Down but not out: Developers who defaulted

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

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]

Sign Up for the undefined Newsletter