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NEW YORK CITY—The top three “Worst Deals” of the past 10 years were, according to respondents of a Globest.com survey, all multi-billion dollar sales transactions on properties in Manhattan.

Running away with the dubious victory in this category is the Tishman Speyer/Blackrock joint venture purchase of Stuyvesant Town-Peter Cooper Village in 2006 for $5.4 billion. Tishman Speyer/Blackrock gave up control of the property earlier this year after missing debt payments. The survey of real estate executives was conducted as part of the 10th anniversary of commercial real estate website Globest.com.

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