Since 2008, the 2 have shared the title of co-CEO, while Jerry, 75, acted as chairman and Rob Speyer, 45, had the title of president. Over those several years, the younger Speyer has taken on a lot of everyday responsibility of running the organization.
A spokesperson for that company declined to comment. Its 98.3 million-square-foot portfolio includes greater than 50 million square feet in America, a lot more than 17 million sq . ft . in China and over 12 million square feet in India, in accordance with its website.
In 2013, a TRD analysis found out that Tishman Speyer’s The Big Apple portfolio - more than 16 million square feet - was probably the most valuable among New York’s real estate investment dynasties, which has a net operating income of $568 million. Its holdings include Ny icons for example Rockefeller Center, with minority interests during the Chrysler Building and also the MetLife Building. Its Manhattan development projects include a $3.2 billion mixed-use tower from the Hudson Yards district.
Jerry Speyer, who Forbes estimates may be worth $4.4 billion, was recently dubbed probably the most-connected Ny real estate executive by Crain’s. An avid art collector, he functions as the chair of your Museum of Modern Art and formerly served when the chair from the Federal Reserve Bank of brand new York.
In the early 1990s, Rob Speyer worked as a metro reporter for that Nyc Daily News, where he broke news of a major housing scam in the South Bronx. He joined the family unit business in 1995 and was obviously a power behind the firm’s $5.4 billion acquisition of Stuyvesant Town and Peter Cooper Village, which ultimately ended in default.
In 2012, he had become the youngest-ever chair of real estate Board of the latest York. These days, they have upped Tishman Speyer’s bets on the outer boroughs; the firm paid $170 million for Macy’s Downtown Brooklyn property at 422 Fulton Street, which it can be largely converting to workplace, and it’s also developing an 1,800-unit residential project in Long Island City.
But it’s not simply blockbuster deals that have gotten the young property executive inside the headlines. In May, U.S. Attorney Preet Bharara alluded to Rob Speyer within his criminal complaint charging then-state Senate Majority Leader Dean Skelos with corruption.
While Speyer was neither directly named nor charged with any wrongdoing, Bharara’s complaint made reference to a meeting between Speyer and Skelos’ son as one example of how the lawmaker leveraged his official position to curry favor with the city’s elite.“This is actually a natural progression within the leadership in the firm then one which reflects the truth of the way we certainly have been running this company since becoming co-CEO’s seven yrs ago,” check the memo, that was delivered to Tishman Speyer employees worldwide. “As leaders of a private enterprise, we strongly trust in the need for actively shaping our future. This implies progressive change without losing the continuity of experience and management that is among our key strengths.”
Since 2008, the 2 have shared the title of co-CEO, while Jerry, 75, acted as chairman and Rob Speyer, 45, had the title of president. Over those several years, the younger Speyer has taken on a lot of everyday responsibility of running the organization.
A spokesperson for that company declined to comment. Its 98.3 million-square-foot portfolio includes greater than 50 million square feet in America, a lot more than 17 million sq . ft . in China and over 12 million square feet in India, in accordance with its website.
In 2013, a TRD analysis found out that Tishman Speyer’s The Big Apple portfolio - more than 16 million square feet - was probably the most valuable among New York’s real estate investment dynasties, which has a net operating income of $568 million. Its holdings include Ny icons for example Rockefeller Center, with minority interests during the Chrysler Building and also the MetLife Building. Its Manhattan development projects include a $3.2 billion mixed-use tower from the Hudson Yards district.
Jerry Speyer, who Forbes estimates may be worth $4.4 billion, was recently dubbed probably the most-connected Ny real estate executive by Crain’s. An avid art collector, he functions as the chair of your Museum of Modern Art and formerly served when the chair from the Federal Reserve Bank of brand new York.
In the early 1990s, Rob Speyer worked as a metro reporter for that Nyc Daily News, where he broke news of a major housing scam in the South Bronx. He joined the family unit business in 1995 and was obviously a power behind the firm’s $5.4 billion acquisition of Stuyvesant Town and Peter Cooper Village, which ultimately ended in default.
In 2012, he had become the youngest-ever chair of real estate Board of the latest York. These days, they have upped Tishman Speyer’s bets on the outer boroughs; the firm paid $170 million for Macy’s Downtown Brooklyn property at 422 Fulton Street, which it can be largely converting to workplace, and it’s also developing an 1,800-unit residential project in Long Island City.
But it’s not simply blockbuster deals that have gotten the young property executive inside the headlines. In May, U.S. Attorney Preet Bharara alluded to Rob Speyer within his criminal complaint charging then-state Senate Majority Leader Dean Skelos with corruption.
While Speyer was neither directly named nor charged with any wrongdoing, Bharara’s complaint made reference to a meeting between Speyer and Skelos’ son as one example of how the lawmaker leveraged his official position to curry favor with the city’s elite.
Since 2008, the 2 have shared the title of co-CEO, while Jerry, 75, acted as chairman and Rob Speyer, 45, had the title of president. Over those several years, the younger Speyer has taken on a lot of everyday responsibility of running the organization.
A spokesperson for that company declined to comment. Its 98.3 million-square-foot portfolio includes greater than 50 million square feet in America, a lot more than 17 million sq . ft . in China and over 12 million square feet in India, in accordance with its website.
In 2013, a TRD analysis found out that Tishman Speyer’s The Big Apple portfolio - more than 16 million square feet - was probably the most valuable among New York’s real estate investment dynasties, which has a net operating income of $568 million. Its holdings include Ny icons for example Rockefeller Center, with minority interests during the Chrysler Building and also the MetLife Building. Its Manhattan development projects include a $3.2 billion mixed-use tower from the Hudson Yards district.
Jerry Speyer, who Forbes estimates may be worth $4.4 billion, was recently dubbed probably the most-connected Ny real estate executive by Crain’s. An avid art collector, he functions as the chair of your Museum of Modern Art and formerly served when the chair from the Federal Reserve Bank of brand new York.
In the early 1990s, Rob Speyer worked as a metro reporter for that Nyc Daily News, where he broke news of a major housing scam in the South Bronx. He joined the family unit business in 1995 and was obviously a power behind the firm’s $5.4 billion acquisition of Stuyvesant Town and Peter Cooper Village, which ultimately ended in default.
In 2012, he had become the youngest-ever chair of real estate Board of the latest York. These days, they have upped Tishman Speyer’s bets on the outer boroughs; the firm paid $170 million for Macy’s Downtown Brooklyn property at 422 Fulton Street, which it can be largely converting to workplace, and it’s also developing an 1,800-unit residential project in Long Island City.
But it’s not simply blockbuster deals that have gotten the young property executive inside the headlines. In May, U.S. Attorney Preet Bharara alluded to Rob Speyer within his criminal complaint charging then-state Senate Majority Leader Dean Skelos with corruption.
While Speyer was neither directly named nor charged with any wrongdoing, Bharara’s complaint made reference to a meeting between Speyer and Skelos’ son as one example of how the lawmaker leveraged his official position to curry favor with the city’s elite.