From the August issue: Next month will mark the one-year anniversary of the fall of Lehman
Brothers — a date often referred to in “pre-” and “post-” terms in the
New York City real estate market. With that in mind, The Real Deal zeroed in on the 15 best and worst deals since Wall Street’s collapse and the earlier onset of the credit crunch.
The deals were selected based on interviews with real estate
professionals, published reports from the past year, research and an
informal survey.
While the list includes some high-profile examples, it was not
designed to revisit all of the soured deals that have been staples in
the headlines. Instead, it’s a cross-section of not only big-ticket but
also lesser-known significant deals, which might otherwise have gone
down as footnotes.
