Macklowe Properties has named William Macklowe its new chairman and CEO. Macklowe formerly served as president.
His father, Harry Macklowe, founder of the company, has been named chairman emeritus, and in that role, will continue to contribute his vision to the firm's numerous development and redevelopment activities.
Before joining the company in 1992, Macklowe, a graduate of New York University, was a real estate finance analyst for Manufactures Hanover. He presently serves on the Board of Governors of the Real Estate Board of New York, the photography acquisitions committee of the Guggenheim Museum, and is a member of YPO International.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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