The Real Deal

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The best and worst deals

Julian Schnabel

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.
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