The Real Deal New York

From the June issue: R. Donahue Peebles has made a career of bringing New York influences to his properties in other parts of the country, most notably South Florida, where the majority of his office buildings, luxury hotels and high-end condos are located. But now, after two decades of exporting the New York vibe elsewhere, he’s feeling out the market for his first New York City project. On a sunny Monday last month, Peebles, who goes by Don, met with several potential investors in New York from the real estate division of JPMorgan Chase, toured a potentially developable 160,000-square-foot, $300 million property in Midtown South and discussed plans for creating a New York-based private equity fund with a consultant over lunch at Cipriani.