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Other People's Money

Other People's Money

Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever Made

by Charles V. Bagli
Paperback
Publication Date: 25/03/2014
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A veteran New York Times reporter dissects the most spectacular failure in real estate history

Real estate giant Tishman Speyer and its partner, BlackRock, lost billions of dollars when their much-vaunted purchase of Stuyvesant Town-Peter Cooper Village in New York City failed to deliver the expected profits. But how did Tishman Speyer walk away from the deal unscathed, while others took the financial hit-and MetLife scored a $3 billion profit?

Illuminating the world of big real estate the way Too Big to Fail did for banks, Other People's Money is a riveting account of politics, high finance, and the hubris that ultimately led to the nationwide real estate meltdown.
ISBN:
9780142180716
9780142180716
Category:
History of specific companies / corporate history
Format:
Paperback
Publication Date:
25-03-2014
Language:
English
Publisher:
Penguin Putnam Inc
Country of origin:
India
Pages:
448
Dimensions (mm):
202x136x25mm
Weight:
0.39kg

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You can find this item in:

History of specific companies / corporate history History of the Americas Business ethics & social responsibility Property & real estate Economic history Local history 21st century history: from c 2000 -
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