The Observer‘s Chloe Malle broke the news on Thursday that Getty Images co-founder and current CEO Jonathan Klein bought the 760 Park co-op of real estate mogul William Mack for $10 million.
At the beginning of a panel entitled “The View From 10,000 Feet,” part of the N.Y.U. Schack Institute of Real Estate’s 15th Annual REIT Symposium on Thursday afternoon, the always outspoken Steve Roth had a question for moderator Robin Panovka.
“Is there press in the room?” asked Mr. Read More
A picture is worth a 1,000 bucks… or for Getty Images co-founder and CEO Jonathan D. Klein many millions, as evidenced by his recent $10 million apartment purchase at coveted co-op 760 Park Avenue. The Getty go-getter and his wife, Deborah, bought the 10-room, full-floor residence from real estate tycoon William Read More
“We’ve reached the Darwinian point,” intoned Sam Zell, chairman of Equity International. “I think that the small guys have to die, and the definition of ‘die’ is they’re going to go private.”
The gnomic Mr. Zell was referring to REITs, or real estate investment trusts, the publicly traded real estate companies that, according Read More
