Real Estate and Politics

Leonard Litwin, Tied to Speaker’s Arrest, on City’s DNC Host Committee

The Barclays Center is the hopeful home of the 2016 Democratic National Convention. (Photo: NYC Mayor’s Office)

Leonard Litwin, whose company Glenwood Management is believed to be the unnamed developer in the complaint against Assembly Speaker Sheldon Silver, was on a list Mayor Bill de Blasio released today of members of his host committee seeking to bring the 2016 Democratic National Convention to New York City.

The 100-year-old Mr. Litwin—known for his massive donations to Mr. de Blasio and Gov. Andrew Cuomo, among many others—is one of 119 committee members hailing from the upper echelons of the worlds of finance, real estate, organized labor and politics. Last week, Crain’s New York Business noted that Glenwood Management, a luxury real estate firm, fits the description of “Developer 1″ in U.S. Attorney Preet Bharara‘s corruption complaint against Mr. Silver. Read More

CMBS

CBRE Debt and Equity Team Talks Trends

Messrs. Fisher and Braddish.

For CBRE’s Keith Braddish and Mark Fisher—the two elder statesmen in the firm’s capital markets debt and equity finance division—the more fractured lending environment that has arisen out of the collapse of the CMBS market and the concurrent economic malaise has meant the opportunity to dazzle and shine. Read More