Extell

condos, Construction Update, Downtown Brooklyn, Major Developments, Video

Rendering courtesy of Williams New York/Extell

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

Central Park South, Design

Central Park Tower, 225 West 57th Street

New rendering of Central Park Tower’s indoor pool, via Extell

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.

More this way

Architecture, Construction Update, Downtown Brooklyn, New Developments

Current construction shot of Brooklyn Point by CityRealty (L); Photo of the view courtesy of Williams New York (R)

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!

condos, Construction Update, New Developments, Policy, Upper West Side 

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.

More info

affordable housing, housing lotteries, yorkville

Rendering via Curtis + Ginsberg

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

condos, Midtown, New Developments, real estate trends

Rendering courtesy of Wordsearch

“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

condos, Construction Update, New Developments, Upper West Side 

Rendering courtesy of Binyan Studios/Snøhetta

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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Cool Listings, Downtown Brooklyn

Via Extell

The highest apartment ever built in Brooklyn just hit the market for $3.9 million. The penthouse sits on the 68th floor of Extell Development’s tower, Brooklyn Point, which at 720 feet remains the tallest building in the borough. The corner residence contains three bedrooms, three baths, and will boast incredible views of Manhattan via windows with North and East exposure. Brooklyn Point, at 138 Willoughby Street in Downtown Brooklyn, is still under construction, but officially launched sales in March, with condos starting at $837,000.

See the penthouse

condos, Major Developments, Midtown

Via Extell

Sales have launched for Central Park Tower, the tallest residential tower in the world, Extell Development announced Monday. Located at 225 West 57th Street, the 1,550-foot tower is rising on Billionaires’ Row, a strip of ultra-luxury residences at the southern end of Central Park in Midtown. While Extell hasn’t officially released pricing for its 179 condos, the Real Deal reported last year that 20 of the units have a price tag of $60 million and higher, with a $95 million penthouse being the most expensive. If the building achieves its projected $4 billion sellout, the tower would become the most expensive condo project in New York City.

More here

East Village, New Developments, Rentals

East Village Target’s CBGB odes get mixed reviews

By Devin Gannon, Mon, July 23, 2018

East Village, Target, east village target

Photo by Tia Richards for 6sqft

Target officially opened its first store in the East Village on Saturday, to mixed reviews from locals. During its grand opening, the chain recreated the storefront of CBGB, a famous punk rock club where the Ramones, Patti Smith and Blondie played, with a red-and-white awning that reads “TRGT.” Located on 14th Street and Avenue A, the design included red newspaper boxes similar to old ones of the Village Voice paper, fake fire-hydrants and a temporary facade made to look like the housing tenements of the Village in the 1970s and 1980s. Jeremiah Moss, the author behind the Vanishing New York blog, called the new store “the most deplorable commodification of local neighborhood culture I’ve ever witnessed.” As of Monday, the CBGB-themed storefront is no longer up.

Details here

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