Macklowe says his 432 Park profits were $350M less than he hoped

"My share was down to $48 million," Macklowe said during testimony in his high-stakes divorce trial. That gulf was a result of several factors, he said, one of which was a capital infusion in 2012 that diluted his potential stake. A luxury market slowdown also took its toll, he said. "The sales, at first, started ...

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