The Real Deal New York

Following the Mackowes’ sale of the General Motors Building in a deal valued between $2.7 and $2.9 billion over the weekend, the Wall Street Journal reports that William Macklowe will push aside his father Harry and take over the family’s real estate empire. William Macklowe has reportedly clashed with Harry as the two tried to save their firm from ruin in recent months. The son is trying to distinguish himself from his father’s no-holds-barred approach. “There’s a different way of business going forward,” he said.