Gary Barnett Of Extell And Jeffrey Feil Of The Feil Organization Acquire Air Rights In Brooklyn For $7.7M

The transaction involves the sale of air rights located at 372-374 Fulton Street in Downtown Brooklyn. The property has a total square footage of 30,735 and was sold for a price of $7,700,000. The price per square foot for this transaction is approximately $251.

Summary of transaction details:

• Property Type: AIR RIGHTS
• Transaction Amount: $7,700,000
• Square Footage: 30,735
• Address: 372-374 Fulton Street
• Market: Brooklyn
• Buyer: Gary Barnett - Extell & Jeffrey Feil - The Feil Organization
• Seller: JJ Operating

Gary Barnett represents Extell Development and Jeffrey Feil represents The Feil Organization in this transaction. The sale concluded on 07/09/2025, with the buyers acquiring the air rights from the landmarked property owned by JJ Operating.