21.12.2010 - New York: Good year isnít enough to save some office deals
From WSJ: This has been a good year for values in New Yorkís office building market. But the rising tide still hasnít been enough to save the deals that were launched at the top of the market. Consider losses suffered in two recent sales by British real estate firm Rock New York, founded by Paul Kemsley, which bought two New York office buildings in 2007 and 2008..............................................Full Article: Source
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