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Home > Company Index > Real Estate > REIT - Diversified & Misc. > Macklowe Properties, Inc.

Macklowe Properties, Inc.
 PROFILE
Macklowe Properties is a real estate investment firm that buys, develops, manages, and leases commercial office properties and apartment buildings primarily in Manhattan. The firm is a top owner of commercial and residential space in a market with high demand and ever-rising rates. The company was founded in the mid-1960s by chairman and CEO Harry Macklowe, whose tactics for acquiring and developing properties have raised the ire of some tenants and neighbors. Macklowe gained an added measure of notoriety when he mixed it up with East Hamptons neighbor and high priestess of propriety Martha Stewart.

 COMPETITION
Helmsley Enterprises, Inc. (dossier)
SL Green Realty Corp. (SLG)
Vornado Realty Trust (VNO)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 69.30
1-Yr. Sales Growth: 10.4%
Employees: 310
Revenue per employee: $223,548.39

 KEY PEOPLE
• Harry Macklowe
    CEO
• Kevin E. Neuner
    CFO

 CONTACT INFO
142 W. 57th St.
New York, NY 10019
US
Phone: 212-265-5900
Fax: 212-554-5895
Online: Web Site

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