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 |
| Autor(a) | Bagli, Charles V. |
| Editora | Plume |
| Ano de edição | 2014 |
| Páginas | 448 |
| Acabamento | Brochura |
| Dimensões | 20,10 X 13,50 |