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 few years, younger Speyer has taken on a lot of day-to-day responsibility of running the corporation.
A spokesperson to the company declined to comment. Its 98.3 million-square-foot portfolio includes in excess of 50 million sq ft in The United States, over 17 million sq ft in China and more than 12 million sq ft in India, based on its website.
In 2013, a TRD analysis found that Tishman Speyer’s Ny portfolio - well over 16 million square feet - was by far the most valuable among New York’s real estate property dynasties, by using a net operating income of $568 million. Its holdings include Ny icons for instance Rockefeller Center, with minority interests from the Chrysler Building along with the MetLife Building. Its Manhattan development projects add a $3.2 billion mixed-use tower from the Hudson Yards district.
Jerry Speyer, who Forbes estimates is definitely worth $4.4 billion, was recently dubbed one of the most-connected New York City property executive by Crain’s. An avid art collector, he functions as the chair of your Museum of recent Art and formerly served when the chair in the Federal Reserve Bank of New York.
In early 1990s, Rob Speyer worked being a metro reporter for any The Big Apple Daily News, where he broke news of the major housing scam within the South Bronx. He joined the family business in 1995 and was actually 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 took over as the youngest-ever chair of real estate Board of brand new York. Recently, he has upped Tishman Speyer’s bets around the outer boroughs; the firm paid $170 million for Macy’s Downtown Brooklyn property at 422 Fulton Street, which it is largely converting to work space, and it’s also developing an 1,800-unit residential project in Long Island City.
But it’s not simply blockbuster deals which have gotten the young real estate executive during the headlines. In May, Usa 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 accused of any wrongdoing, Bharara’s complaint made reference to a meeting between Speyer and Skelos’ son to give an example of how the lawmaker leveraged his official position to curry favor with all the city’s elite.Rob Speyer
Jerry Speyer
Tishman Speyer
“This can be a natural progression inside the leadership of your firm and another that reflects the veracity of how we certainly have been running the company since becoming co-CEO’s seven in years past,” browse the memo, which had been shipped to Tishman Speyer employees worldwide. “As leaders of your private enterprise, we strongly trust in the necessity of actively shaping our own future. This implies progressive change without losing the continuity of expertise 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 few years, younger Speyer has taken on a lot of day-to-day responsibility of running the corporation.
A spokesperson to the company declined to comment. Its 98.3 million-square-foot portfolio includes in excess of 50 million sq ft in The United States, over 17 million sq ft in China and more than 12 million sq ft in India, based on its website.
In 2013, a TRD analysis found that Tishman Speyer’s Ny portfolio - well over 16 million square feet - was by far the most valuable among New York’s real estate property dynasties, by using a net operating income of $568 million. Its holdings include Ny icons for instance Rockefeller Center, with minority interests from the Chrysler Building along with the MetLife Building. Its Manhattan development projects add a $3.2 billion mixed-use tower from the Hudson Yards district.
Jerry Speyer, who Forbes estimates is definitely worth $4.4 billion, was recently dubbed one of the most-connected New York City property executive by Crain’s. An avid art collector, he functions as the chair of your Museum of recent Art and formerly served when the chair in the Federal Reserve Bank of New York.
In early 1990s, Rob Speyer worked being a metro reporter for any The Big Apple Daily News, where he broke news of the major housing scam within the South Bronx. He joined the family business in 1995 and was actually 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 took over as the youngest-ever chair of real estate Board of brand new York. Recently, he has upped Tishman Speyer’s bets around the outer boroughs; the firm paid $170 million for Macy’s Downtown Brooklyn property at 422 Fulton Street, which it is largely converting to work space, and it’s also developing an 1,800-unit residential project in Long Island City.
But it’s not simply blockbuster deals which have gotten the young real estate executive during the headlines. In May, Usa 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 accused of any wrongdoing, Bharara’s complaint made reference to a meeting between Speyer and Skelos’ son to give an example of how the lawmaker leveraged his official position to curry favor with all 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 few years, younger Speyer has taken on a lot of day-to-day responsibility of running the corporation.
A spokesperson to the company declined to comment. Its 98.3 million-square-foot portfolio includes in excess of 50 million sq ft in The United States, over 17 million sq ft in China and more than 12 million sq ft in India, based on its website.
In 2013, a TRD analysis found that Tishman Speyer’s Ny portfolio - well over 16 million square feet - was by far the most valuable among New York’s real estate property dynasties, by using a net operating income of $568 million. Its holdings include Ny icons for instance Rockefeller Center, with minority interests from the Chrysler Building along with the MetLife Building. Its Manhattan development projects add a $3.2 billion mixed-use tower from the Hudson Yards district.
Jerry Speyer, who Forbes estimates is definitely worth $4.4 billion, was recently dubbed one of the most-connected New York City property executive by Crain’s. An avid art collector, he functions as the chair of your Museum of recent Art and formerly served when the chair in the Federal Reserve Bank of New York.
In early 1990s, Rob Speyer worked being a metro reporter for any The Big Apple Daily News, where he broke news of the major housing scam within the South Bronx. He joined the family business in 1995 and was actually 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 took over as the youngest-ever chair of real estate Board of brand new York. Recently, he has upped Tishman Speyer’s bets around the outer boroughs; the firm paid $170 million for Macy’s Downtown Brooklyn property at 422 Fulton Street, which it is largely converting to work space, and it’s also developing an 1,800-unit residential project in Long Island City.
But it’s not simply blockbuster deals which have gotten the young real estate executive during the headlines. In May, Usa 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 accused of any wrongdoing, Bharara’s complaint made reference to a meeting between Speyer and Skelos’ son to give an example of how the lawmaker leveraged his official position to curry favor with all the city’s elite.