What Trump, the Experienced Builder, Can Teach Mamdani About Affordable Housing at New York City
By HOWARD HUSOCK
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This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
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Lehman Brothers Holdings Inc. may shift about $32 billion of commercial mortgages and real estate to a new company that will be spun off in a move similar to the good-bank-bad-bank model used in the 1980s banking crisis, two people briefed on the discussions said.
By HOWARD HUSOCK
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By ALEXANDER LARMAN
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By SHAILI SINGH
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By BENNY AVNI
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By GEORGE WILLIS
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By CAROLINE DOWNEY
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By JOSEPH CURL
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By LUKE FUNK
|Lehman Brothers Holdings Inc. may shift about $32 billion of commercial mortgages and real estate to a new company that will be spun off in a move similar to the good-bank-bad-bank model used in the 1980s banking crisis, two people briefed on the discussions said.
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