Larry Silverstein talks conversions, casinos and his new lease on life

At 92 years old, Larry Silverstein isn’t shy to admit he’s no spring chicken.

“I’m an old fogey, as is my wife,” Silverstein told The Real Deal’s “Deconstruct” podcast. 

But in his golden years, the founder of Silverstein Properties continues to break new ground.

Silverstein, along with Metro Loft’s Nathan Berman, are behind one of the largest office-to-residential conversions in New York’s history at 55 Broad Street. This summer, he crashed the city’s casino race, tossing in an eleventh hour bid for a West Side project.

Both new ventures come on the heels of a major move for the developer. In 2018, Silverstein and his wife Klara ditched their Park Avenue home of 33 years for a penthouse at Silverstein Properties’ 30 Park Place in Lower Manhattan. 

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The shake up, Silverstein says, was revolutionary.

“It’s given us a a new lease on life, if you will, being with all these young people, having their perspective, their focus,” Silverstein said. “I recommend that to all old folks.”

Catch the full conversation, including the opportunities Silverstein sees in a shaky market, on the Season 3 premiere of Deconstruct, streaming on Apple, Spotify, Stitcher, Pandora and TheRealDeal.com.