![]() ![]() Macklowe put a massive picture of himself and his new wife on the corner of 432 Park Avenue, in what was widely seen as an insult to his former wife. In 2019 after a contentious, $2 billion divorce, he remarried to Patricia Lazar-Landeau. After over 50 years of marriage in 2016, Burg filed for divorce. On January 4, 1959, Macklowe married Linda Burg. A proposed Macklowe Properties building, Tower Fifth, has similarly received backlash for its unattractive design several critics claimed Macklowe was "ruining" the New York skyline. After 432 Park Avenue was completed in the late 2010s, there were allegations of structural deficiencies, such as leaks and defective elevators, in the building. Several architectural critics, social media influencers, and journalists have commented on 432 Park Avenue's "ugly" design. For instance, when Metropolitan Tower was developed in the late 1980s, Paul Goldberger called it "the least respectful of the architectural traditions" in its vicinity, The comments about Metropolitan Tower in particular led Macklowe to express dissatisfaction at architectural criticism directed toward his buildings "just because I'm a developer and we do the architecture ourselves". Several Macklowe developments have received criticism when they were developed. Among the buildings forfeited were the General Motors Building (which collateralized the loan) and the Credit Lyonnais Building. ![]() In early 2008, he failed to refinance a $5.8 billion loan from Deutsche Bank and lost all seven buildings. He used $50 million of his own money and financed the rest with $7 billion in short-term loans (due in February 2008) from Deutsche Bank and the publicly traded hedge fund the Fortress Investment Group. In February 2007, during the peak of the real estate market, Macklowe purchased seven Manhattan skyscrapers for $6.8 billion from the Blackstone Group. Jobs then proposed that the entrance to the sunken store be a 32-foot tall-glass cube, which the city approved and was opened to the public in 2006. The value of the skyscraper soon doubled after he persuaded Apple to build a subterranean Apple retail store beneath the building's plaza, an idea he personally and successfully pitched to Steve Jobs. ![]() In 2003, Macklowe bought General Motors Building for a record $1.4 billion. In 1985, Macklowe was fined $2 million for demolishing four buildings in Times Square in the middle of the night. His firm, Macklowe Properties, owns or has owned a number of New York buildings including 400 Madison Avenue, 540 Madison Avenue, Drake Hotel (which he demolished to make way for 432 Park Avenue), Hotel Macklowe, and Two Grand Central Tower. Keenly interested in architecture and modern art, he soon became known for developing sleek modernistic buildings such as Metropolitan Tower, as well as for his starkly white minimalist offices. Macklowe quickly transitioned from broker to builder. Together, they moved into a garden apartment in Brooklyn, where Harry developed an interest in the landlord’s brownstone-renovation business, and the landlord encouraged 21-year-old Harry, steering him into the job as a real estate broker. She worked as an editorial assistant at Doubleday. In 1959, he married Linda Burg, a doctor's daughter. 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. Macklowe was born to a Jewish family, the son of a garment executive from Westchester County, New York. Macklowe (born 1937) is an American real estate developer and investor based in New York City. ![]()
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