35, 37, and 39 East 60th Street

35, 37, and 39 East 60th Street

Extell Development, led by Gary Barnett, purchased 35, 37, and 39 East 60th Street from Solil Management for $103 million. The 28,000-square-foot assemblage includes 99,000 square feet of air rights and sits next to Extell’s planned Madison Avenue residential tower. The firm previously acquired the adjacent site for nearly $160 million and plans to demolish existing structures for a 62-unit residential and commercial project. The location, near Central Park, could offer prime views. Tyko Capital, backed by Elliott Investment Management, financed the deal.

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