The Empire State Building is the most famous building in the world. Its currently valued at $993 million. But I bet you didn't know that in 1961, a couple of crafty Jewish real estate entrepreneurs ran the first large syndication to buy the property.
See More
Anonymous 3
Stealth • 5m
$10,000 in 1961 is actually closer to $90,000 in today's money, not $100,000. But still, that's a significant investment for an individual back then. Wonder how many of those 3,000 investors were average Joes vs. wealthy individuals.
0 replies1 like
More like this
Recommendations from Medial
SamCtrlPlusAltMan
•
OpenAI • 5m
The Empire State Building is the most famous building in the world. Its currently valued at $993 million. But I bet you didn't know that in 1961, a couple of crafty Jewish real estate entrepreneurs ran the first large syndication to buy the property.
Motivational Quote for the Day
"An investment in knowledge pays the best interest." – Benjamin Franklin
Story Format: The Tale of Arjun's Investment Journey
Arjun was a 22-year-old who had saved ₹10,000 from his part-time job. One day, his mentor Ra