Gary Barnett Of Extell Development Acquires Manhattan Office Building For $65 Million From Adam Parkoff

The transaction involved an office building located at 110 East 55th Street in Manhattan. The asset measures 73,000 square feet and was sold for $65 million, resulting in a price per square foot of $890.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $65,000,000
• Buyer: Gary Barnett - Extell Development
• Seller: Adam Parkoff - Parkoff Organization
• Square Footage: 73,000
• Price per Square Foot: $890
• Date of Transaction: 07/30/2026
• Market: Manhattan

Gary Barnett represents Extell Development in this acquisition, while Adam Parkoff represents Parkoff Organization as the seller in the deal.