New York realtor paid £29.9 million in 2015
New York based Lorber, 67, whose total pay in 2014 was £21.1 million ($30 million), was well ahead of peers. His nearest rivals, Richard Smith, CEO of Realogy Holdings – parent to the Corcoran Group – took home £6.4 million ($9.1 million) in 2015 whilst Vornado CEO Steve Roth’s total was a little higher at £7 million ($9.9 million).
Of his situation, Lorber (whose additional pay for his roles as a board member of Nathan’s Famous and a director of Morgans Hotel Group is not stated), casually remarked: “I’m happy that I did a deal and I’m here for at least seven years – hopefully longer”. He concluded: “I love what I do”. You bet he does.
Subscribe to our free once daily email newsletter here: