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From the archives: Macklowe’s bust, one of many over decades
Looking at developers who have gone bust and bounced back, from Trump to Zeckendorf
![Harry Macklowe and Donald Trump](https://static.therealdeal.com/wp-content/uploads/2016/05/6a0133f3a4072c970b01539287be84970b-550wi.jpg)
Whatever befalls beleaguered landlord and developer Harry Macklowe and his property empire, his travails are part of a long line of epic busts in New York City real estate. As he and others before him demonstrate, even Gotham’s biggest builders fall from time to time.
Well-known busts include Rockefeller Center Properties, which was forced to file for bankruptcy in the 1990s when it was owned by the Japanese-based Mitsubishi Estate Company, and Donald Trump, whose entertainment company emerged from bankruptcy in 2005. Read the full story from April 2008 issue.
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