH: Behind Barnett’s big gamble on Central Park Tower

Extell, which has handled sponsor sales in-house since the project launched sales in 2011, has tapped big-name resale brokers. such as 520 Park Avenue, 220 Central Park South and Barnett’s new.

Earlier this month, Gary Barnett’s Extell Development brought on Shanghai Municipal Investment as a new capital partner for its Central Park Tower at 217 West 57th Street. The residential tower is.

Built in the 1890s and designed by the same architect as Chicago’s iconic Water Tower, the red-roofed octagon is literally. to our past — a touchstone right there in beautiful Central Park, in the.

Gary Barnett’s Extell Development is in the final stages of. Extell has several projects under construction such as One Manhattan Square and Central Park Tower and a few in the pipeline such as an.

Watch Queue Queue. Watch Queue Queue.. Behind Gary Barnett’s big gamble on Central Park Tower The Real Deal.. 1 Manhattan Square on the Lower East Side and Central Park Tower on Billionaires.

Extell Development’s bonds continue to trade at high. Among the biggest risks to Extell’s business is a $900 million gap in financing for Central Park Tower, for which Barnett is currently seeking.

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While Vornado was plotting its new tower, Barnett was laying the groundwork for his next supertall tower on 57th Street, which just so happens to be located partially behind 220 Central Park South.

5 of NYC’s most exciting real estate projects.. So, how big is it? A whopping 17 million square feet, which includes multiple office towers and 5,000 apartments.. Central Park Tower. When.

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Behind Gary Barnett’s big gamble on Central Park Tower – YouTube. Oct 14, 2016. Back in 2008, Extell Development founder and president Gary Barnett defied the laws of the recession; in the midst of a collapsed market, his.

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