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Deals & Dealmakers

Extell names a new president and CEO

Extell Development Company announced that Sush Torgalkar has been named as the company’s President and CEO.

Gary Barnett, owner and founder of Extell, will serve as Chairman and work closely with Torgalkar.

Torgalkar has been tasked with growing the business and overseeing the company’s entire portfolio.

Extell is one of Manhattan’s most active developers and has owned and developed a portfolio in excess of 20 million square feet and 35 developments.

“I met Sush over 13 years ago when we partnered with Westbrook Partners on two Upper East Side projects – 995 Fifth Avenue and The Lucida,” said Barnett.

“He has proven himself to be a leader with strong relationships in the capital markets and a keen understanding of the real estate industry. As one of the most active developers in New York City, we are confident he will bring his outstanding experience to Extell.”

Prior to joining Extell, Torgalkar served as COO and Managing Principal of Westbrook Partners, a privately held real estate investment firm. Torgalkar brings approximately 20 years of industry experience to Extell, with success and involvement in all aspects of the real estate business.

“I am honored and energized to be joining Extell and working alongside Gary and the entire team. Gary has been a mentor to me since we first met,” said Torgalkar. “I am grateful for the opportunity and experience I received at Westbrook which prepared me for this next journey at Extell.”

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