NYC's luxury-condo king shifts gears in bid for Asian buyers

New York

GARY Barnett, the developer who sold New York's most expensive apartment, is marketing his newest and largest Manhattan condo project to Asian buyers first - with prices well below those at his Billionaires' Row towers.

Mr Barnett's Extell Development Co will start sales of the more than 800 condominiums at his Lower East Side property exclusively overseas, including in China, Malaysia and Singapore, he said in an interview. Apartments at the 80-storey tower, called One Manhattan Square, won't be for sale in the US until early next year.