December 29, 2015 | The Real Deal | Ariel Stulburg
Dreams of Manhattan condominiums dominated 2015’s top 10 development site deals. While Gary Barnett’s Extell Development – which is known for this sort of thing – appears on the list as both a buyer and a seller, the crop of developers overall is best characterized by its diversity. Three Chinese firms appear, including locally-based Kuafu Properties. Global firms like GID Development Group and the Carlyle Group showed up next to local fixtures like Ziel Feldman’s HFZ Capital and Joseph Sitt’s Thor Equities. And while the outer boroughs failed to place, Manhattan – at least the expensive parts – was fully covered, from the far West Side, through Midtown, to the Upper East Side, and all the way Downtown...
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Neighborhoods: Upper East Side