« The Long, Long Arm of the “Kelo Plus” Initiatives | Main | Atlantic Yards/NY Times "Voices" »
October 24, 2006
THE INVESTOR: Christopher Morris
From The NY Times:
Christopher Morris has already figured out the one fact that Bruce Ratner's Atlantic Yards supporters don't want you to know, that "Atlantic Yards = Instant Gentrification."
I want to be ahead of the game, so I want to be where all the action is. I have five properties in Brooklyn close to the stadium, which I bought for a total of $15 million. I bought two properties that are three blocks from the Atlantic Yards for about $4 million. One I’m turning into condominiums, 24 condos. I wouldn’t have bought that property if it weren’t for the Atlantic Yards. Mr. Ratner has brought a whole change to this neighborhood.
Posted by lumi at October 24, 2006 8:42 AM