Extell snaps up Midtown office building long rumored to be part of assemblage
Gary Barnett has closed on an office building he was long rumored to be buying for his latest Midtown assemblag Barnett’s Extell Development bought the 73,000-square-foot building at 110 East 55th Street for $65 million from Parkoff Organization, according to property records. The office building is the latest piece of the massive development project Barnett is stitching together on Park Avenue. In May, Barnett paid $500 million to buy the development site at 405-417 Park Avenue, which is adjacent to the 19-story Parkoff building. The company also bought air rights from the Central Synagogue for $20 million. A few weeks […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
How to Turn Your Equity Into Rentals with a HELOC or
Cash-Out Refi (Rookie Reply)
Rezoned Sheepshead Bay site sells for $37M for large
affordable housing project
Massive North Fork waterfront estate sells for $15M in
single-lot record
COPA heads to committee vote, this time with tweaks for
industry
BXP sells equity stake in 343 Madison development
Goose lands $143M construction loan for controversial Arrow
Linen site
Brooklyn townhouse developer sells converted Cobble Hill
property for $12M
Roy Lichtenstein’s Hamptons estate finally sells
Billionaire with “no plan”: Apollo’s Marc Rowan to hold $30M
North Fork parcel
20% of Homes See Price Cuts (Sellers Face Reality) | Oct.
2026 Housing Market Update
