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The Largest U.S. Property Bankruptcy Filed by General Growth Properties

by Joshua Dorkin | April 16, 2009

Image via Wikipedia In yet another sign that the economic downturn can gobble up companies small and large alike, Bloomberg is reporting that General Growth Properties, the owner of such prime properties as Faniel Hall and the South Street Seaport, filed the biggest real estate bankruptcy in U.S. history. The company had accumulated “$27 billion [...]

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