Real Estate Veteran Macklowe’s Next Venture

Harry Macklowe is one of Manhattan’s most storied real estate developers. He’s the man whose losses in the crisis forced him to sell the GM Building, only to rise again phoenix-like to build the tallest residential tower in the western hemisphere, 432 Park Ave.

Harry Macklowe Gambles Again

Harry Macklowe wanted to go higher. “Another story up?” he offered with a smile. Mr. Macklowe, a developer with a habit of injudiciously reaching for heights, was pointing to a small steel ladder at the job site of his latest and most ambitious project: a luxurious building at 432 Park Avenue, which, upon completion, will be, at 1,398 feet, the tallest residential tower in the Western Hemisphere.