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Replying to @SolBrah
Boy they're gonna clean up on the investments in downtown Newark real estate that they made in ... 1968... eventually when Newark real estate become valuable again.
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If this is the degree of squinting necessary to make the argument work, it's not a great argument.
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Yes. City is also full of stories of long time big property owners who sold off chunks in Manhattan or Brooklyn for (figurative) pennies a few years before they were worth millions - years after the initial drop. Basically every real estate transaction in the early 90s.
2:17 PM - 25 Apr 2021
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