Thursday, 20 December 2018

Who owns all of New York?

When Silverstein Properties was bidding on the Helmsley Carlton House eight years ago, company executive Marty Burger thought his firm had a pitch that would win the property. “[We had] a very well-known hotel brand that agreed to let us use their name to sell condos,” Burger, who is now Silverstein’s CEO, recalled last month. “We thought that was our edge.” But as it turned out, that edge was not sharp enough. Instead of selling […]



source https://therealdeal.com/issues_articles/who-owns-all-of-new-york/#new_tab

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