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Ex-Treasury Secretary and Comptroller Attempts to Rescue NYCB

Bloomberg Businessweek

CHAPTER

Strategic Investment and Real Estate Market Dynamics in Miami

The chapter explores US Treasury Secretary Steve Mnuchin's investment in NYCB, detailing the strategic plans to reshape the bank and the initial success of the partnership with investors. It delves into the challenges and opportunities in Miami's real estate market, from rising home insurance costs to the influx of financial professionals impacting property prices and the presence of crypto enthusiasts in real estate transactions.

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