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?
10:22
Good snooty reply.
But false. I do not see these folks at the Casino or anywhere else in the neighborhood. I guess you don’t quite understand what sort of wealth we are talking about.
keep the filthy rich jackasses in BH please!
10:00 back. Used to work at GS, so I know where it is. Current locations are much much more convenient to BHS than the new ones — high st is _NOT_ convenient to the southern part of the heights. The ride home is much longer in the town car — late at night it only takes 5-10 minutes now. High st or Jay sts are another 5-10 minutes walk, and the walk at the other end is also a pain in the ass. Might as well move to JC or Hoboken. Even DUMBO is more convenient to new GS HQ.
My point on midtown is that it is very hard to get to the 50s from BHS — you have to transfer.
makes sense to me.
Guess you don’t hang at Heights Casino 10:18. They’re around, just not where you are.
And Packer is FULL of local IB kids. St Anns is full of kids from Manhattan and doesn’t have a lot of room for the locals.
It is true that the Heights is known for its good schools but we have noticed that these uber-rich folks do not send their kids to Packer or St. Ann’s, the kids go to shcool in Manhattan. Every weekend is spent in the Hamptons or elsewhere. These families have very weak conections to the neighborhood. They don’t walk the few blocks to the subway because a towncar picks them up. They don’t walk their dogs themselves. They are like phantoms. They live in the city but their hearts and minds are in a gated community somewhere else.
GS does not have an office in Midtown so I don’t really understand your comment 10.00am. Their main NY offices are located at 85 Broad Street (Head Office), 180 Maiden Lane, and 1 New York Plaza – all downtown. Their opperations / technology division is based in that huge building in Jersey City. They are also building a brand new building close to ground zero where they will be centralizing their New York divisions.
Park Slope would also appeal as it’s served by the 2, R and M trains, which only take 15 to 20 mins to the financial district.
How can you say it’s a pain to get to midtown from BH? Honey, you can get ANYWHERE from BH: you have the choice of the 2/3, 4/5, M,N, R, J, C and F.
someone could make a killing opening up another 30k a year grade school in BH.