Real estate execs ranked amongst highest paid

alternate textMarc Holliday (left) and Frits Van Paasschen (right) made Crain’s list of 2008’s highest paid executives

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Several real estate executives made Crain’s New York Business’ list of the city’s 100 highest paid CEOs in 2008. Marc Holliday, chief executive of SL Green Realty, made $9,101,000 in 2008, putting him in 42nd place on the list. Jay Sugarman of iStar Financial ranked 75th on the list with a 2008 salary of $5,582,000. Frits Van Paasschen of Starwood Hotels & Resorts Worldwide ranked 86th with a salary of $4,809,000. The highest paid executive, Peter Kraus of AllianceBernstein Holding,
is not in real estate. He earned a salary of $52,538,400 in 2008.