Extell Development Acquires Office Building On Upper West Side For $930M
77 West 66th Street
1,200,000 SF
Summary
Extell Development Company has acquired an office property located at 77 West 66th Street in the Upper West Side market. The transaction took place on 03/01/2022 with a sale price of $930,000,000. The property has a total square footage of 1,200,000, resulting in a price per square foot of $775. The seller of the property was Silverstein Properties, while the buyer was represented by Gary Phillips & Will Silverman from Eastdil Secured.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $930,000,000
- Address: 77 West 66th Street
- Market: Upper West Side
The acquisition of the property at 77 West 66th Street was facilitated by Extell Development Company, led by their representatives Gary Phillips & Will Silverman from Eastdil Secured. Extell Development Company purchased the office asset from Silverstein Properties. The transaction marks a significant milestone for all parties involved in the deal.
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