In "Other People's Money," Charles V. Bagli offers a riveting narrative that delves deep into the heart of one of the most catastrophic failures in real estate history, encapsulated by the fall of Stuyvesant Town-Peter Cooper Village. Through meticulous research and captivating storytelling, Bagli unravels the complex web of ambition, greed, and oversight that led to the evaporation of billions of dollars invested by some of the world's most trusted financial giants. This book is not just the tale of a single real estate deal gone awry; it's a panoramic view of the economic forces and personal ambitions that fueled a global financial meltdown, presented through the lens of a community that stood at the epicenter of a storm. With an insider's perspective and the analytical prowess of a seasoned journalist, Bagli explores the intricate details of how Tishman Speyer and BlackRock, alongside their investors—including sovereign wealth funds and pension plans—were blindsided by a crisis that seemed inevitable in hindsight. "Other People's Money" is more than a post-mortem of a real estate debacle; it's a compelling chronicle of human aspiration, flawed judgment, and the intricate dance between power and principle. Bagli masterfully connects the dots between the high stakes of international finance and the impact on the lives of everyday people, making this book an essential read for anyone seeking to understand the fragile interplay between the world of real estate investment and the broader economy.