Book 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…
Why read it?
1 author picked Other People's Money as one of their favorite books. Why do they recommend it?
One of O’Dwyer’s early prominent battles for the First Amendment and civil rights occurred when he represented families evicted for opposing a racial color line in the selection of tenants of MetLife’s Stuyvesant Town in lower Manhattan, built with assistance from the La Guardia administration.
Through Bagli’s carefully researched history of this watershed battle over the authority of a private landlord to bar African Americans, he explains that O’Dwyer’s involvement in the case on behalf of progressive tenants helped pave the way for Metlife to build the smaller Riverton housing development in Harlem as a concession to critics. Over time,…
From Robert's list on The best books exploring the era that influenced Irish-American rebel attorney Paul O'Dwyer.
If you love Other People's Money...
December on 5C4
Magical realism meets the magic of Christmas in this mix of Jewish, New Testament, and Santa stories–all reenacted in an urban psychiatric hospital!
On locked ward 5C4, Josh, a patient with many similarities to Jesus, is hospitalized concurrently with Nick, a patient with many similarities to Santa. The two argue…
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