Developer Douglas Shorenstein, whose San Francisco-based real estate firm has a significant foothold in New York City, died Tuesday at age 60 after battling cancer.
Shorenstein oversaw a portfolio of more than 24.8 million square feet of real estate nationwide. In New York, Shorenstein Properties controlled office properties such as 1407 Broadway, 477 Madison Avenue and 850 Third Avenue.
“As many of you know, Doug had been ill for some time, and he fought a courageous battle with his illness,” his family said in a statement. “Through it all, he maintained a positive and hopeful outlook, and he remained steadfastly focused on serving his family, his colleagues and his community. We miss him dearly already.” [more]