Time magazine is out with its TOP 10 best and worst lists for the year. Topping the roster of the worst business deals is none other than Stuyvesant Town-Peter Cooper Village, which is valued at $1.8 billion–less than half the eye-popping $5.4 billion that a conglomerate led by Tishman Speyer and Blackrock paid for the Manhattan apartment in 2006.
But Larry Fink, head of Blackrock, gets a pass. He is named in the mag’s list for top 10 biz deals, as the guy who bought out ETF shop Barclays Global Inevstors, making it the big daddy of money managers with a staggering $3.2 trillion in assets.
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