Extell Buys 1645 First Avenue on the Upper East Side for $28M

AI Summary

Extell Development purchased 1645 First Avenue in Manhattan’s Yorkville neighborhood for approximately $27.9 million. The acquisition continues developer Gary Barnett’s accumulation of smaller development sites around Manhattan.

Gary Barnett’s Extell Development continues to stockpile small plots of land around Manhattan. Extell’s most recent acquisition made public since its previous buy on Monday is the $27.9 million purchase of 1645 First Avenue from Jay and Stuart Podolsky of Amsterdam Hospitality Group in the Yorkville section of Manhattan’s Upper East Side, according to property […]