Ripples still cascading from Extell's 2005 splash
Image [NYSun]
The developer's parade of fresh projects sparks excitement - and some alarm [Real Deal] January 2006
"Extell Development Corporation galloped onto the New York City real estate scene in full regalia last year with a big land buy on the Upper West Side, and its high-profile arrival has many veteran market observers wondering how fast one firm can move."
"First was a residential purchase that topped the charts for New York City: Extell - a national real estate developer as well as construction and asset manager in office, retail and multifamily properties - paid a reported $1.76 billion for a swath of land on the Upper West Side owned by Donald Trump and several Hong Kong-based partners.The move triggered a high-profile lawsuit filed by Trump against his partners for undervaluing the property."
The developer's parade of fresh projects sparks excitement - and some alarm [Real Deal] January 2006
"Extell Development Corporation galloped onto the New York City real estate scene in full regalia last year with a big land buy on the Upper West Side, and its high-profile arrival has many veteran market observers wondering how fast one firm can move."
"First was a residential purchase that topped the charts for New York City: Extell - a national real estate developer as well as construction and asset manager in office, retail and multifamily properties - paid a reported $1.76 billion for a swath of land on the Upper West Side owned by Donald Trump and several Hong Kong-based partners.The move triggered a high-profile lawsuit filed by Trump against his partners for undervaluing the property."
posted by rjgny2004 at 5:22 PM
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