Other People’s Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever Made

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(as of Aug 20, 2025 08:25:34 UTC – Details)

A veteran New York Times reporter dissects the most spectacular failure in real estate history

Real estate giant Tishman Speyer and its partner, BlackRock, lost billions of dollars when their much-vaunted purchase of Stuyvesant Town–Peter Cooper Village in New York City failed to deliver the expected profits. But how did Tishman Speyer walk away from the deal unscathed, while others took the financial hit—and MetLife scored a $3 billion profit?
 

Illuminating the world of big real estate the way Too Big to Fail did for banks, Other People’s Money is a riveting account of politics, high finance, and the hubris that ultimately led to the nationwide real estate meltdown.

Publisher ‏ : ‎ Plume
Publication date ‏ : ‎ March 25, 2014
Edition ‏ : ‎ Reprint
Language ‏ : ‎ English
Print length ‏ : ‎ 448 pages
ISBN-10 ‏ : ‎ 0142180718
ISBN-13 ‏ : ‎ 978-0142180716
Item Weight ‏ : ‎ 13.4 ounces
Dimensions ‏ : ‎ 5.34 x 0.97 x 7.97 inches
Best Sellers Rank: #164,951 in Books (See Top 100 in Books) #98 in Business Ethics (Books) #188 in Real Estate Investments (Books) #1,130 in U.S. State & Local History
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