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Face-to-Face with Harry Macklowe Part 1

In the first part of this series of interviews, EisnerAmper Real Estate Services Group Chair Ken Weissenberg speaks with Harry Macklowe, Chairman of Macklowe Properties about the development of 432 Park.


Transcript

Ken Weissenberg: Ken Weissenberg for EisnerAmper here with Harry Macklowe at 432 Park Avenue, a magnificent building. Harry, why don't you tell us about 432 and the project, and how it got started.

Harry Macklowe: I'd be delighted to Ken. I've been building office buildings and apartment houses for many years. I've always admired the 57th Street site here which are really a series of townhouses along 57th Street with luxury retail. When the Drake Hotel was offered to me in 2006, I felt that by combining the townhouses on 57th Street with the development site of the Drake Hotel would be a perfect office building or condominium. We had negotiations with the seller, Host Marriott. It was successfully concluded in March 2006,, just before St. Patrick's Day, I took title to the property. It took about three years to complete the assemblage of all the buildings along 57th Street.


Kenneth Weissenberg CPA, Tax Partner in Real Estate Services, is experienced in tax saving strategies and negotiating sales and acquisitions. He represents owners of some of the most well-known real estate properties in New York City.

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Face-to-Face with Harry Macklowe Part 4

In the fourth part of this exclusive series, Harry Macklowe, Chairman of Macklowe Properties and EisnerAmper Real Estate Services Group Chair Ken Weissenberg talk about how to get deals done.


Face-to-Face with Harry Macklowe Part 3

In the 3rd part of this series, Harry Macklowe of Macklowe Properties speaks with EisnerAmper Real Estate Services Group Chair Ken Weissenberg about how he built his career and his first real estate endeavor.


Face-to-Face with Harry Macklowe Part 2

EisnerAmper Real Estate Services Group Chair Ken Weissenberg interviews Harry Macklowe, Chairman of Macklowe Properties about current development projects in the second part of this series.