The Real Deal New York

At the desk of: Robert Shapiro

The air rights and land assemblage guru talks about his restaurant venture, his Picasso art and C-47 planes
By Tom DiChristopher | August 26, 2014 10:00AM

From the August issue: Robert Shapiro is one of New York’s preeminent experts in the byzantine business of air rights and land assemblage. His firm, City Center Real Estate, a commercial brokerage founded in 1964, has been involved in the sale of more than 2 million square feet of tradable development rights valued at $500 million, much of it in the last decade. And with just one other associate, he does around 20 transactions valued at more than $5 million annually or, as he says, “probably equal to a 15-person organization.” [more]