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.
|Here’s what the $10M-$20M investment-sales market looked like last week|
|Ben Shaoul sells Liberty Toye building to Bronx investor for $85M|
|Vornado is buying Marriott Marquis retail for $442M|
|Jonas Equities buys another Brooklyn apartment building for $32M|
|“At best it’s sloppiness”: Torres proposes bill to crackdown on landlords who don’t disclose rent-stabilized tenants on permits|
|Benny Fong buys Down Town Association digs in sale-leaseback deal|
|Commercial broker games: How “tie-ins” became commonplace in the CRE industry|