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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: marginmike who wrote (30712)10/24/2000 1:49:08 PM
From: LLCF  Read Replies (4) of 436258
 
NY is the center of 'ClownBuxdom', and the NY Art Mkt is the pinnacle of that, so that is a meaningful anecdote IMO. That jibs with what I see here.... where the most speculative fringe stuff is being cut... Finovia, a commercial lender here is in deep doo doo. The cranes NEVER stop putting stuff up until well AFTER the end is obvious. The powers that be assume it's better to 'finish the project' and hope something good happens.

DAK
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