
Episode #6
A Billion Dollar Portfolio Gone
<p>Depositions from one of New York’s best-known family real estate operations went public last week, and the testimony is a portfolio construction seminar in reverse. A portfolio valued near a billion dollars less than four years ago is now described as deeply negative. Inside: major lessons to take away, and how just a fraction of the overall portfolio to eviscerating 35 years of work and hundreds of millions of dollars of equity.</p>





