The Real Deal New York

From the archives: Is Howard Michaels the toughest boss in real estate?

The hard-driving commercial finance middleman has already done $5 billion in deals this year, but has a reputation as the 'Ari Gold' of the business

July 23, 2016 01:00PM
By Candace Taylor

Howard Michaels in his office at 560 Lexington Avenue last month.

Howard Michaels in his office at 560 Lexington Avenue last month.

Thirty-four years ago, Howard Michaels was knocking on doors in the 2.3 million-square-foot Starrett-Lehigh office building, hawking copy machines for the 3M Company.

“I was making bupkis,” Michaels recalled.

Those days are undoubtedly over. In 2004, he arranged a $219 million recapitalization of that same building, earning a seven-figure commission for his company, a real estate investment advisory firm known as the Carlton Group. Read the full story from the October 2011 issue here.

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