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View Full Version : Tishman's $5.4 Billion NYC Apartment Purchase Hits Obstacles (Bloomberg)


YahooRSS
10-02-2008, 07:16 PM
Oct. 2 (Bloomberg) -- Tishman Speyer Properties LP and BlackRock Realty's $5.4 billion investment in Manhattan's biggest apartment complex depended on converting more rent- regulated units to market rates. That's proving a bigger challenge than expected.

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