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Extell Wins Development Site for $23M

NEW YORK CITY-A site along 10th Avenue that currently is the 14,300-sf headquarters of Stuart Dean trades for $23 million. Extell Development picks up the site and wins the potential to construct a 315,360-sf building there.

By Barbara Jarvie | Updated on October 18, 2005

NEW YORK CITY-Extell Development has acquired another West Side site. This time, the firm, lead by Gary Barnett, picked up a development site–the entire easterly block front on 10th Avenue between West 30th and 31st streets–for approximately $23 million.

The Hudson Yards district site is currently used as the 14,300-sf headquarters of the Stuart Dean Co. Currently the property consists of a two-story garage, a five-story walk-up, and an undeveloped irregular sliver of land totaling approximately 131 feet of frontage.

Eastern Consolidated’s senior managing directors Eric M. Anton and Ronald Solarz, with analyst Paul Nigido exclusively represented the seller. They also procured the buyer.

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