apartment complexes

They Bet the Rent, and Lost

NYT > Business  Fri, 05/28/2010 - 22:31

Owners of three New York apartment complexes failed to replace rent-regulated residents with higher-paying tenants and fell into financial straits.


 

Owners: $5.4B NY housing complexes go to creditors

Newsvine - business  Mon, 01/25/2010 - 00:56

The financially troubled owners of two massive apartment complexes that sold for a record $5.4 billion a few years ago said Monday they're turning them over to their creditors.