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Other People's Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever Made

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Other People's Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever Made

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 Townâ€“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 hitâ€”and MetLife scored a $3 billion profit?
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Illuminating the world of big real estate the way Too Big to Fail did for banks, Other Peopleâ€™s Money is a riveting account of politics, high finance, and the hubris that ultimately led to the nationwide real estate meltdown.
Country USA
Brand Plume
Manufacturer Plume
Binding Paperback
Color Multicolor
ReleaseDate 2014-03-25
UnitCount 1
EANs 9780142180716

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