The Real Deal New York

Solow seeks info on Macklowe’s loans

October 31, 2007 02:24PM

Last year, developer Sheldon Solow sued Conseco Inc., claiming that it fraudulently sold 767 Fifth Avenue, the General Motors building, to developer Harry Macklowe. Now Solow’s lawyers have issued a subpoena that would require Macklowe’s lenders, Fortress Investment Group and Deutsche Bank, to reveal documents concerning their $1.2 billion in loans to Macklowe, who used 767 Fifth Avenue as collateral.

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