All comments to posts have to await approval. Please be aware that, depending on when I'm logged onto the internet, it may take me hours, even longer, to moderate comments, so if they don't turn up in a speedy fashion, they are still in the queue. Comments that cross a line I'm not comfortable with will not get approved. NOTE: Comments reflect the opinions of the person writing them and should not be assumed to reflect the opinion of the blog.
Wednesday, April 3, 2013
"In 2006, 28% of the apartments there were rented at market rate. Today it's 50%...."
Fascinating, yet depressing, interview with Charles V. Bagli, author of the just-published book "Other People's Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever Made".
The interview, as well as the book probably, really makes you hate the real estate people, banks and politicians who screwed up Stuy Town/Peter Cooper Village. I've stated this before, but I just don't understand why some people are not in jail because of what happened and what is happening.
The book is available at all fine book stores, and also Amazon.com for hardcover at $15.98 and Amazon.com for $14.99 Kindle edition.