All’s fair (and FARE) in New York real estate this week

by The Real Deal

This week saw the major blowup of one of the country’s largest apartment landlords. Fairstead has about $7.8 billion in assets and projects in the pipeline and 24,000 housing units across 28 states with a goal to grow even bigger. But internal disputes sparked multiple legal fights, including one that saw a lengthy opinion come down late last month. The trial involved 10 witnesses and nearly 2,600 exhibits, providing a play-by-play of the drama and negotiation at Fairstead, as well as showing an example of what happens when a business takes off at lightning speed. Slower to take off are […] This article originally appeared on The Real Deal. Click here to read the full story.
Christopher Greco

Christopher Greco

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