Extell Continues to Flood Development Pipeline, Filing Plans for Yet Another Hotel

Extell Development chief Gary Barnett continues to pump projects into the development pipeline, economic concerns apparently no more than a vague nagging feeling at the back of his mind.

On June 26, Extell filed plans to build a 24-story, 175-unit hotel at 30 West 46th Street, just a block over from Mr. Barnett's controversial $750 million Gem Tower at 50 West 47th Street, on which he began construction in May.

Mr. Barnett, himself a former...

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