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

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

    Description

    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.

    Product details

    EAN/ISBN:
    9780142180716
    Edition:
    Reprint
    Medium:
    Paperback
    Number of pages:
    432
    Publication date:
    2014-03-25
    Publisher:
    Plume
    EAN/ISBN:
    9780142180716
    Edition:
    Reprint
    Medium:
    Paperback
    Number of pages:
    432
    Publication date:
    2014-03-25
    Publisher:
    Plume

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