Rumors are swirling that Kent Swig and Liz Macklowe’s decades-long romance may be over. Both Swig, who comes from a famed San Francisco real estate family, and Macklowe, the daughter of billionaire developer Harry Macklowe, married in 1987, had always been real estate royalty. But Swig’s financial woes put a strain on the marriage, friends of the couple told the Post. Swig, whose Sheffield57 condo-conversion was sold in a fire sale and who has faced a string of lawsuits from lenders, is reportedly moving out of the 740 Park Avenue duplex he shares with Macklowe and their children, and looking for a new bachelor pad. Swig’s trouble began when lender Lehman Brothers collapsed, and last September, he came close to filing for personal bankruptcy with $32.4 million in loans that he couldn’t cover. [Post]
Kent Swig and Liz Macklowe calling it quits?
March 01, 2010 08:47AM