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 Crain’s. The proposed building would stand 355 feet tall and cover 231,000 square feet, with 58 residential units and retail space on the ground floor. Earlier this year, Extell filed to demolish the existing 14-story structure currently on the site.
The filings also indicate that the entire lot could eventually include a total of 158 residential units, which suggests that additional construction is planned for the location.
Extell did not provide comment in response to inquiries from reporters.
The development firm acquired the campus from Silverstein Properties for $930 million. Guggenheim Partners and Aquarian Holdings contributed at least $900 million in financing for this acquisition.
Late last year, Extell filed plans for other projects nearby. At 30 West 67th Street, they proposed a nine-story residential building measuring 90 feet in height and covering 76,000 square feet. This property would contain 50 units, including some designated as low-income housing. Another filing at 7 West 66th Street details a seven-story building at 90 feet tall and totaling 44,000 square feet; it would have 31 units with some set aside as low-income housing as well. For this project, Extell intends to convert an existing office building.
Barnett is also pursuing approval for a controversial supertall tower—planned to reach approximately 1,200 feet—on Columbus Avenue between 66th and 67th streets. If built, it would be much taller than neighboring buildings such as Extell’s own ongoing condo tower across the street, which will rise to about 775 feet.
In addition to these developments on the Upper West Side, Barnett was recently identified as holding mezzanine debt on Worldwide Plaza in Midtown West. That property is scheduled for a UCC foreclosure auction in two months.
