March 11, 2019
Interviewed by: David Snow
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Why ‘Peripheral’ NYC Is a Hot Investment

New York City is the ultimate “gateway” city and as such a major magnet for global real estate capital. And yet expensive real estate bets can be placed within a commute of Manhattan—cities like Yonkers and Jersey City. A veteran real estate investor and former city policymaker discusses his firm’s current strategy to invest on the periphery of New York and how perceptions of neighborhoods and commuting are changing.

New York City is the ultimate “gateway” city and as such a major magnet for global real estate capital. And yet expensive real estate bets can be placed within a commute of Manhattan—cities like Yonkers and Jersey City. A veteran real estate investor and former city policymaker discusses his firm’s current strategy to invest on the periphery of New York and how perceptions of neighborhoods and commuting are changing.

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