Word: milstein
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Dates: during 1990-1999
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...recession or on the brink of one, and corporations are shrinking their office space. At the same time, developers are feeling the effects of a global credit crunch. Finally, banks are wary of assuming greater exposure in the real estate business. James Yasser, a senior vice president at Milstein Properties in New York City, sounds a familiar refrain: "Everything went right during the '80s, and now everything is going in reverse...