search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aCharles Cohen’s 750 Lex value slashed by 83%, foreclosure loomsCharles Cohen’s 750 Lex value slashed by 83%, foreclosure loomsMeridian’s Ralph Herzka gives rallying call, despite strugglesMeridian’s Ralph Herzka gives rallying call, despite strugglesOffice upgrades, concessions to lure tenants add “killer” cost: Steven RothOffice upgrades, concessions to lure tenants add “killer” cost: Steven Roth
South Florida

Levitt exec earns $1.47 million

Sign Up for the undefined Newsletter

The housing slump has hit many developers in the wallet, but not Pete
Hegener. the president of Core Communities. He earned $1.47 million in
2007, making him the highest-paid executive. He received a performance
bonus of $650,000 for his work in developing the communities Tradition
Florida in Port St. Lucie and Tradition South Carolina near Hilton
Head, vaulting him well ahead of Levitt CEO Alan Levan, who earned
$781,000.