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

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

de Bagli, Charles V

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ISBN 10
0525952659
ISBN 13
9780525952657
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Sobre este artículo

Dutton, 2013-04-04. Hardcover. New. Brand New, Gift condition We Ship Every Day! Free Tracking Number Included! International Buyers Are Welcome! Satisfaction Guaranteed!

Sinopsis

In just over three years, real estate giant Tishman Speyer and its partner, BlackRock, lost billions of investors’ dollars on a single deal. The New York Times reporter who first broke the story of the sale of Stuyvesant Town-Peter Cooper Village takes readers inside the most spectacular failure in real estate history, using this single deal as a lens to see how and why the real estate crisis happened. How did the smartest people in real estate lose billions in one single deal? How did the Church of England, the California public employees’ pension fund, and the Singapore government lose more than one billion dollars combined investing in a middle-class housing complex in New York City? How did MetLife make three billion dollars on the deal without any repercussions from a historically racist policy of housing segregation? And how did nine residents of a sleepy enclave in New York City win one of the most unlikely lawsuits in the history of real estate law? Not only does Other People’s Money answer those questions, it also explains the current recession in stark, clear detail while providing riveting first-person accounts of the titanic failure of the real estate industry to see that a recession was coming. It’s the definitive book on real estate during the bubble years—and what happened when that enormous bubble exploded.  

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Detalles

Librería
Book Empire US (US)
Inventario del vendedor #
26551180t
Título
Other People's Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever M ade
Autor
Bagli, Charles V
Formato/Encuadernación
Tapa dura
Estado del libro
Nuevo
Cantidad disponible
1
ISBN 10
0525952659
ISBN 13
9780525952657
Editorial
Dutton
Fecha de publicación
2013-04-04

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