Andrew Chung named president and co-CEO of Extell Development

Name: Andrew Chung

Position: President and Co-Chief Executive Officer

Company: Extell Development Company

Note:
Andrew Chung has been appointed President and Co-Chief Executive Officer of Extell Development Company, partnering with founder and CEO Gary Barnett.

Chung is the founder of Innovo Property Group, which he established in 2015. Prior to that, he was a partner at The Carlyle Group, where he was a senior member of the U.S. Real Estate Fund and led the firm’s New York office for a decade. His experience includes large-scale development, institutional investment, and complex capital structures.

In his new role, Chung will work closely with Barnett to oversee Extell’s strategic direction, development pipeline, capital relationships, and long-term growth initiatives across its residential, commercial, and mixed-use portfolio.

He also serves on the advisory board of the NYU Schack Institute of Real Estate and was recognized in The New York Observer “Power 100” list for six consecutive years from 2009 to 2014.

Education:
Bachelor of Science in Economics from The Wharton School