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Topic: Harry Macklowe

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Harry and William Macklowe officially split

NEW YORK (Reuters) - New York developer Harry Macklowe, who rolled the dice during the commercial property boom and lost the General Motors Building, officially split with his son, who has launched William Macklowe Co.William Macklowe, 42, took with him a team ...

Reuters US Online Report Domestic News |

Judge dismisses lawsuit over GM Building in NY

NEW YORK (Reuters) - A U.S. judge dismissed a lawsuit against Conseco Inc insurance and finance company over allegations of fraud in the $1.4 billion sale at auction in 2003 of the General Motors Building in New York.The lawsuit was ...

Reuters US Online Report Domestic News |

Macklowe Further Consolidates Control Over Drake Hotel Site

A Macklowe Properties-affiliated company has paid $5.35 million to buy out a lease at 38 East 57th Street, further consolidating control over the site where the family-owned firm has long planned to build some sort of hotel and condo project.According ...

The New York Observer |

Some Good News! George Comfort Zeroes In on Remaining Macklowe Towers

The aptly named George Comfort & Sons is close to buying the two remaining trophy towers that Deutsche Bank put on the block earlier this year after taking them back from distressed borrower Harry Macklowe, according to sources familiar with negotiations. Word has ...

The New York Observer |

Chicago Firm to Buy Macklowe’s Old Tower 56 for $160 M.

The buzzards are taking their time picking apart the seven-limbed body of midtown buildings that Harry Macklowe snatched to great acclaim in 2007.A source has confirmed that Somerset Partners, the outfit that last year bought 450 Park Avenue from Taconic Investment ...

The New York Observer |