Down but not out: Developers who defaulted

Some of the leading NYC players who’ve failed to repay — with varying results
By Konrad Putzier | November 09, 2015 10:05AM

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]