The real estate recovery has been good to him, but Douglas Durst is not especially happy about the financial landscape that emerged from the rubble of the early 1990s.

The 53-year-old scion of one of New York's most prominent real estate families-who is moving ahead with one of the city's biggest construction projects in a decade with a $340 million financing package led by Bank of New York-jokes that the main change in his relationships with bankers is that there are "a lot fewer" of them to have dealings with.

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