From the October issue: Billy Macklowe, 48, the founder and CEO of William Macklowe Company, has finally made his own mark on the condo business after leaving his father Harry’s company and launching his investment firm in 2010. He and his associates are now finishing construction on a new 52-unit condo tower — at the former site of Bowlmor Lanes at 21 East 12th Street — which is almost 40 percent sold after three months on the market.
His firm’s office portfolio includes 156 William Street in the Financial District, where he recently inked a 55,000-square-foot lease deal with Weill Cornell Medical College, and 636 Avenue of the Americas. Macklowe has participated in more than $15 billion in real estate deals since he entered the business in the early 1990s, he said. His corner office, on the 28th floor of 126 East 56th Street, is filled with trinkets from his days working at Macklowe Properties with his father, as well as his more recent solo pursuits. [more]