Veterans of the 80's Return to the Wars
THEY were among the real estate industry's household names in the 80's, the ones on the buy or build side of almost every New York City deal. And then the recession came, and the old-time entrepreneurs -- dealmakers like Francis Greenburger, Dick Berry, Joe Newman, Larry Silverstein, Joe Bernstein, and his brother, Ralph -- seemed to simply stop doing deals here. Some, like Joseph Newman, lost the real estate empires they had so painstakingly built over the prior decades. Others, like Stephen Green, held onto what they had, but turned their energies to lower-profile activities like third-party management. Others, like Bernard Mendik, spent most of their time refinancing and refurbishing buildings. Still others, like Richard Berry, set their sights outside of beleaguered New York, and snapped up land in the Sun Belt, in Philadelphia, even overseas.