From the October issue: When the nation’s finance sector ended as the world knew it last month, the city’s real estate community was left slack-jawed, wondering what it would mean for the commercial and residential markets. With behemoth investment banks falling like dominoes, New York’s brokers and developers started getting used to the fact that the oncoming pain would be far deeper than previously expected. This month, The Real Deal breaks down the Wall Street meltdown by sector in a series of stories that look at the numbers that matter to real estate insiders.
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Breaking the bull
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