The Lipstick Building’s problems are hardly cosmetic. The building pushes toward the sky in perfect oval layers, but beneath the smooth facade, the building has been smeared by bankruptcy and its association with the Madoff scandal.
Now it has new owners, who are hopeful that a $15 million touch-up will be enough to Read More
The Lipstick Building rises from the midtown skyline in sleek, tubular perfection. But its falls have been just as dramatic.
Bernie Madoff once rode the gilded elevator to the 17th floor, from which he and a mere handful of employees built one of the biggest pyramid schemes in history. In the last couple of years, Read More
Neither the New York- nor the Cleveland-based branches of the family has explained why Bruce Ratner is selling the remaining 30 percent of his company, Forest City Ratner, to his cousins at Forest City Enterprises, and why at such an opportune time. (The final deal was announced today.) One equity analyst Read More
