Extell Development
People:
Extell Development portfolio
$1.7 billion – condo 53.0%, specialty 14.0%; Manhattan 98.0%, Brooklyn 1.0%
33th largest portfolio by dollar value
4,982,498 sqft – condo 44.0%, specialty 21.0%;
55th largest by SF
925 properties – Manhattan 99%, Bronx 0%
4th largest
2,247 residential units – Manhattan 100.0%, Bronx 0.0%
91th largest by residential units
2 foreclosures, 22 bankruptcies, 20 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $170.8 million
Seller company: 7 for $392.1 million
Borrower company: 11 for $1.8 billion
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Shubert Organization (3), Blackstone Group (3), New York Community Bank (3), JPMorgan Chase (3), Cain International (3), Henry Chalouh (2), Citibank (2), Bank OZK (2), Guggenheim Partners (2), ZD Jasper Realty (2)
Top Ten Associated People:
Walter Edelstein (3), Henry Chalouh (2), Robert S. Frankel (2), Timothy M. Costello (2), Zhidong Wu (2), Daniel M. Bagatta (2), David Goldban (2), Sandor Krauss (2), Lucy Luo (1), Michael Xylas (1)
Latest Stories:
• Silvera Properties files plans for two-tower, 60-unit building in Chelsea (December 19, 2024)
• Flagstar files $100M pre-foreclosure at Extell’s Belnord retail (July 16, 2024)
• Extell signs $340M refi with IGIS for Midtown West supertall dev site (July 12, 2024)
Litigation: