DECLINE AND FALL
America’s most famous hotel was once a cultural landmark. Now it’s a warren of mostly vacant condos owned by absentee billionaires. Its decline began the day Trump bought it.
Julie Satow, author of The Plaza: The Secret History of America's Most Famous Hotel, is an award-winning journalist who has covered real estate in New York City for more than a decade. A regular contributor to the New York Times, her work has also appeared on National Public Radio, the New York Post, HuffPost, and elsewhere.
A hastily drafted moratorium on foreclosures has kept many New Yorkers in their homes. It's about to change.
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Real estate projects across the country are frozen thanks to the Lehman Bros. bankruptcy.