Wednesday, September 24, 2003

Oooh! My deal made the Times!

Well, now I must be important. One of my deals got a write-up in the New York Times.

The short summary of the deal is actually pretty good:

Members of the family that founded the Reckson Associates Realty Corporation, the Long Island-based real estate investment trust with more than 20 million square feet of office and industrial space in the New York area, are in the process of taking part of their properties private in a $315 million transaction.


Of course, the Times then goes on to say that Israel's policies are to blame for the condition of industrial real estate on Long Island, and that in the absence of any evidence of WMD, the deal is inappropriate at this time.

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