Other people's money
Subtitle: inside the housing crisis and the demise of the greatest real estate deal ever made
By: Charles V. Bagli
Publisher: Penguin Group US
Published: 2013
Place of publication: New York
Language: eng
ISBN-13: 9781101609620
Subjects: Real estate development; Real estate investment; Planned communities; Mortgage loans; Housing; Discrimination in housing; Global Financial Crisis, 2008-2009; Financial crises; Promotion immobilière; Immeubles; Investissements; Collectivités nouvelles; Prêts hypothécaires; Discrimination dans le logement; Crise financière mondiale, 2008-2009; Housing discrimination; BUSINESS & ECONOMICS; Economics; General; Reference; Tishman Speyer
Description: The New York Times reporter who broke the story on the Stuyvesant Town sale documents the losses of investor billions by real estate giant Tishman Speyer and its partner, BlackRock, explores how the events surrounding the infamous deal reflected the ongoing real estate crisis.
Notes: Includes bibliographical references (pages 373-386).
Table of contents: title: The poster child of the real estate bubble; title: "Negroes and Whites don't mix"; title: Thirty-six million bricks; title: The Golden Age; title: Who would drive the last dollar?; title: Let's make a deal; title: For sale; title: "The more you spend, the more we can lend against it"; title: What $5.4 billion gets you; title: "What do they have against trees?"; title: The bubble explodes; title: How to lose $3.6 billion in two years; title: Reckoning.