The 'walkaway' double standard

Mood of the Market

Get Smarter. Grow Your Referral Network.
Limited seating available for Inman Connect San Francisco

The traditional American set of values includes liking things big. We like extremes. The biggest, best, fastest, record-setting specimen of anything tends to get our attention.

So, in 2006, when Tishman Speyer Properties led a group of institutional investors in purchasing the 56-building, 11,232-unit Peter Cooper Village and Stuyvesant Town apartment complex in New York City for $5.4 billion dollars (that’s not a typo — it’s billions, with a "b"), eyebrows went up, jaws dropped, and the deal was duly noted in the record books as the largest residential property purchase in the nation — ever.

You know what they say: "The bigger they are, the harder they fall." In that uncanny way those old clich