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Macklowe was born to a Jewish family, [1] the son of a garment executive from Westchester County, New York.He graduated from New Rochelle High School in 1955, and attended the University of Alabama, New York University, and the School of Visual Arts before dropping out, in 1960, to become a real estate broker. [2]
[143] [144] Macklowe personally pledged $1 billion, as well as interests in twelve other properties, as a guarantee. [143] By February 2008, the Macklowe Organization had no way to refinance the debt from the previous year. [145] [146] As such, Macklowe surrendered One Worldwide Plaza to his lender, Deutsche Bank.
Trump began his career at his father's real estate company, Trump Management, in 1968 which he took over in 1971 and later renamed the Trump Organization in 1973. He expanded its business to Manhattan , where his father's financial and political backing enabled him to do his first deals, demolishing and renovating landmark buildings.
As part of the company’s plan moving beyond bankruptcy, court documents reveal a list of nearly 70 leases WeWork plans to terminate—35 of which are in New York City alone. As of June, the co ...
Billionaire Harry Macklowe and his estranged wife have had to deal with one unusual element in their nasty divorce battle: their nearly $1 billion art collection.
His son Kent Swig, a real estate developer in New York, was married to and divorced from Elizabeth Macklowe, daughter of real estate developer Harry B. Macklowe. [6] His son Robert Swig, a philanthropist in San Francisco, died in 2000 at the age of 39; Robert had three children with his wife Kim Baldwin Swig. [7]
Bankruptcy. The mere word can evoke shame, fear and dread -- and for good reason. When you file for bankruptcy, your credit score takes a major blow, possibly dropping as much as 240 points,...
Julie Macklowe and chef Jean-Georges Vongerichten. Julie Macklowe (née Lerner, December 1977) is an American socialite, philanthropist and entrepreneur. She is married to Billy Macklowe, son of real-estate developer Harry B. Macklowe. In 2021, she released The Macklowe, an American single malt whisky.