About Tishman Speyer

Tishman Speyer Properties lays claim to two of the most famous slices of the Big Apple -- New York City's Chrysler Building and Rockefeller Center. The property company invests in, develops, and/or operates commercial real estate. Other well-known holdings include Berlin's Sony Center and Torre Norte, an office tower in Brazil. The company also has projects in India and China, and owns some 92,000 residential units around the world. The company owns or has developed more than 116 million sq. ft. in Asia, Europe, Latin America, and the US. Tishman Speyer was co-founded by Robert Tishman and chairman and co-CEO Jerry Speyer in 1978. Speyer's son, Rob, shares CEO duties.



Although the sputtering economy has marked a slowdown in commercial real estate deals, Tishman Speyer has been at the center of many successful (and some unsuccessful) deals throughout the years. Among the elite commercial real estate developers and property owners, Tishman Speyer's strategy is to buy, sell, and trade high-profile projects around the world. 

In 2010 Tishman Speyer suffered a setback on one of its highest-profile real estate projects. Four years earlier the company had partnered with BlackRock on the largest real estate deals in US history to date: They bought the Stuyvesant Town and Peter Cooper Village apartment complex in New York City for more than $5 billion. But mounting debt and a struggling New York real estate market forced Tishman and BlackRock to default on the more than $4 billion debt that was used to finance the deal.

In another deal with a troubled legacy, Tishman Speyer and Lehman Brothers acquired Archstone-Smith Trust (now Archstone) in 2007 for more than $20 billion. At the time, it was the largest acquisition of a US real estate investment trust. Unfortunately, a troubled commercial property market and Lehman's collapse in 2008 did not bode well for the investment. In 2010, Lehman, Bank of America, and Barclays completed a restructuring of Archstone, leaving Tishman's stake in the firm to less than 10%. Today, Archstone is owned by Lehman (which plans to buy the rest of the company), Bank of America, and Barclays.

Tishman Speyer continues to buy, sell, and develop properties, with a focus on its core business of office buildings. The company has capital to invest, much of which was garnered before the financial crisis, and it has been doing just that. It is also developing properties abroad, especially in growing markets such as China.

In 2008 a Middle Eastern sovereign wealth fund, the Abu Dhabi Investment Council, purchased a 90% stake in the Chrysler Building for about $888 million. Tishman Speyer retained a minority stake in the building and continues to manage the property.



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Employee, Washington, DC - June 30, 2015
Some of the smartest, detail-oriented people in the industry, who are also great on a personal level, making for a good working environment. A lot is expected of employees, so everyone is expected to work hard.


Jobs in New York, NY

  • Fire Safety Director

    New York, NY
    Scheduling of AED (Automated External Defibrillator) classes for Tishman Speyer building personnel. Tishman Speyer is one of the leading owners, developers and...
  • Fund Controller

    New York, NY
    Domestically, Tishman Speyer has seven U.S. Commitment to increasing contribution to Tishman Speyer. Tishman Speyer is one of the leading owners, developers,...
  • Accounting Coordinator

    New York, NY
    TISHMAN SPEYER PROPERTY MANAGEMENT. To establish and define the functional and operational responsibilities of the Accounting Coordinator....
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45 Rockefeller Plaza
New York NY, United States 10111
less than $1M (USD)
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Tishman Speyer website