The Real Deal New York

Down but not out: Developers who defaulted

Some of the leading NYC players who’ve failed to repay — with varying results

November 09, 2015 10:05AM
By Konrad Putzier

Harry Macklowe Bruce Eichner Kent Swig

From left: Harry Macklowe, Bruce Eichner and Kent Swig

From the November issue: Defaulting on a real estate loan can be ugly. But how a borrower defaults can determine whether they can maintain their relationships with lenders and get back in the game. Here’s an inside look at what worked and what didn’t for four high-profile developers. [more]