Posted on February 9, 2008 by Katie Lorah
Welcome to the second in our series of posts running down the track records of the various companies competing for the opportunity to build lots and lots of buildings over the West Side Rail Yards. Today we focus on Extell, whose Steven Holl-designed plan (above, and here) has probably received the most architectural critical praise.
Extell, formerly Intell Management and Investment Co., has been an NYC real estate player since 1994, although their profile has heightened considerably in the last few years, especially since their name change in 2005. They are steered by CEO Gary Barnett, a former diamond merchant.
The company notably attempted to play the spoiler during the bid process for Atlantic Yards redevelopment in Brooklyn, submitting a proposal that — unlike competitor Forest City Ratner’s controversial, ultimately adopted plan — would not have required the usage of eminent domain, or have included a stadium for the NBA’s Nets. The Real Deal offers a pretty good rundown on the company here.
After the jump, we have a summary of some of Extell’s more notable projects and properties, with pretty illustrations to boot.
Filed under: Better Know a Developer, Extell | Tagged: Developers, Donald Trump, Extell, Forest City Ratner, Riverside South, Steven Holl | 2 Comments »
Posted on January 16, 2008 by Katie Lorah
The Times reports that ad firm Ogilvy-Mather plans to take over a building at 11th Avenue & 47th Street, making them pioneers on the Far West side. Though, it must be noted, their building is not really all *that* close to the Rail Yards site.
Andrew Berman (he of many community activist organizations) takes out the big guns for the current status of the planning process in Chelsea Now – making a number of excellent points in the process.
Crain’s notes the HYCAC’s open letter, giving special attention to the organization’s implicit support for the Brookfield site plan.
The New York Observer’s real estate blog suggests that Merrill Lynch’s decision to renew its lease on current offices at the World Financial Center (owned and administered by Brookfield Properties) could potentially work in favor of the Brookfield plan… although the suggestion that Brookfield could conceivably talk Merrill into becoming the anchor tenant they currently lack seems unfounded at this juncture.
And, to file under “Old but worthy:” Stephen Holl discusses his strategies to make the Extell plan “9/11 proof” in New York’s Daily Intelligencer.
Filed under: Media, Uncategorized | Tagged: Andrew Berman, Brookfield, Chelsea Now, Crain's, Extell, HYCAC, Merril Lynch, New York Magazine, New York Times, Observer, Ogilvy-Mather, Stephen Holl | Leave a Comment »
Posted on December 11, 2007 by Katie Lorah
Filed under: Media | Tagged: Atlantic Yards, Brookfield, Chelsea Now, Cooper Union, Developers, Extell, Gary Barnett, High Line, New York Magazine, Oberserver, Ric Clark, The Real Deal | Leave a Comment »