Extell details new residential towers planned for former Disney campus

Gary Barnett Founder and Chairman at
Gary Barnett Founder and Chairman at
0Comments

Piece by piece, Gary Barnett’s plans for the former Disney campus on the Upper West Side are becoming clearer. Extell Development has submitted plans for a 25-story building at 37 West 66th Street, according to a report from Crain’s. The proposed building would stand 355 feet tall and cover 231,000 square feet, featuring 58 residential units and ground-floor retail space. Demolition plans have also been filed for the current 14-story structure on the site.

The development is part of a larger project expected to include a total of 158 residential units, indicating that additional buildings may be planned for the area. Extell did not respond to requests for comment regarding these developments.

Extell acquired the campus from Silverstein Properties in a $930 million deal. Financing for the acquisition included at least $900 million provided by Guggenheim Partners and Aquarian Holdings.

In late 2024, Extell filed separate plans for two other buildings in the area. At 30 West 67th Street, they proposed a nine-story residential building with 50 units, including some designated as low-income housing. Another filing at 7 West 66th Street outlined plans for a seven-story building with 31 units, also including low-income housing; this project involves converting an existing office building.

Additionally, Barnett is seeking approval for a controversial supertall tower on Columbus Avenue between 66th and 67th streets. The proposed tower would reach approximately 1,200 feet—significantly taller than other neighborhood buildings such as Extell’s own ongoing condo project across the street at about 775 feet.

Beyond these projects on the Upper West Side, Barnett was recently identified as holding mezzanine debt on Worldwide Plaza in Midtown West. That property is scheduled to go up for auction under UCC foreclosure proceedings in two months.



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Amir Korangy, Founder & Publisher

David Werner set to acquire One Dag Hammarskjöld Plaza at major discount

David Werner has agreed to purchase the One Dag Hammarskjöld Plaza tower in Midtown East for $270 million, according to information obtained by The Real Deal.

John C. Williams, President and Chief Executive Officer Federal Reserve Bank of New York

Consumer survey shows steady inflation outlook but rising concerns over finances

The Federal Reserve Bank of New York’s Center for Microeconomic Data has released its November 2025 Survey of Consumer Expectations, indicating that households’ inflation expectations remained steady across one-year, three-year, and five-year…

David I. Becker Managing Partner

Rockwood Capital sells Midtown office tower near Grand Central for $273M

Rockwood Capital has completed the sale of its Midtown office tower, 2 Grand Central Tower, to Sovereign Partners for $273 million, according to a report by Commercial Observer.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from LI Business Daily.