NEW YORK, NY - Extell Development Company, a full-service national real estate developer of residential, commercial and hospitality properties – is releasing sales data across its entire portfolio. In the first quarter of 2021, Extell signed more than $260 million in new contracts throughout its for-sale residential developments and is on track to execute an additional $250 million in April alone. This sales success is a testament to the strength of the real estate market in New York City and other prime markets across the country, as well as consumer confidence in Extell’s high-quality residential offerings.
“Throughout this pandemic we have never stopped believing in the strength and resiliency of New York City,” said Gary Barnett, Founder and Chairman of Extell Development Company. “With the country continuing to reopen, New Yorkers returning to the city, and the vaccine rollout progressing rapidly, buyers are recognizing that now is the time to buy and take advantage of today’s pricing before it goes back up. We are one of few developers that can offer opportunities at various price points across the city and other markets throughout the country.”