Why it’s called a bullet loan: Part 2, the dodge
[Continued from yesterday's Part 1.]
Yesterday we explored the risks in taking out a bullet loan, starring Harry Macklowe, as profiled in this intriguing story from the New York Times:
Despite the problems hanging over Mr. Macklowe’s holdings, some analysts say that it would be a mistake to count him out. This is the third time Mr. [...]
