Ian Bruce Eichner

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Ian Bruce Eichner
Born1946 (age 77–78)
New York City, New York
NationalityAmerican
EducationB.A. University at Buffalo
J.D. University of Cincinnati College of Law
OccupationReal Estate Developer
Known forfounder of The Continuum Company, LLC
SpouseLeslie Ann Hollander
ChildrenAlexandra Eichner
Lindsay Eichner

Ian Bruce Eichner (born June 25, 1945)[1] is an American real estate developer and founder of The Continuum Company, LLC.

Biography

Eichner was born to a

Blackstone Group.[1][5]

He developed

45 East 22nd Street,[5] a 777 feet tall, 64 story tower in the Flatiron District of Manhattan.[6] Eichner also developed a 32 story tower in Harlem, which will be the neighborhood's tallest building,[7][8] and is proposing to construct four high-rise apartment complexes in Crown Heights, Brooklyn.[9] The latter development has notably gained criticism from Brooklyn Botanic Garden President Scot Medbury for the impacts that the high rises could have on the direct sun light of the gardens.[10]

Manhattan Club settlement

In 2017, New York District Attorney announced a settlement with Eichner over his misleading claims and false promises related to the Manhattan Club timeshare. Eichner and his associates offered a "boutique hotel" but many customers were never able to book rooms, faced rapidly rising maintenance costs, and were foreclosed if they were unable to pay, leading others to sell their shares for $1. Eichner and associates were required to pay $6.5 million as part of the settlement and were barred from the timeshare industry.[11]

Personal life

He is married to Leslie Ann (née Hollander) Eichner[3] and has two daughters, Alexandra and Lindsay.[2] He has homes in East Hampton, New York, Las Vegas, and South Beach.[1]

References

  1. ^ a b c d The RealDeal: "Bruce Eichner" by Lauren Elkies retrieved May 26, 2015
  2. ^ a b c d e f g h i j k l m n CUNY TV: "Ian Bruce Eichner Founder & Chairman, Continuum Company" October 29, 2013
  3. ^ a b c New York Times: "Commercial Property/The Ian Bruce Eichner Phenomenon; A Deal-Maker's Comeback" By CLAUDIA H. DEUTSCH May 15, 1994
  4. ^ Wall Street Journal: "Property Mogul Poised to Take a Second Fall - Eichner in Talks to Surrender Casino to Deutsche Bank; 'Zero Will Stick to My Shoes'" By Jennifer S. Forsyth May 9, 2008
  5. ^ a b Wall Street Journal: "Eichner Lands $420 Million to Build NYC Condo For Super-Rich" by Elliot Brown October 6, 2014
  6. ^ New York Yimby: "Construction Update: 45 East 22nd Street Begins Its 777-Foot Climb" By Nikolai Fedak May 27, 2015
  7. ^ New York Daily News: "East Harlem Community Board signs off on towers that would be tallest" by Michael J. Feeney February 18, 2014
  8. ^ Crain's New York: "Bruce Eichner is back. Why that might be a concern - Never mind his property busts in the early 1990s and 2008. This time is different, he says" by Daniel Geiger February 22, 2015
  9. ^ DNA Info: "Four High-Rise Towers Planned for Crown Heights Spice Factory Site" By Rachel Holliday Smith Archived 2018-05-30 at the Wayback Machine November 1, 2017
  10. ^ The Indypendent: "Highrises Could Cast Shadow Over Brooklyn Botanic Garden, Warns Garden President" by Indypendent Staff May 24, 2018
  11. ^ "A.G. Schneiderman Announces $6.5 Million Settlement With Midtown Manhattan Timeshare That Scammed Purchasers". 16 August 2017.