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Old Posted Dec 30, 2008, 12:17 PM
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http://www.nypost.com/seven/12302008/business/filling_in_the_blanks_146436.htm



December 30, 2008

* EXTELL'S ABYSS: Gary Barnett's company has more than one empty pit to ponder. But most visible is the one on West 57th Street across from Carnegie Hall.

Although Extell faces a challenge getting a construction loan, it seems determined to build, and recently filed with the Buildings Dept. to do exploratory excavation.

The project, according to a Kentucky-based securities firm hired by Extell, is to be an 882,000 square-foot tower rising to 1,000 feet and anchored by a Park Hyatt Hotel.

Not surprisingly, the description was yanked from Aegis Security Design's Web site as soon as we wrote about it.

But let's hope the plans stand - and that they get done.
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