The Real Deal New York

With Bowlmor, Billy Macklowe inches into his father’s turf

Plan to convert iconic bowling alley marks first residential project for son of famed developer

February 18, 2014 12:48PM

From left: Harry and Billy Macklowe

From left: Harry and Billy Macklowe

Billy Macklowe is launching his first residential project after renovating office buildings for years, nudging into his father and real estate mogul Harry’s territory.

The fast-rising developer has largely set his sights on the commercial real estate market with his 4-year-old property investment firm, William Macklowe Company. But Macklowe now has plans to replace iconic bowling alley Bowlmor, located at 110 University Place in Greenwich Village, with a luxury condominium.

With both Macklowes in the residential market, it’s possible they could compete with each other, according to the Wall Street Journal.

“We could partner together, too,” the young Macklowe told the Journal. His father Harry is best known for building the tallest residential tower in the Western Hemisphere: 432 Park Avenue, which he once called the “culmination” of his career. His son’s projects have been smaller, including the of 386 Park Avenue South — but he’s in no rush for bigger deals, he told the Journal. [WSJ] – Angela Hunt

One Response to “With Bowlmor, Billy Macklowe inches into his father’s turf”

  1. February 18, 2014 at 2:06 pm, HughGass said:

    “His father Harry is best known for building the tallest residential tower in the Western Hemisphere”
    I think he’s best known for losing billions of dollars this past cycle and demolishing an SRO in the middle of the night.

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