Eliot Spitzer wants to take his father’s real estate business “to the next level” by starting a vulture fund to buy distressed real estate assets around the country and flip them for a profit. Bernard Spitzer’s real estate holdings have not had any major changes since the early 1990s. Spitzer would be competing with larger investors like the Blackstone Group and the Carlyle Group.
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|WATCH: Gary Barnett on the market, Brooklyn and discounts at One Manhattan Square|
|Zillow sues Compass for poaching tech talent, allegedly stealing trade secrets|
|Queens property purchased for $125M by Chinese firm headed to foreclosure|
|JLL I-sales broker out amid merger with HFF|
|This 19th century UES townhouse just traded hands for a loss|
|Blackstone will pay rent-stabilized tenants $1M. It won’t stop the lawsuit.|