Episode Details

Michael sits down with David Lowenfeld, a partner at World-Wide Holdings and former executive director of the city's Industrial Development Agency during the Koch administration. World-Wide Holdings has developed more than 1,800 apartments in Manhattan over the last decade and was a partner in the development of Worldwide Plaza on Eighth Avenue at 50th Street. They recently made a deal with the city to build a soaring residential tower on a low-rise, under-utilized city-owned site in Midtown in exchange for hundreds of millions of dollars that will be used to build at least two new city schools.