Paul Reichmann made, lost fortunes in New York, Toronto, London real estate

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Paul Reichmann, who as a boy fled Europe with his family to escape the Nazis and grew up to “transform” Toronto, New York City, London and Mexico City “with unheard-of projects at the time,” died today at age 83.

Reichmann and his brothers Albert and Ralph bounced back after their company was forced into bankruptcy in 1992 after becoming overextended in London’s “audacious” Canary Wharf project. In 2003, he built what was at the time the tallest building in Latin America, in Mexico City. Source: financialpost.com