Search Results for: harry macklowe

6/24/11 8:42am

On the Market: Banks Eat the Upper West Side; Harry Macklowe Gets His Building

Union Square residents worry that a new public school would harm “quality of life” by adding to crowds. [DNAinfo]

Hamptons retailers pack it up after the summer months when most of their business leaves town. [NY Times]

President Obama’s fundraising trip has low donor turnout. [NY Post]

Development site at Sixth Street and Fourth Avenue sells for $6.5 million, building to be designed by Enrique Norton. [Brownstoner]

Foreclosures and bankruptcy spell end for Upper West Side’s H&H Bagels. [Journal]

And as the Upper West Side loses a bit of its popular charm, residents complain that big banks are stripping the neighborhood of its character. [DNAinfo] Read More

By Laura Kusisto 6/07/11 8:46pm

Mack is Back

Harry Macklowe at 737 Park Avenue: So Close, Yet So Far

With the deadline approaching for Harry Macklowe to seal the deal at 737 Park Avenue, he is so close, yet so far from securing the equity he needs.

Mr. Macklowe has hired the Carlton Group’s Howard Michaels to help him search for another partner for the deal (Mr. Michaels told The Observer a couple of Read More

By Matt Chaban 3/08/11 1:51pm

Elsewhere

On the Market: Discriminating Apartments; Harry Macklowe’s Latest Comeback; Charlie Sheen’s New Spread

Port passes on plan for restaurant atop 1 WTC [Post]

Commercial property back–we’ve heard that one before, right? [Journal]

But in Manhattan, it’s the real deal, swear [Journal]

The Dakota’s not the only building with a discrimination problem [Times]

Don’t nag your co-op board [Brick Underground]

Harry Macklowe rises again. Read More

By Dana Rubinstein 8:08pm

Harry Macklowe Tells a Joke, Part II

And he does it again.

Back in July, developer Harry Macklowe made his debut on the very small screen, telling a knee-slapper of a joke for the ever-amusing Web site, OldJewsTellingJokes.com.

Now he’s done it again. Or, more precisely, the Web site, whose makers taped Mr. Macklowe telling multiple jokes a while Read More

8/03/11 11:39am

Lease Beat

Billy Macklowe's first big purchase without his father.

Billy Macklowe Turns 636 Avenue of the Americas Into the SecondMarket Building

Billy Macklowe has filled up the first building he bought without dad Harry.

Investment vehicle SecondMarket Holdings has taken about 50,000 square feet in floors three through six of 636 Avenue of the Americas in the flatiron. Read More

By Laura Kusisto 6/02/11 2:47pm

From the Finance File

Billy Macklowe Grabs $25 M. Mortgage at 636 Sixth

The banks have welcomed Billy Macklowe back with open arms.

Mr. Macklowe has secured a $25 million mortgage at 636 Sixth Avenue, which he picked up for $45.2 million a few months ago. The lender was Capital One National Association.

When Mr. Macklowe bought the building with ING Clarion in January, he told Read More

By Matt Chaban 5/23/11 3:48pm

Love the Drake!

Macklowe Speaks! Drake Will Be ‘a Capstone’

It has been arguably the most watched development site in the city for the past few years, and all the moreso now as Harry Macklowe and his new partners at CIM prepare to build something on the former site of the Drake Hotel. Even though both developers eschew press, details have dribbled out Read More

By Matt Chaban 5/06/11 12:41pm

Elsewhere

On the Market: Aniston Flipping L.A. Home for $42 M.; Macklowe Grabs 737 Park; LinkedIn Inks ESB Floor

City gets much-needed Willets Point approval [Crain's]

Mariah Carey names her baby after a room in her New York home… [Curbed]

Straphangers say subways are dirtier, MTA disputes [WNYC]

Moving to New York, Jennifer Anniston wants $26 million more than she paid in 2006 [CNN]

More vivid testimony from the Deutsche Read More

By Laura Kusisto 5/04/11 5:54pm

Love the Drake!

65 Stories of Armani Glory: Inside Macklowe’s Old Drake Dreams

Our invitation to 10-story hotel and 33 floors of residential above that. We reached out to the creators, ubiquitous architects-of-record SLCE, but received no comment.

This offers a snatch of that far-off era called Early 2008, when ambitions for the site were at their most staggering. These drawings, according to a source knowledgeable with Read More

By Laura Kusisto 2/17/11 4:00pm

Lease Beat

Billy Macklowe’s 400 Mad Scores Six Small Victories

William Macklowe once won and lost big in a high-stakes real estate game, but his new firm is scoring more modest victories.

Four-hundred Madison Avenue was one of dad Harry Macklowe’s long-time holdings and one of two Billy held onto when the empire the two ran fell apart. Now the son has inked Read More

By Matt Chaban 1/10/11 2:43pm

Machers

Billy Macklowe Makes His First Buy Without Dad

Back in the fall, The Observer profiled development scion William Macklowe as he stepped out on his own. His father, Harry, along with Billy, had lost much of the Macklowe empire in the bursting of the real estate bubble, and parting ways seemed best. He launched the William Macklowe Company last year. “So much Read More

By Laura Kusisto 11/22/10 10:41pm

Lease Beat

Good News for the Fellas? Harry Winston Expands HQ

1330 Sixth Avenue

With the holidays coming, the twinkle in many a young woman’s eye will soon be on her finger. Just in time, Harry Winston has doubled its corporate headquarters in the Pearson Building.

The jeweler has been nestled at 1330 Sixth Avenue since 2004, but now it will occupy 20,800 square Read More

By Laura Kusisto 11/16/10 10:01pm

Lease Beat

First Glimmer of Hope at Macklowe’s Old 510 Madison

510 Madison Avenue
Finally, the pitter patter of feet at 510 Madison Avenue won’t just be coming from the contractors.

Senator Investment Group has signed an 11-year lease for 11,500 square feet, a source familiar with the deal told The Observer. The hedge funders will take the entire 28th floor of the 30-story building, which otherwise sits Read More

By The Editors 10/06/10 3:53pm

Fashion Statements

Report: Julie Macklowe to Launch ‘Fashion-Related’ Company

Julie Macklowe, fashion maven, hedge fund manager, and wife of real estate macher Billy Macklowe, is finally following her passion.

Trade mag Hedge Fund Alert reports that Ms. Macklowe (profiled by Irina Aleksander in the Observer last year) is ditching the hedge fund business for fashion: “Specifically, she plans to start a fashion-related Read More

By Dana Rubinstein 7/26/10 4:44pm

Commercial Breaks

Billy Macklowe Officially Parts Ways with Dad, Starts Own Company

Billy Macklowe, the son of real estate great Harry Macklowe—who, in one of the boom’s great gambles, famously bought a $7 billion office portfolio only to have to give much of it back to the bank in the throes of the recession, and to sell the GM Building to boot—has officially left his dad’s company to form Read More

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