Before he purchased the City Point site for $120 million, Extell Development’s Gary Barnett wasn’t eager to venture into the outer boroughs. “I never was interested in developing in Brooklyn or Queens, and shame on me. I totally missed the market,” he said Tuesday during the eighth annual Brooklyn Real Estate Summit at City Point. “People saw the opportunities earlier and did great things here.” Barnett said he and Paul Travis, founder of Washington Square […]
source https://therealdeal.com/2018/04/10/how-extell-got-into-brooklyn-and-why-its-not-rushing-to-do-more/
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