From the October issue: Stupid, stupid, stupid cheap.” That’s how low prices have to fall before the commercial real estate market hits bottom, Steven Roth, the chairman of Vornado Realty Trust, predicted earlier this year. In a letter to shareholders in April, the square-jawed mogul confided, “I think we are now at the third and last stupid. Not that he’s buying yet. But in recent months, the 67-year-old real estate titan, along with CEO Michael Fascitelli, the other half of the so-called “Vornado Tornado,” has been building a war chest to go shopping. And when Vornado gets ready to shop, there’s good reason to pay attention. [more]

From the October issue: Stupid, stupid, stupid cheap.” That’s how low prices have to fall before the commercial real estate market hits bottom, Steven Roth, the chairman of Vornado Realty Trust, predicted earlier this year. In a letter to shareholders in April, the square-jawed mogul confided, “I think we are now at the third and last stupid. Not that he’s buying yet. But in recent months, the 67-year-old real estate titan, along with CEO Michael Fascitelli, the other half of the so-called “Vornado Tornado,” has been building a war chest to go shopping. And when Vornado gets ready to shop, there’s good reason to pay attention.

From the July issue: Sandy Lindenbaum is counsel at Kramer Levin Naftalis & Frankel, is one of the city’s most high-profile land-use attorneys. His clients have included Carnegie Hall, Weill Cornell Medical College and the Macklowe, Silverstein and Solow organizations. He’s currently working on the expansion of the Museum of Modern Art. Lindenbaum spoke to The Real Deal about having “literally met my wife in my bed,” working with the biggest names in real estate and his knack for identifying every building in the city.