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Developer of Troubled Midtown High-Rise Had Tried to Avoid the Spotlight
The New York Times • • nation
Key Points:
- Nathan Berman, the developer behind the unstable Midtown Manhattan building, has never constructed a building from the ground up, focusing instead on converting existing structures into luxury residences since the 1990s.
- His projects have included transforming Art Deco office towers, a book factory, and a former pharmaceutical headquarters into apartments.
- Until the recent structural issues with the former Pfizer office building, Berman was largely unknown outside New York’s real estate community, where he maintained a low profile.
- Industry insiders note that unlike many high-profile developers known for their personalities, Berman has no significant public reputation.
