Extell Development Company (“Extell”), a full-service real estate developer of residential, commercial and hospitality properties, and Tennor Holding B.V. (“Tennor”), a global investment holding company, announced today a joint venture agreement to co-develop 50 West 66th Street, a 775-foot (236-meter) residential tower in a prime area of the Upper West Side of Manhattan between Central Park West and Columbus Avenue. 

Located steps from Central Park and Lincoln Center, the building was designed by renowned architectural firm, Snøhetta, whose notable projects include the Norwegian National Opera and Ballet, and the San Francisco Museum of Modern Art expansion.

“We are pleased to work with Tennor on this premier project,” said Gary Barnett, Charmain and Founder of Extell Development Company.  “We believe the superb location, views, and design will make it one of the most desirable residential buildings in New York City and expect it to be a great success for both Extell and Tennor.”

50 West 66th Street’s design references the neighbourhood’s architectural character with a natural palette of limestone, bronze and glass. This new neighborhood landmark will feature 127 condominiums over 38 floors that will embrace the refinement of the Upper West Side while fusing a contemporary elegance. These luxury homes will offer The Extell Choice of the finest layouts, finishes and breathtaking views of Central Park and the New York skyline. An unrivalled amenity package will include an indoor pool, full basketball court, squash court and bowling alley. The 20th floor will be dedicated to additional resident amenities including a great room and business centre, as well as a beautiful landscaped terrace with an outdoor pool, spa and fire pit.

Lars Windhorst, Chairman of the Advisory Board of Tennor Holding B.V. added: “Despite the current challenging environment, Tennor has a long-term belief in New York’s global importance and is undertaking a material investment in the City to support local jobs, tax revenues and communities.  As well, we are excited to invest and partner with Extell in this premier development.  Extell has an extensive track record across New York residential projects which includes: One57 - the record-breaking glass tower, Central Park Tower, Hyatt Times Square and Hudson Yard’s 555TEN to name a few.” 

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