The Closing: Robert Lapidus on summering with Jay-Z and growing up a “wise-ass”

From the September issue: Robert Lapidus is the president and chief investment officer of L&L Holdings, the company he co-founded with David Levinson in 2000. L&L owns numerous trophy properties, such as the 76-story Metropolitan Tower at 142 West 57th Street and 150 Fifth Avenue, a 200,000-square-foot office and retail building. L&L is also developing a 650,000-square-foot office tower at 425 Park Avenue. The company paid $140 million in July to buy a 90 percent stake in the property from Lehman Brothers Holdings. An attorney by training, Lapidus attended the University of Pennsylvania and Benjamin N. Cardozo School of Law. [more]