Gary Barnett, whose firm Extell Development is the company behind the most talked about condominium project in recent times, One57, is so busy selling units at his famed building that he’s liquidating his interest in other assets. Extell is selling its interest in a prospective hotel development site at 30 West 46th Street to Cambria Suites, an offshoot of the Choice Hotels brand that had contributed equity to the project, sources told The Real Deal. [more]
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