Harry B. Macklowe is a New York City

New York City

New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

 real estate developer and investor.

His firm, Macklowe Properties owns a number of New York landmarks including 400 Madison Ave., 540 Madison Ave. and Two Grand Central Tower.

In early 2008, Macklowe failed to refinance a $5.8 billion loan from Deutsche Bank AG and lost his empire as a result of buying high.