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For Real Estate Developers, Failures Hardly an Obstacle
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www.nytimes.com/...02developers.html
Housing
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Real
Estate
Foreclosures
Office
Buildings
Commercial
Properties
Tishman
Speyer
New
York
City
shared by
James Foxx
on 06 Jan 11
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No Cached
James Foxx
on 06 Jan 11
Unlike ordinary homeowners, developers who suffer costly losses tend to be forgiven by lenders and investors.
Unlike ordinary homeowners, developers who suffer costly losses tend to be forgiven by lenders and investors.
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