The Real Deal New York

Posts Tagged ‘Harry Macklowe’

  • Harry Macklowe, surrounded by his empire

    Harry Macklowe, surrounded by his empire

    Harry Macklowe, the developer of 432 Park Avenue, has always been an outsized risk-taker. Today, he’s at the top of his game, but in 2007, he was at the cusp of losing a large chunk of his empire, including his prized GM Building. The Real Deal wrote a profile of him at the time. Check out the full story here.

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  • From left: Harry Macklowe and 1 Wall Street

    From left: Harry Macklowe and 1 Wall Street

    Harry Macklowe is converting an iconic, 50-story Financial District tower into a residential building with a retail component. [more]

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  • From left: Harry Macklowe, 985-989 Third Avenue and renderings for the development site

    From left: Harry Macklowe, 985-989 Third Avenue and renderings for the development site

    Macklowe Properties has filed demolition plans for the Upper East Side development site it snapped up for $100 million in August.

    The plans call for demolishing three buildings 985-989 Third Avenue, including a three-story and two four-story structures, according to filings submitted Thursday to the city’s Department of Buildings. [more]

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  • The Dior store on 57th Street

    The Dior store on 57th Street

    Retail rents along 57th Street surged over the last six months as millionaires and billionaires closed on pricey condominium units at 432 Park Avenue and developers moved forward with other pricey towers. In addition, space on Broadway near the World Trade Center rose sharply, information from a new report from the trade group the Real Estate Board of New York shows. [more]

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  • The rise of 432 Park: INTERACTIVE

    October 28, 2014 10:00AM
    432 Park Avenue

    A rendering of 432 Park Avenue. (Credit: Streeteasy)

    A 17-year-old daredevil snapped photos from atop it. Its penthouse asked $95 million — and sold successfully. Developer Harry Macklowe even compared it to the Mona Lisa. There’s been no shortage of attention for 432 Park Avenue, the 1,396-foot building which recently became the tallest residential building in the Western Hemisphere. The Real Deal collected some of the top tweets, photos, videos and stories that have surfaced about the megatower in recent months. For more, click here.

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  • Trump blasts book about GM Building deal

    October 17, 2014 04:05PM
    From left: Vicky Ward, Liar's Ball cover and Donald Trump

    From left: Vicky Ward, Liar’s Ball cover and Donald Trump

    The Donald is not happy with Vanity Fair reporter Vicky Ward’s new book. [more]

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  • The view from the top of 432 Park: VIDEO

    October 14, 2014 05:50PM
    432 Park Avenue

    432 Park Avenue

    So you may never know what it feels like to live atop the tallest building in the Western Hemisphere, but a video is the second best thing, right? Click here for a better view from Harry Macklowe’s 432 Park, the 96-story megatower making headlines and breaking records.

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  • 20140930_witkoff_park_lane

    From left: Park Lane Hotel and Steve Witkoff

    A small group is looking to secure landmark status for the Park Lane Hotel at 36 Central Park South, and some insiders see the hand of a special interest guiding the effort.

    People with knowledge of the campaign told the New York Times the landmark backers are likely acting on behalf of someone who doesn’t want to see a new 850-foot tower move forward, such as a rival developer or wealthy condo owner in a nearby home. The property – the last jewel in Leona Helmsley’s massive estate crown – sold to a partnership that included developers Harry Macklowe and Steve Witkoff for $660 million. [more]

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  • From left: Harry Macklowe, Bob Knakal and 985-989 Third Avenue

    From left: Harry Macklowe, Bob Knakal and 985-989 Third Avenue

    Macklowe Properties officially closed on a $100 million transaction for three properties on the Upper East Side, according to city records. [more]

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  • From left: Harry Macklowe, Eliot Rabin and Aby Rosen

    From left: Harry Macklowe, Eliot Rabin and Aby Rosen

    Harry Macklowe and his former tenant Eliot Rabin — owner of men’s and women’s clothing brand Peter Elliot — will be seeing each other in court. [more]

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  • 432-park-final

    432 Park Avenue and Harry Macklowe

    Macklowe Properties, along with an unidentified foreign equity partner, is buying the retail space at the super-luxury 432 Park Avenue condominium tower for approximately $450 million from CIM Group, several industry sources told The Real Deal.

    While Macklowe, led by chairman Harry Macklowe, is widely described as the co-developer with CIM Group of 432 Park, his ownership stake has always been unclear. [more]

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  • From left: Bank of New York Mellon's headquarters and Harry Macklowe

    From left: Bank of New York Mellon’s headquarters and Harry Macklowe

    Bank of New York Mellon is selling its headquarters at 1 Wall Street for between $500 million and $600 million to a venture lead by investor Harry Macklowe. [more]

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  • macklowe

    Harry Macklowe and 985-989 Third Avenue

    Developer Harry Macklowe is in contract to purchase a nearly 90,000-buildable-square-foot development site on the southeast corner of East 59th Street and Third Avenue from SL Green and Emmes Asset Management for $100 million.

    If the deal closes, the price would equate to $1,118 per square foot. SL Green began looking to sell the three-building site at 985-89 Third Avenue earlier this month, enlisting Bob Knakal and Clint Olsen of Massey Knakal Realty Services to market it, as The Real Deal reported. [more]

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  • From left: 510 and 627 Madison avenues

    From left: 510 and 667 Madison avenues

    Boutique commercial towers in the tony Plaza District are reportedly attracting a slew of small financial outfits, despite high office rents there. [more]

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  • Harry Macklowe and 737 Park Avenue

    Lawyers for Harry Macklowe are scheduled on March 11 to go up against a Manhattan-based plastic surgeon in what may be the final chapter of a legal dispute involving 737 Park Avenue, the billionaire legal developer’s controversial new condo conversion.

    Macklowe’s lawyers are set to face off in court against Dr. Robert Jetter, who is facing eviction from 737 Park after he took Macklowe to court in 2012 for allegedly damaging his medical offices amid major renovations at the luxury residential tower. [more]

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  • Elliman to add sales firepower to 432 Park

    February 12, 2014 03:10PM
    From left: Susan de Franca, a rendering of 432 Park Avenue (Credit: DBOX for CIM Group & Macklowe Properties) and Harry Macklowe

    From left: Susan de Franca, a rendering of 432 Park Avenue (Credit: DBOX for CIM Group & Macklowe Properties) and Harry Macklowe

    Macklowe Properties and CIM Group have officially brought Douglas Elliman Development Marketing on board to help with sales and marketing efforts at 432 Park Avenue. Elliman has been serving as a consultant on the luxury condominium project right from the outset, but will now be its co-exclusive sales agent, a spokesperson for 432 Park told The Real Deal exclusively. [more]

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  • From left: Corcoran CEO Pamela Liebman, 737 Park Avenue and Harry Macklowe

    From left: Corcoran’s Pamela Liebman, 737 Park Avenue and Harry Macklowe

    The Corcoran Group has been brought online as the sales agent for Harry Mackowe’s condominium coversion building at 737 Park Avenue. [more]

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  • 69365_macklowe_737.jpg

    Harry Macklowe and 737 Park Avenue

    Developer Harry Macklowe is dragging Arlene Katz, a tenant at 737 Park Avenue, into court to force her to allow contractors to upgrade her apartment. Katz is a member of the family that previously owned the luxury condo conversion building.

    The developer, in a suit filed Jan. 14 in Manhattan Supreme Court, claims that Katz, a tenant in a 19th-floor apartment, has refused to let the landlord replace windows and risers, despite a pledge to put her up at a hotel and protect her against a rent hike. [more]

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  • From left: 737 Park Avenue, a penthouse bathroom in 737 Park and 150 East 72nd Street

    From left: 737 Park Avenue, a penthouse bathroom in 737 Park and 150 East 72nd Street

    WEEKENDEDITION The latest luxury living trend is in a place your guests may never see: the master suite bathroom. More than ever, luxury bathrooms, especially the his-and-her variety, are what’s selling high-end homes. [more]

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  • Real estate’s biggest feuds

    December 05, 2013 10:30AM
    From left: Henry, Thomas and Frederick Elghanayan

    From left: Henry, Thomas and Frederick Elghanayan

    From the November issue: Earlier this year, the Feil Organization, one of the oldest family-owned real estate firms in the city, made headlines when a feud blew up between its siblings over the company’s $7 billion portfolio. [more]

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