Last year, Miami Dolphins owner Steve Ross came in at No. 2 on The New York Observer’s "Power 100" ranking of "The Most Powerful People in New York Real Estate" behind only President Barack Obama.
This year he’s got top billing on the list released today.
That’s because Ross, chairman of the Related Cos., shows no signs of slowing down in real estate despite the economy, the Observer report said. CityPlace Partners, which owns the retail portion of CityPlace in West Palm Beach, may be seeking to restructure a loan on the complex for flexibility, but that hasn’t stopped Related from seeking out other projects. Related is one of several partners in CityPlace Partners.
The Observer notes Ross is not only eyeing distressed and difficult properties, including the Xanadu project in New Jersey, but is also working with Related partners on starting a bank and is constructing a hotel and apartment tower in midtown Manhattan.
The list include developers, politicians, and just-approved principal New Jersey Nets owner Mikhail Prokhorov.
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