Sam Zell Dances On Harry Macklowe’s Mistake
Billionaire Sam Zell has bragged that he was nicknamed the “grave dancer” for “dancing on the skeletons of other people’s mistakes.” Zell has now purchased two of developer Harry Macklowe’s New York properties for $475 million, a 50 percent discount on what Macklowe had paid for them in 2007. Sweet deal?
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