Gary Barnett’s Extell Development has spent $62.5 million to purchase 572 Fifth Avenue in what appears to be part of the firm’s assemblage play in the Diamond District. The company bought the office building from Braha Industries, according to property records. It stands six stories tall and spans about 12,000 square feet. Extell and Braha did not respond to requests for comment. Barnett, who previously worked in the diamond industry, has been planning a secretive development […]
source https://therealdeal.com/2018/12/04/extell-development-pays-63m-for-diamond-district-parcel/
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