Tishman Speyer
Tishman Speyer, run by Jerry Speyer and his son Rob Speyer, oversees a portfolio of $68.1 billion of real estate around the world, according to the company’s website. Holdings include New York’s Rockefeller Center, Yankee Stadium and Paris Bourse in France.
In 2010, Tishman Speyer defaulted on a $3 billion loan on Stuyvesant Town and Peter Cooper Village, Manhattan’s biggest apartment complex, in one of highest-profile real estate busts to follow the last boom.
Commercial-property values in the largest U.S. cities are shattering records set in the years leading up to the real estate crash in 2008 as investors from around the globe seek a safe haven for cash. Manhattan’s General Motors Building became the most expensive U.S. tower after a minority stake in the property was sold in 2013, valuing it at $3.4 billion, according to property-research firm Real Capital Analytics Inc.