How Big Was the NYC Housing Bubble? [View article]
"And in New York, the real estate mogul Harry B. Macklowe lost seven Equity Office towers he bought from Blackstone, along with much of his empire, after he was unable to refinance the $7 billion in short-term, high-interest debt he used to buy them. ..."
How Big Was the NYC Housing Bubble? [View article]
www.nytimes.com/2009/0...