Back to feeds

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

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

Image Description
Image Description

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.

See More
6 replies16 likes
1

FoundrBite

Stealth • 19d

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

See More
0 replies2 likes

Download the medial app to read full posts, comements and news.