Harry Macklowe | The Real Deal New York

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Harry Macklowe

Founder|Chairman
Macklowe Properties
767 Fifth Avenue
New York, NY 10153
(212) 265-5900
Website

Harry Macklowe is a veteran New York City real estate developer. He is the chairman of Macklowe Properties, a firm he founded in 1960.

His most recent projects include One Wall Street, 200 East 59th Street and the 432 Park Avenue luxury condo.

Macklowe is recognized as one of NYC's real estate biggest risk takers. In 2003, Macklowe paid $1.4 billion to buy the GM Building, a record-breaking purchase that was eclipsed a few years later by his $7 billion acquisition of seven Midtown office buildings. The latter investment went south in 2008, when Macklowe defaulted on a $5.8 billion loan associated with the deal, and lenders assumed control of the buildings.

Later that year, Macklowe was also forced to sell the GM Building and three other towers. In 2010, his son, Billy Macklowe, severed professional ties with him.

In 2017, Macklowe's wife of 58 years, Linda Macklowe, filed for divorce. Macklowe reportedly offered Linda $1 billion to walk away from the marriage.

Born in New Rochelle, N.Y., Macklowe attended the University of Alabama, New York University and the School of Visual Arts before dropping out to enter real estate.


09/18/17
...became a cautionary tale. Let’s start with Harry Macklowe. In April, while regaling reporters with jokes of the “take my wife - please...

09/14/17
...From left: 200 East 59th Street, 432 Park Avenue retail, Harry Macklowe and 1 Wall Street Mogul or frontman? It's notoriously difficult to tell with developers. Figuring...

09/14/17
...the firm, he was on the team handling Harry Macklowe’s $850 million loan for the condominium conversion of One Wall Street. One of Stolly...

09/13/17
...Harry Macklowe and 200 East 59th Street With a $2 billion fortune at stake, attorneys for Harry Macklowe...

09/11/17
...destroyed the apartment, prompting him to sue developer Harry Macklowe and CIM Group in February to get his $11 million deposit back. (credit: Sotheby's) Beckmann...

09/08/17
...One Wall Street and Harry Macklowe Harry Macklowe isn't going for ultra-luxury at his office-to-residential conversion at 1 Wall Street. But that doesn't...

09/08/17
...Harry Macklowe and his new house at 64 West End Road (credit: Getty and Douglas Elliman) From...

09/07/17
...From left: Yan Jiehe, Paul Manafort, Yulia Tymoshenko, Harry Macklowe, Fred Trump and Brad Zackson (Photo illustration by Lexi Pilgrim for The Real Deal...

09/06/17
...Harry Macklowe (Credit: Getty Images) Don't let the extravagant birthday cake and the yacht jaunts fool...

09/05/17
...and 150 East 45th Street Meyer Equities may have Harry Macklowe out of the way for now, but buying the Children’s Aid Society’s...

08/31/17
...From left: Patricia Landeau (credit: Instagram), Harry Macklowe and Linda Macklowe (credit: Getty Images) Harry Macklowe’s divorce is “not going to...

08/31/17
...Its most high-profile assignment was CIM Group and Harry Macklowe’s 432 Park Avenue. Elliman was followed by Stribling Marketing Associates at No. 3 (with $1.48 billion...

08/31/17
...From left: Yan Jiehe, Paul Manafort, Yulia Tymoshenko, Harry Macklowe, Fred Trump and Brad Zackson (Photo illustration by Lexi Pilgrim for The Real Deal...

08/29/17
...Brookfield’s Manhattan West, Empire State Realty Trust, Harry Macklowe’s One Wall Street and Michael Stern and Kevin Maloney’s 111 West 57th Street...

08/18/17
...the August issue: The breakup of Linda and Harry Macklowe after 58 years of marriage became quick tabloid fodder. With a vast real estate empire...

08/14/17
...in 2003, and Billy Macklowe split from his father Harry Macklowe...

08/03/17
...Jassim Bin Jaber al-Thani, is an investor in Harry Macklowe’s condo conversion project One Wall Street and the retail portion of 432 Park Avenue...

08/01/17
...Linda and Harry Macklowe (Credit: Getty Images) Harry and Linda Macklowe's big-money divorce will go to trial in...

07/26/17
...In April, the company scored a victory against Harry Macklowe when a New York State Supreme Court judge ruled that Macklowe had no power...

07/22/17
...even more of a jungle yesterday, when developer Harry Macklowe unleashed a fleet of giant fiberglass animals around the city in an effort to...

07/21/17
...in talks to lease a sizable space at Harry Macklowe’s One Wall Street office-to-residential condominium conversion, and in February was in talks with...

07/19/17
...their forebear: Lendlease. The company has worked on Harry Macklowe and CIM Group’s 432 Park Avenue, World Wide Group and Rose Associates' 252 East 57th...

07/17/17
...of 200 East 59th Street, the fiberglass animals and Harry Macklowe (Credit: Getty Images, DBOX and Studio AMD for Macklowe Properties) Six months after launching...

07/14/17
...RFR claimed Rabin failed to pay $118,000 in rent. Harry Macklowe, the building's former landlord, also sued Rubin in 2014, claiming he failed to pay more...

07/14/17
...s Central Park Tower project and $850 million to Harry Macklowe’s office-to-residential conversion at One Wall Street. RXR bought the leasehold for the property...
Macklowe Properties
767 Fifth Avenue, New York, NY, 212-554-5865
Richard Dubrow is used to wearing many hats. As director of marketing at...
Macklowe Properties
767 Fifth Avenue, New York, NY, 212-265-5900
Donato Settanni has worked on many high-profile construction projects. As project manager at...
Macklowe Properties, Vice President, Sales and Marketing
767 Fifth Avenue, New York, NY, 212-554-5816
Richard Wallgren is executive vice president of sales and marketing at Macklowe Properties,...
Macklowe Properties, General Counsel
767 Fifth Avenue, New York, NY, 212-554-5865
Robin Cass Kelly has been with Macklowe Properties since 1994, first as a...
Macklowe Properties
767 Fifth Avenue, New York, NY, 212-554-5865
As executive vice president of construction, Freed will handle much of the new...
Macklowe Properties, Vice President - Capital Markets and Acquisitions
767 Fifth Avenue, New York, NY, (212) 265-5900
Paul Anthony DiCarlo is vice president for capital markets & acquisitions at Macklowe...
Macklowe Properties, Vice President, Marketing
767 Fifth Avenue, New York, NY, 212-265-5900
When it comes to some of the most sought-after or recognizable properties in...
Macklowe Properties
767 Fifth Avenue, New York, NY, 212-265-5900
John Sjolund has a tall order, working for Macklowe Properties, as senior project...
Macklowe Properties, Real Estate Salesperson
126 East 56th Street, New York, NY, (212) 265-5900
...
Macklowe Properties, Limited Liability Broker
126 East 56th Street, New York, NY, (212) 265-5900
...
Macklowe Properties, Associate Broker
767 Fifth Avenue, 21st Floor, New York, NY, (212) 265-5900
...
Macklowe Properties, Associate Broker
767 Fifth Avenue, 21st Floor, New York, NY, (212) 265-5900
...
Macklowe Properties, Associate Broker
767 Fifth Avenue, 21st Floor, New York, NY, (212) 265-5900
...
Macklowe Properties, Limited Liability Broker
767 Fifth Avenue, 21st Floor, New York, NY, (212) 265-5900
...
Macklowe Properties, Real Estate Salesperson
767 Fifth Avenue, 21st Floor, New York, NY, (212) 265-5900
...
Macklowe Properties, Real Estate Salesperson
767 Fifth Avenue, 21st Floor, New York, NY, (212) 265-5900
...
Douglas Elliman, Real Estate Salesperson
712 Fifth Avenue, New York, NY, (212) 409-2800
...
Halstead Property, Associate Broker
408 Columbus Avenue, New York, NY, (212) 381-2344
...
  • Event Financing
  • Address 200 East 59th Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 2,625
  • Price $ 65,000,000
  • Publication Date 02/01/2017
  • Event Date 12/18/2016
  • Party 1 Harry Macklowe
  • Party 2 United Overseas Bank
notes
The Singaporean bank amended its existing loan for the development lot.
  • Event Sales
  • Address 737 Park Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Price $ 360,000,000
  • Publication Date 09/01/2011
  • Event Date 07/23/2011
  • Party 1 Katz family
  • Party 1 Brokerage JLL
  • Party 2 Harry Macklowe
  • Party 2 Brokerage The Carlton Group
notes
The rental building sold for $360 million. The price includes capitalization, financing and other related costs. CIM Group is believed to be an investment partner in the deal, the New York Post reported.
  • Event Sales
  • Address 150 East 72nd Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Price $ 70,000,000
notes
The rental building sold for $70 million.
  • Event Sales
  • Address 510 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 350,000
  • Price $ 280,500,000
  • Price per foot $ 801.43
notes
Boston Properties agreed to purchase the building for $280.5 million. As part of the agreement, Macklowe will serve as project consultant and co-chairman of the marketing and leasing advisory committee. CB Richard Ellis will continue to manage leasing at the property.
  • Event Financing
  • Address 510 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 350,000
notes
A $330 million construction loan was provided for the development. The financing paid off a $120 million predevelopment loan on the project, which had been in default since December 2007. Union Labor Life Insurance Company provided $267 million in primary financing, and Deutsche Bank provided a $63 million junior loan. 30-story office building.
  • Event Sales
  • Building Name GM Building
  • Address 767 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 2,000,000
  • Price $ 3,000,000,000
  • Price per foot $ 1,500.00
notes
Macklowe bought out the interest of his partner Jamestown for an undisclosed price, gaining sole ownership of the building for the first time. The building is now valued at approximately $3 billion.
  • Event Sales
  • Address 1330 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 522,000
  • Price $ 498,000,000
  • Price per foot $ 954.02
notes
Macklowe acquired the office tower for $498 million, or $954 per square foot. Reports indicate that as much as 40 percent of the property could hit the market this year for leasing.
  • Event Sales
  • Building Name Driveake Swissotel
  • Address 440 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Price $ 440,000,000
  • Publication Date 03/01/2006
  • Event Date 01/20/2006
  • Party 2 Harry Macklowe, Macklowe Organization
notes
The property, which includes air rights for a structure of nearly 70 stories, went into contract for approximately $440 million. It will be torn down to make room for luxury condos.
  • Event Retail Leasing
  • Building Name GM Building
  • Address 767 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 7,500
notes
Bank takes retail space on the Madison Avenue side of the building.

12/20/16
...UPDATED: Dec. 20, 6:35 p.m.: A decade after developer Harry Macklowe acquired the site for 432 Park Avenue, sales at the supertall condo tower dominated 2016’s...

11/04/15
...space included in qualifying residential filings, boosted by Harry Macklowe’s nearly 1 million-square-foot conversion plans for One Wall Street. Manhattan tied Queens for the...
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