Next Goldman M&A Target: Brooklyn Heights?
We got an email a few days ago from a regular tipster who’s always been right in the past so we’re tempted to give him the benefit of the doubt this time around. While pointing us in the direction of a recent sale on Joralemon Street, he noted that the buyer happened to be a…
We got an email a few days ago from a regular tipster who’s always been right in the past so we’re tempted to give him the benefit of the doubt this time around. While pointing us in the direction of a recent sale on Joralemon Street, he noted that the buyer happened to be a Goldman Sachs executive. This was, he claimed, part of a trend that’s seen members of the city’s most successful investment bank crossing the East River (more than usual) in recent months to buy a piece of the rock in Brooklyn Heights. Another broker we quizzed, who has several Goldman clients looking in the neighborhood at the moment concurred, said he knew of two Goldman deals that have taken place in recent weeks. The only bank where bonuses are expected to rise significantly this season, Goldman bankers and traders are certainly in the best position to snap up those $5 million-plus houses. Think there’s anything to this “trend” or has it just always been so?
I have heard about a bunch of people in Brooklyn Heights interested in installing video cameras on the outside of their townhouses.
That’s all I know about it though.
Sorry to have to feel I might as well weigh in on this overly long thread. Considering the small size of FG, there are many people in finance and many lawyers working at large firms who now live in FG. Yes, there are “buppies” and noticeably “mixed” couple which is wonderful. FG continues to be a neighborhood where people who might not “fit in” elsewhere can feel more comfortable.
Also, remember, there are those who do not have to “make” their money working. There are relatively wealthy people living in many places. The boomer generation spawned many (of us) form certain backgrounds we rejected to some extent. For example, we have a friend who is an artist and who just bought a building in Red Hook! She didn’t sell her other places. She wanted to be able to live and work sometimes in a big space with a view of the water.
Personally, I find BH kind of boring with very perfunctory restaurants (and some bad ones) and a general blandness. We go all over (and Manhattan of course) so living in FG is not a prison sentence.
When the parents of young couples (art students and such with no real job history) are buying two and three million houses for them…well… That’s how it goes.
A late friend of ours, a billionaire, liked to visit us and even slept in a TWIN bed! Granted, he belonged to every country club in California, but he liked stopping off to visit and have a regular stay without all the fanfare.
This younger set seems not to realize that the wealthy are sometimes trying to get away from it. Granted, one thing I’ve worried about is if the very wealthy who visit or live in Brooklyn will somehow be vulnerable to crime, etc. but I guess that can happen anywhere.
A friend who lives on Staten Island felt that the very wealthy would not live any place there is not surveillance. Is this true?! Is this the idea circulating among the upper middle class?
TheGrammarLady
First of all, this blog is not about Brooklyn, or the 75% of it that isn’t included in its discussions.
Secondly, as someone who drops in from time to time, it’s like coming across 500 monks arguing about how many angels can fit on the head of a pin. WHO CARES!
Blue Ribbon? Is that like Masa?
but you read and post comments on a blog entirely about brooklyn.
how interesting…
Brooklyn is a backwater. Most Manhattan people have never been there and never will, and their lives will be no less rich because of it.
Brooklyn is just another overprice suburb.
miniature d*ck at goldman sachs.
What’s an MD at GS?
you mean dawson’s crack?