Rich Bockmann

890 posts

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Rich Bockmann

Rich Bockmann

@ByRichBockmann

Reporter on a sempiternal search for a place to spend $10 words. Send tips to [email protected] | RTs = endorsements, not

Katılım Haziran 2011
1.2K Takip Edilen1.4K Takipçiler
Rich Bockmann
Rich Bockmann@ByRichBockmann·
When I was investigating Schuster I wondered if he was someone who got in over his head or if he set out to deceive people The ppl around him - a lot of them were employees, friends and family members who had invested - were convinced he had intentionally deceived them
Rich Bockmann@ByRichBockmann

Schuster pleaded not guilty in May.. he changed attorneys and now 9 mos later he intends to plead guilty to the securities fraud charge he faces up to 20 years in prison

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Rich Bockmann
Rich Bockmann@ByRichBockmann·
Schuster pleaded not guilty in May.. he changed attorneys and now 9 mos later he intends to plead guilty to the securities fraud charge he faces up to 20 years in prison
Rich Bockmann@ByRichBockmann

Things for Schuster started to come undone when the money ran out and his partners booted him off several projects He moved to Florida and tried to reinvent himself as a solar-project developer, maintaining the whole time he'd done nothing illegal

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Rich Bockmann
Rich Bockmann@ByRichBockmann·
Things for Schuster started to come undone when the money ran out and his partners booted him off several projects He moved to Florida and tried to reinvent himself as a solar-project developer, maintaining the whole time he'd done nothing illegal
Rich Bockmann@ByRichBockmann

Josh Schuster will plead guilty to running a $10M Ponzi scheme, according to prosecutors The developer took money from investors and used it to pay off former partners and fund his CC/gambling debts therealdeal.com/new-york/2026/…

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Rich Bockmann
Rich Bockmann@ByRichBockmann·
Josh Schuster will plead guilty to running a $10M Ponzi scheme, according to prosecutors The developer took money from investors and used it to pay off former partners and fund his CC/gambling debts therealdeal.com/new-york/2026/…
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
Scott Panzer, the JLL broker fired last week over his Islamophobic anti-Mamdani email, spoke to the Post Said he wants "open, meaningful conversations on the serious challenges the new mayor’s leadership presents." Also adds he's a student of history nypost.com/2025/11/10/bus…
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
Scott Rechler recapitalized 75 Rockefeller Plaza at a valuation somewhere around $200M. It took a major restructuring to a loan from just 3 yrs ago that would've valued the 33-story tower at more than 2x that figure therealdeal.com/new-york/2025/…
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
Scoop: SL Green is buying Park Avenue Tower from Blackstone for $730M Marc Holliday's REIT is really ramping up deals: bought the Brooks Bros. site for next big office development, was in on Paramount bidding and expressed interest in Chrysler Bldg therealdeal.com/new-york/2025/…
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
Harry Macklowe isn't showing any signs of slowing down The 88 yr old is converting a Gold Coast apt bldg on Madison Ave into ultra luxe condos The tricky deal involved stitching together air rights and gaining Landmarks approval therealdeal.com/new-york/2025/…
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
SCOOP: SL Green has lined up its next big development project. SLG is buying the former home of Brooks Brothers on Madison Ave for $160M 800K sf office tower will be the first major project since 1 Madison Ave redevelopment in '23 and One Vandy in '20 therealdeal.com/new-york/2025/…
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
NYC closings yesterday: Scott Rechler bought 590 Madison Miki Naftali closed on 800 Fifth Ave Vornado wrapped up sale of 512w22nd Quite a few dealmakers are finally gonna make it out to the beach for the back half of August
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
Scott Rechler closed his $1B deal for 590 Madison Ave with a loan from Apollo Global Management If you don't count Google's purchase of its NYC HQ in 2022, this is the largest New York purchase by an investor since 2018 therealdeal.com/new-york/2025/…
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
@SullivanSaysSC @NewYorker It seems like they were past moralizing at that point. But the story def points out how his single mindedness isolates him from some of the other factions in Trumpworld
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SullivanSaysSoCal
SullivanSaysSoCal@SullivanSaysSC·
@ByRichBockmann I’ll give a read, Rich. Could you tell me in meantime whether the piece offered the viewpoint that that’s a particularly piss-poor character trait to bring to public service? Someone should offer that counter-notion as a matter of intellectual integrity. I hope @NewYorker did.
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
Here's a great bit from the New Yorker's profile on Howard Lutnick: Lutnick, who invests in Tether, invited a lobbyist from the company to a Trump admin group on regulating crypto “It is biologically painful for him to miss a business opportunity" newyorker.com/magazine/2025/…
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Rich Bockmann
Rich Bockmann@ByRichBockmann·
here's another: Nevertheless, one person close to the Administration told me that many in the White House view Lutnick as “disreputable, so when you need to have a bad guy, people blame him. He’s not seen as a real actor. He’s an errand boy.”
Rich Bockmann@ByRichBockmann

Here's a great bit from the New Yorker's profile on Howard Lutnick: Lutnick, who invests in Tether, invited a lobbyist from the company to a Trump admin group on regulating crypto “It is biologically painful for him to miss a business opportunity" newyorker.com/magazine/2025/…

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