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Search resuls for: "Larry Silverstein"


4 mentions found


The farm cost Buffett $280,000, a bargain after the 1980s bubble in farm prices burst, leaving many Iowa and Nebraska banks saddled with sour loans. NYU retail The second investment Buffett discussed was a New York retail property that he co-purchased in 1993 through an introduction by Larry Silverstein, Salomon Brothers' landlord when Buffett briefly stepped in as the investment bank's CEO. "If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on." Key to investing Through telling stories of such specific assets, the legendary investor taught his followers that what matters the most to any investment is its future earnings. If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on," Buffett said.
Persons: Warren Buffett, Buffett, Berkshire Hathaway, Larry Silverstein, Salomon Brothers, Benjamin Graham, Charlie Munger Organizations: Apple, New York University, Federal Deposit Insurance Corporation, Buffett, NYU, NYU wasn't, Columbia University Locations: Nebraska, New, Manhattan, Omaha, Iowa, New York
Silverstein Properties Parts Ways With CEO Marty Burger
  + stars: | 2023-10-26 | by ( Peter Grant | ) www.wsj.com   time to read: 1 min
Marty Burger had been chief executive of Silverstein Properties since 2014. Photo: etienne laurent/ShutterstockSilverstein Properties, best known as the developer of New York City’s World Trade Center, has replaced its longtime chief executive with Lisa Silverstein, the daughter of chairman and founder Larry Silverstein . Employees were told of CEO Marty Burger ’s departure on Wednesday, according to people familiar with the matter.
Persons: Marty Burger, etienne laurent, Shutterstock Silverstein, Lisa Silverstein, Larry Silverstein, Marty Burger ’ Organizations: Silverstein Properties, Trade, Employees Locations: York
These agreements allow developers to build larger towers and earn more revenue in exchange for providing public spaces. “Developers received something that was disproportionately valuable,” said Jerold S. Kayden, a lawyer and professor of urban planning and design at Harvard University and an advocate for keeping privately owned public spaces open to the public. Bonus Building Space The additional space that developers received is often far larger than the public spaces they provided. Here are the 392 buildings with privately owned public spaces. The violations fall under three main categories:Reduced Access In 2021, the plaza at 835 Sixth Avenue was fenced off.
Persons: Jonathan J, Miller, Richard J, Roddewig, , Jerold, Kayden, Gale Brewer, ” Ms, Brewer, , Larry Silverstein, Mr, Silverstein, Melissa Grace, David Rubenstein Organizations: of Buildings, Advisory Services, , Harvard University, New York’s Department of City Planning, Municipal Art Society of New, The Times, greenwich, madison, Database, New York City Department of City Planning, Department, Environmental, Buildings, Department of, Planning, City, The, of City Planning, Department of City Planning, Wall, Lincoln Center, Times, MANHATTAN BRONX, Yorkers, Real, Board, New, Google Locations: New York City, Central, Municipal Art Society of New York, pennsylvania, greenwich, lincoln, , Manhattan, MANHATTAN BRONX QUEENS BROOKLYN, New York, AKAM, Brooklyn
Mr. Silverstein, 92, has never owned or invested in a casino. For that reason, his team argues, the location is less likely than others to raise residents’ hackles. For casino expertise, he has teamed up with Watche Manoukian, a businessman based in London who owns Parx Casino in Bensalem, Pa., that state’s highest grossing venue. In an interview on Thursday, Mr. Silverstein suggested his bid was largely selfless: New York State, he said, needs tax revenue to support the transit system on which New York City’s economy depends. Casinos can provide it, and as a major landlord, he is invested in the city’s future.
Persons: hustling, Larry Silverstein, Silverstein, Watche Manoukian Organizations: World Trade, Times, Parx, New, New York State Locations: New York City, London, Bensalem, Pa, New York, York
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