Midtown: You Don't Have to Be a Billionaire to Live There
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Midtown: You Don't Have to Be a Billionaire to Live There
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Much has changed in the past month and everybody’s asking Rosemarie: Is another crash in real estate coming? Well, she’s not a Cassandra, in the business of predictions, though she can give you some reassuring facts in this episode.
The spotlight this month is on Midtown Manhattan with a shout out to a fabulous new book: The New Kings of New York by Adam Piore, which delves into details about the developers, Steve Ross, Harry Macklowe, Gary Burnett, Will and Arthur Zeckendorff, amongst others. They took a chance and built luxury condominiums in the sky to attract international buyers who saw New York city as a glamourous, but above all, stable place to invest in.
You don’t have to be a billionaire to live in Midtown Manhattan! Outside of the tall towers there are, believe or not, cheap apartments. And young millennials, priced out of Greenwich Village and Tribeca, are moving in.
Enjoy this episode’s Deane Gets It Done story: Everything is riding on the kitchen sink? Even though you are a big developer spending millions on construction, it pays to listen to your buyers.
Plus, she has another notable quote about real estate; can you guess who said it? Listen and if you know, email Rosemarie at here!