Tishman deal failure signals trouble in commercial real estate

Tishman deal failure signals trouble in commercial real estate
Tishman sent its $5.3 billion investment in 11,000 NYC apartments back to its bankers. Some analysts believe this failed deal is “symptomatic” of real estate problems around the U.S.

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Image taken on 2009-03-01 16:33:44 by dno1967.

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