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A veteran New York Times reporter dissects the most spectacular failure in real estate history Real estate giant Tishman Speyer and its partner, BlackRock, lost billions of dollars when their much-vaunted purchase of Stuyvesant Town–Peter Cooper Village in New York City failed to deliver the expected profits. But how did Tishman Speyer walk away from the deal unscathed, while others took the financial hit—and MetLife scored a $3 billion profit? Illuminating the world of big real estate the way Too Big to Fail did for banks, Other People’s Money is a riveting account of politics, high finance, and the hubris that ultimately led to the nationwide real estate meltdown.
Seattle's first black resident was a sailor named Manuel Lopes who arrived in 1858 and became the small community's first barber. He left in the early 1870s to seek economic prosperity elsewhere, but as Seattle transformed from a stopover town to a full-fledged city, African Americans began to stay and build a community. By the early twentieth century, black life in Seattle coalesced in the Central District, a four-square-mile section east of downtown. Black Seattle, however, was never a monolith. Through world wars, economic booms and busts, and the civil rights movement, black residents and leaders negotiated intragroup conflicts and had varied approaches to challenging racial inequity. Despite these differences, they nurtured a distinct African American culture and black urban community ethos. With a new foreword and afterword, this second edition of The Forging of a Black Community is essential to understanding the history and present of the largest black community in the Pacific Northwest.
Loren Miller was one of the nation’s most prominent civil rights attorneys from the 1940s through the early 1960s and successfully fought discrimination in housing and education. Alongside Thurgood Marshall, Miller argued two landmark civil rights cases before the U.S. Supreme Court, whose decisions effectively abolished racially restrictive housing covenants. One of these cases, Shelley v. Kraemer (1948), is taught in nearly every American law school today. Later, the two men played key roles in Brown v. Board of Education, which ended legal segregation in public schools. Loren Miller: Civil Rights Attorney and Journalist recovers this remarkable figure from the margins of history and for the first time fully reveals his life for what it was: an extraordinary American story and a critical chapter in the annals of racial justice. Born to a former slave and a white midwesterner in 1903, Loren Miller lived the quintessential American success story, blazing his own path to rise from rural poverty to a position of power and influence. Author Amina Hassan reveals Miller as a fearless critic of those in power and an ardent debater whose acid wit was known to burn “holes in the toughest skin and eat right through double-talk, hypocrisy, and posturing.” As a freshly minted member of the bar who preferred political activism and writing to the law, Miller set out for Los Angeles from Kansas in 1929. Hassan describes his early career as a fiery radical journalist, as well as his ownership of the California Eagle, one of the longest-running African American newspapers in the West. In his work with the California branch of the ACLU, Miller sought to halt the internment of West Coast Japanese American citizens, helped integrate the U.S. military and the Los Angeles Fire Department, and defended Black Muslims arrested in a deadly street battle with the LAPD. In 1964, Governor Edmund G. Brown appointed Miller as a Municipal Court justice for Los Angeles County, honoring his ceaseless commitment to improving the lives of Americans regardless of their race or ethnicity. “Either we shall have to make democracy work for every American,” Miller declared, or “we shall not be able to preserve it for any American.” The story told here is of an American original who defied societal limitations to reshape the racial and political landscape of twentieth-century America.