Sam Zell Dances On Harry Macklowe’s Face


Gnomish billionaire Sam Zell — who once bragged that people called him the “grave dancer” for “dancing on the skeletons of other people’s mistakes,” according to Deal Journal — has purchased two of developer Harry Macklowe’s New York properties for $475 million, a 50 percent discount on what Macklowe paid for them back in 2007. [Deal Journal/WSJ]