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Podcast: Read & Repeat
Episode: EP44 The Liar's Ball
Description: Vicky Ward’s “The Liar’s Ball” gives us a lens into the famous 2003 sale of the GM Building, one of the most valuable real estate buildings in American history. We’ll see how numerous real estate titans, from William Zeckendorf to Sam Zell, all played a role in this asset’s history - while we’ll particularly focus on the decisions made by the protagonist, Harry Macklowe. Macklowe’s journey to owning the GM Building teaches us vital lessons about excessive leverage and unlimited ambition, as he sought to build a legacy in the elite New York real estate world. I...