March 26, 2017 12:30 PM ET

Real Estate Management and Development

Company Overview of Extell Development Company

Company Overview

Extell Development Company develops, sells, and rents commercial, residential, retail, hospitality, and mixed-use properties in Manhattan and other cities. Extell Development Company was formerly known as Intell Management and Investment Company and changed its name to Extell Development Company in March 2005. The company was founded in 1989 and is based in New York, New York.

805 Third Avenue

7th Floor

New York, NY 10022

United States

Founded in 1989

Phone:

212-712-6000

Fax:

212-712-6100

Key Executives for Extell Development Company

President
Executive Vice President of Finance
Chief Legal Officer and General Counsel
Executive Vice President of Acquisitions/Sales
Senior Vice President of Project Management and Development
Compensation as of Fiscal Year 2016.

Extell Development Company Key Developments

Extell Development Company and SMI USA Announce a Joint Venture Agreement to Co-Develop Central Park Tower

Extell Development Company and SMI USA (SMI) announced a joint venture agreement to co-develop Central Park Tower, a $3.0 billion supertall residential and commercial project located on Billionaire's Row in midtown Manhattan. Rising to 1,550 feet high, Central Park Tower, when completed will be the tallest residential building in the Western Hemisphere and offer unprecedented 360-degree views of New York City and beyond. Adrian Smith + Gordon Gill Architecture, the renowned architects whose credits include the world's tallest building, the Burj Khalifa in Dubai, and Kingdom Tower in Saudi Arabia, the future world's tallest building, have now designed Central Park Tower which will be New York's most significant contribution to the global stage of supertall towers. The architectural vision for the project is founded on the principles of integrated architectural design, interior layouts and structural efficiency, positioning the building as a powerful statement in the Manhattan skyline. Located at 225 West 57th Street, Central Park Tower is slated for completion in 2019 with sales launching later this year.

Extell To Sell Units

Extell Development Company plans to sell 38 units at One57 tower. Extell has chosen to sell them instead of leasing them.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
November 29, 2016
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Merger/Acquisition
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Midtown Parking Garage 10 West 48th Street
Merger/Acquisition
June 16, 2016
52,300 Square Foot Property at 19 West 20th Street
 

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