Boston Properties Inc. agreed to buy New York’s 510 Madison Ave. from Harry Macklowe for about $280.5 million, two months after the developer settled a lawsuit to halt a foreclosure on the office tower.
Developer Harry Macklowe , whose company lost control of seven New York skyscrapers in the credit crisis, agreed to buy an Upper East Side rental building for about $250 million, two people with knowledge of the deal said.
New York developer Harry Macklowe won a jury verdict that his company doesn’t owe Carl Icahn’s Meadow Star LLC $60 million for backing away from a 2006 bid to buy six New York skyscrapers from Reckson Associates Realty Corp.
Bank of New York Mellon Corp., the world’s largest custody bank, agreed to sell its headquarters tower at 1 Wall St. in lower Manhattan to a joint venture led by Harry Macklowe’s Macklowe Properties for $585 million.
Bank of New York Mellon Corp. agreed to sell its headquarters tower at 1 Wall St. in lower Manhattan to Harry Macklowe’s Macklowe Properties for $585 million, a person with knowledge of the transaction said.