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.
35, 37, and 39 East 60th Street
