Billionaire with “no plan”: Apollo’s Marc Rowan to hold $30M North Fork parcel

by The Real Deal NY

Marc Rowan is assembling a North Fork empire The Apollo CEO has spent roughly $30 million on more than 100 acres in East Marion. He says he has no plans to develop it — for now. That has prompted the same obvious question asked whenever a billionaire starts buying large quantities of waterfront property: What exactly is he up to? For the moment, Rowan, who’s been active in the North Fork before, says, not much. “It’s literally the one piece,” the Apollo Global Management CEO said in an interview, pushing back on the idea that he has embarked on a […]

This article originally appeared on The Real Deal. Click here to read the full story.

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