Earned vulture reputation buying distressed properties, fixing, then flipping to flush buyers. But with fewer bones to pick these days, forced to pay top dollar like everybody else: this summer his Equity Office Properties REIT shelled out $400 per square foot for New York City office tower. May bid for Rockefeller Center: "Why not? Nobody knows it better than I do other than the guys running it today." Son of Polish immigrants, sold Playboy in grade school for 200% profit. With University of Michigan frat brother Robert Lurie (d. 1990) bought ailing Sunbelt, Midwest real estate in 1970s, eventually sold for big gains. Fan of motorcycles, throws big birthday parties for himself.

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