Offers profiles of the top real estate brokers in the country, explains why large deals involve so much risk, and shares an inside look at major real estate deals and power plays
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Business writer Powell is highly readable and at times exciting as he describes the development of high-rise office towers, spectacular retailing malls, atrium hotels and waterfront marketplaces the often enormously complex real-estate projects involving billions of dollars that in a generation have changed the financial systems, big-city politics and physical profile of America. The conception and birth of New York's IBM building, the Atlanta Hyatt-Regency, Boston's Hancock Tower, Pennzoil Place in Houston and dozens more are detailed vividly. Powell offers stories of personal triumph and heartbreak: the Reichmann brothers, Toronto financiers who reputedly make 730,000 per day; the feuding Bronfmans; Texas developer Gerald Hines, who "changed the way architects work"; architect Philip Johnson, who changed the way business structures look; hotel owners Harry and Leona Helmsley, who make a game of it all; Donald Trump, now on a roll; and William Zeckendorf, who as top dog in New York gambled and lost.
Copyright 1986 Reed Business Information, Inc.
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