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.


11/14/17
...litigation, Stephen Meister has represented the likes of Harry Macklowe, Donald Trump, Joseph Moinian, Larry Gluck and other heavy Manhattan real estate hitters. But...

11/09/17
...added nearly 20,000 new units to its portfolio, including Harry Macklowe’s 432 Park Avenue condo supertall. Meanwhile, the firm has acquired two other companies in...

11/03/17
...for $4.4 million. The listing broker refused to comment. Harry Macklowe’s conversion at 737 Park Avenue has one sponsor unit left, and a resale there...

11/02/17
...for the hotel in 2013. Along with minority investors Harry Macklowe and Howard Lorber, they planned to turn the 605-key hotel at 36 Central Park South...

11/02/17
...Linda Macklowe, Peter Bronstein, Justice Laura Drager and Harry Macklowe (Illustration by Christine Cornell) From the November issue: Just after 5 p.m. on a...

11/01/17
...as a big-time player (he’d also be Harry Macklowe’s landlord). Finally, something new and something old in this issue. We take a...

11/01/17
...Last month, developer Harry Macklowe took the stand at his divorce trial. His wife of 58 years, Linda, did not...

10/31/17
...judge has ruled. The estranged wife of developer Harry Macklowe filed a lawsuit earlier this month claiming the developer was forcing her to close...

10/30/17
...From left: 737 Park Avenue, Harry Macklowe, Seth Meyers and 302 West 12th Street Macklowe Properties’ 737 Park Avenue recorded the priciest luxury...

10/30/17
...alacrity.” Case in point: After losing out to Harry Macklowe in a 2003 bid to buy the General Motors Building — and ultimately dropping a lawsuit...

10/20/17
...Harry Macklowe and the GM Building (Credit: Emily Assiran and Macklowe Properties) After he lost the...

10/19/17
...a couple married for 57 years. But Linda and Harry Macklowe discovered one on Thursday, as the developer took the stand in their $2 billion divorce...

10/04/17
...the retail space for $260 million. A year later, Harry Macklowe paid the Blackstone Group $830 million for the office portion of the property. Macklowe lost...

10/02/17
...dirty,” argued Adam Leitman Bailey, an attorney for Harry Macklowe’s estranged wife, who said the closing should be delayed until the former couple...

10/02/17
...blockbuster trials is unfolding right now, with developer Harry Macklowe battling his wife, Linda, over a $2 billion fortune. Lots of dirty laundry is being...

09/28/17
...Linda and Harry Macklowe and the Plaza Hotel Linda Macklowe’s luxe condominium at the Plaza Hotel is...

09/28/17
...Park Avenue, Linda and Harry Macklowe (Credit: Emily Assiran) Linda Macklowe’s attorneys are asking a judge to issue a...

09/27/17
...using images from Emily Assiran and Andy Warhol Harry Macklowe was in a fist-bumping kind of mood. As the hours dragged by on Wednesday...

09/26/17
...Park Avenue, Linda and Harry Macklowe (Credit: DBOX and Getty Images) UPDATED, 6:55 p.m., Sept. 26: In the middle of their...

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...
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
  • 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 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
  • 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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