Extell

July 2, 2024

IKEA is coming to Fifth Avenue in Midtown

IKEA is returning to Manhattan. The home goods store will open a new store in Midtown within 570 Fifth Avenue, an office tower developed by Extell Development. Ingka Investments, the investment arm of Ingka Group which owns most IKEA stores worldwide, plans to open an 80,000-square-foot store across two cellar levels with a corner entrance on Fifth Avenue. The Swedish company opened a store on the Upper East Side in 2019 but closed about two years later.
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May 8, 2024

A new grocery store for Two Bridges: Brooklyn Fare opens at One Manhattan Square

Over a decade after the longstanding Pathmark store closed, residents of Two Bridges this week celebrated the opening of a new grocery store in the neighborhood. Brooklyn Fare Kitchen & Market has opened at the base of luxury condominium One Manhattan Square at 227 Cherry Street. The new store measures 25,500 square feet, features an all-glass storefront and 20-foot ceilings, and offers a variety of fresh produce, prepared foods, and more, at an affordable price.
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September 18, 2023

Central Park Tower penthouse gets $55M price cut

The highest residence in the world just got a lower price tag. The triplex penthouse at Central Park Tower was listed for $250 million last September, considered the most expensive home in the country if it found a buyer. But after a year on the market, the apartment is now asking $195 million, a price cut of $55 million, or 22 percent, as Bloomberg first reported. The discounted ask means the penthouse is no longer in the running for the priciest home sale in the United States.
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April 4, 2023

Papaya King finds new home on the Upper East Side

Papaya King, the iconic hot dog and fruit juice institution, has found a new home after years of narrowly avoiding permanent closure, as first reported by Upper East Site. The renowned frankfurter establishment will move across the street from its original location at 179 East 86th Street to a new storefront at 1535 Third Avenue, which could open as early as next week.
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September 16, 2022

Triplex penthouse at Central Park Tower asks record $250M

Living atop the world's tallest residential tower won't come cheap. The triplex penthouse at Central Park Tower hit the market on Monday for an astonishing $250 million, set to become the country's most expensive sale ever if the home fetches the asking price. The highest residence in the world sits 1,416 feet above New York City on Billionaires' Row and takes up the building's 129th, 130th, and 131st floors.
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November 12, 2021

First look at all of Brooklyn Point’s resort-like amenity spaces

Earlier this year, the 68-story condo tower Brooklyn Point unveiled its rooftop infinity pool, the highest in the Western Hemisphere. This week images showing off all of the building's luxury amenity spaces were released for the first time, providing a peek at 40,000 square feet of indoor and outdoor perks for residents. In addition to a host of health and wellness and entertainment amenities, Brooklyn Point also has a 9th floor landscaped terrace with dining areas and a fire pit, in addition to the record-breaking rooftop retreat.
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May 17, 2021

Brooklyn’s tallest tower unveils highest infinity pool in the Western Hemisphere

After several years of rendering-peeping, we finally have the full reveal of Brooklyn Point's rooftop infinity pool, situated 680 feet above the ground. This makes it the highest such pool in the Western Hemisphere, surpassing the famous Marina Bay Sands Hotel pool in Singapore. The condo tower from Extell also has the distinction of being the borough's tallest tower and offers other amazing amenities such as a stargazing observatory, 65-foot indoor saltwater swimming pool, a rock-climbing wall, and a squash/basketball court.
See more views here
October 16, 2020

See inside the carefully-curated residences at Brooklyn’s tallest tower

From its sky-high outdoor infinity pool to the chic interior finishes designed by Katherine Newman, no details were overlooked at Brooklyn Point, the 720-foot residential tower in Downtown Brooklyn. After topping out last spring, officially becoming the borough's tallest tower, and commencing closings and first move-ins this summer, new photos of the building's model unit were released in September, which show off the eclectic interiors by designer Charlie Ferrer.
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October 9, 2020

First look at New York City’s largest private outdoor garden at One Manhattan Square

New photos of the sprawling outdoor space at condo tower One Manhattan Square were released this week, providing a first peek at what developers say is the largest private garden in New York City. Designed by landscape architecture firm West 8, the green space measures 45,000 square feet, sits on an incline, and boasts unique features like a furnished adult treehouse and a Japanese-inspired tea pavilion.
See it here
July 28, 2020

Brooklyn’s tallest tower commences closings and move-ins

Not only is Brooklyn Point the tallest building in the borough, but it has the highest infinity pool in the western hemisphere. Superlatives aside, the 720-foot condo tower has also proved popular for its location across from Willoughby Square Park and its inclusion in the larger City Point development in Downtown Brooklyn. And in true Extell Development fashion, the amenity package is stacked, including a huge landscaped terrace complete with BBQs and a putting green, a triple-height lounge, and another indoor pool. Just in time for residents to enjoy all these perks, Brooklyn Point has announced that it's commenced closings and begun the first move-ins.
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June 22, 2020

Landscape architects West 8 created NYC’s largest private outdoor garden at One Manhattan Square

The coronavirus pandemic--which forced New Yorkers to shelter in place and adhere to social distancing rules--has many apartment dwellers longing for private outdoor space. While a lot of us would be content with a balcony or rooftop access, Extell, the developer behind One Manhattan Square, has taken the idea of residential outdoor space to the next level. At the Lower East Side condo tower, residents have access to 45,000 square feet of green space designed by landscape architecture firm West 8. Considered to be one of the largest private gardens in the city, the East River-facing green space is uniquely located on an incline and contains several distinct areas designed for active and passive use. Ahead, hear from the team at West 8 on creating an urban oasis in one of the city's busiest neighborhoods as well as the many perks of the space, including an adult treehouse, tea pavilion, star-gazing observatory, and more.
Hear from the architects
June 9, 2020

One Manhattan Square offers COVID-19 discount up to 20 percent on luxury units

Not only is One Manhattan Square one of the last residential buildings in New York City able to entice buyers with a 421-a tax abatement, but the Lower East Side high-rise is also currently offering major discounts on its luxury apartments. In response to the coronavirus pandemic, Extell Development announced last month discounts of up to 20 percent on all remaining units at the 800-foot-tall condominium.
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March 6, 2020

The Lower East Side’s ‘vertical village’ at One Manhattan Square unveils interior amenities

Extell Development Company's largest-ever luxury residential property, One Manhattan Square, has introduced a standout collection of indoor amenities twice the size of the White House, including four pools, a full-sized basketball court, a bowling alley and a cinema, Located on Manhattan's Lower East Side on the East River waterfront, the 847-foot-tall, 815-unit condominium tower–it was 6sqft's 2017 Building of the Year–boasts unobstructed panoramic water and skyline views, but its amenities package is the real standout. Extell has called the residence "a true vertical village," with 100,000 square feet of indoor and outdoor amenities–more than anywhere else, the company claims, in New York City.
Have a look at some of those fab amenities
January 28, 2020

Construction of Upper West Side’s tallest tower can proceed

Construction of Extell's controversial supertall on the Upper West Side can move forward, the city's Board of Standards and Appeals ruled Tuesday. In an unusual 2-2 split decision, the BSA said the mechanical space planned for the tower at 50 West 66th Street is appropriate, rejecting a challenge from the preservation organization Landmark West. The group had argued that Extell abused the zoning code by including tall mechanical floors in its design in order to boost the overall height of units at the building, without increasing square footage.
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January 27, 2020

See inside Central Park Tower’s 100th floor residential club

As Extell Development's Central Park Tower nears the finish line, newly released renderings of the Billionaires' Row supertall are giving us a peek into the private residential club that will occupy the 100th floor with a suite of high-end amenities. Reaching over 1,000 feet in the sky, the amenity space, called the Central Park Club, will be the highest lounge of its kind in the world, offering hard-to-beat views over Billionaires' Row and Central Park.
And the views are exceptional
September 18, 2019

Review of mechanical space use continues at Extell’s Upper West Side tower

Extell's Snøhetta-designed Upper West Side tower at 50 West 66th Street has cleared one set of legal challenges but the building's contested use of mechanical spaces remains an issue. As Crain’s reported on Tuesday, the city’s Board of Standards and Appeals voted down challenges to the building’s split zoning lots—upholding the Department of Buildings permits for the project—but voted to further scrutinize the tower’s use of mechanical floor spaces by initiating a review of whether Extell is “appropriately occupying” those spaces.
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September 17, 2019

The world’s tallest residential building, Central Park Tower, tops out at 1,550 feet

Central Park Tower officially topped out on Tuesday, breaking the record set by nearby 432 Park Avenue for the tallest residential building in the world. Reaching 1,550 feet high, the skyscraper at 217 West 57th Street would be the tallest building in New York City if not for the 400-foot spire of One World Trade, as New York Magazine reported. Developed by supertall-specialists Extell, Central Park Tower includes a seven-story Nordstrom flagship store and 179 luxury condos.
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September 12, 2019

VIDEO: See two years of work on Brooklyn Point’s recently completed facade

Earlier this Spring construction of Brooklyn’s tallest residential tower, Brooklyn Point, topped out at 720 feet. Now, the 68-story skyscraper has reached another construction milestone and is fully enclosed. A new video released by Extell compresses two years of work on the facade into mere seconds, as the Kohn Pedersen Fox-designed building nears completion.
Watch the video
June 14, 2019

VIDEO: See the city’s highest rooftop pool get lifted 680 feet atop supertall Brooklyn Point

The tallest residential building in Brooklyn was crowned this week with the highest infinity pool in the Western Hemisphere. A video released by Extell shows a 27-foot-long pool being hoisted 680 feet in the air, taking its place atop Brooklyn Point. The 68-story tower, designed by Kohn Pedersen Fox, topped out in April and sits as part of the Downtown Brooklyn development City Point.
See the video
May 17, 2019

New looks and pricing details for Extell’s Central Park Tower

In March, Extell Development's supertall on Billionaires' Row became the tallest residential tower in the world, surpassing the 1,396-foot-tall 432 Park Avenue. Now, ahead of Central Park Tower's official topping out scheduled this summer, the developers have released new renderings of its exclusive amenity space, including the indoor pool and full-service lobby. And a handful of the building's 179 residences will be listed for the first time next week, ranging from a two-bedroom for $6.9 million to a five-bedroom for $63 million.
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April 16, 2019

Extell’s 720-foot Brooklyn Point tops out, becomes tallest tower in borough

Brooklyn Point, Extell’s first outer-borough tower rising at 138 Willoughby Street officially topped out this week at 720 feet, and the views from near the top are even more incredible than expected. The 68-story high-rise designed by Kohn Pedersen Fox will contain 458 luxury units, ranging from studios to three-bedrooms, starting at $850,000 and reaching over $4 million. On track to be completed by 2020, it’ll be Brooklyn's tallest building (at least until the 1,000-foot building planned for 9 DeKalb Avenue rises) and boast the highest outdoor infinity pool in the western hemisphere.
Check out the views!
April 11, 2019

Extell’s Upper West Side tower going forward despite city’s amendment on mechanical voids

Rendering courtesy of Binyan Studios/ Snøhetta Following a revised design and review by the FDNY, developer Extell has been granted permission to proceed with plans for the Snøhetta-designed tower at 50 West 66th Street, Gothamist reports. This comes a few months after the Department of Buildings threatened to pull the building’s permits over concerns that the project was misusing mechanical voids in order to boost the overall height of units in the building. The DOB approved Extell's revised plans last Thursday, allowing the project to go forward despite a 12-to-1 City Planning Commission vote yesterday to crack down on the mechanical void loophole.
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February 13, 2019

Extell’s affordable Yorkville building opens lottery for 28 units, starting at $1,018/month

At the corner of Second Avenue and 92nd Street, just a few short blocks from the Second Avenue Subway, Extell Development has completed their first all-affordable housing project. Located at 1768 Second Avenue and designed by Curtis + Ginsberg, the development is comprised of two separate buildings, one 11 stories and the other six stories, for a combined 28 units of below-market-rate housing. These units are reserved for households earning 70 or 80 percent of the area median income, ranging from $1,018/month studios to $1,740/month three-bedrooms.
Find out if you qualify
January 18, 2019

Can Extell make Central Park Tower the most expensive condo in U.S. history?

"Some people wonder if Mr. Barnett will become a victim of the condo explosion he helped create," wrote the Wall Street Journal today in a rare expose of Extell's Gary Barnett, referring to the success he had with One57, considered the catalyst for the supertall, ultra-luxury condo boom, and the more challenging climate he's facing with the Central Park Tower. The latter, which will be the world's tallest residential building at 1,550 feet, launched sales in October, but in a soft luxury market, it's not a sure bet that the mega-developer will be able to achieve his projected $4 billion sellout and the title of the nation's most expensive condominium ever. In a likely noncoincidental move timed with the Journal story, Extell today launched the tower's new website (h/t Curbed), and it gives us mere mortals some of the first views inside the billionaire bunker.
See inside and hear from Barnett himself
January 17, 2019

City pulls permits for Extell’s controversial Upper West Side tower

Less than two months after rejecting a challenge against the tallest tower planned for the Upper West Side, the Department of Buildings has decided to pull permits for Extell Development’s 775-foot tower at 50 West 66th Street, as NY1 first reported. In December, opponents argued that the Snøhetta-designed structure was misusing structural voids—where a building’s mechanical equipment is stored—to add height without increasing square footage. They said the 160-foot mechanical spaces were designed not out of necessity, but presumably to boost the overall height of the apartments—and their price tags. Now, the DOB has made a surprise reversal, ruling that these spaces do not meet the current standards of the New York City Zoning Resolution. 
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