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 just had a piece of jarlsberg. It was so fresh, buttery, and absolutely delicious. I am in love.
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“Novel on old money vs. new”? You mean “essay”. And it was NOT about “old” vs. “new” money. There is a lot of so-called rather new money out there with their kids or grandkids who do not work (are in grad programs forever it seems…or other endeavors) and live in downtown Brooklyn without being flashy. And, frankly, some “old” money can be very flashy and ridiculous, especially the younger set getting into all sorts of trouble. It depends to some extent on personalities.
Why I do I bother? Have reading skills fallen off the chart? Kids who can’t read more than a couple of sentences before their eyes glaze over?
Hhhh…
TGL
I stopped reading GrammerLady’s post maybe three sentences in. Got tired.
it was a joke, grammar “lady”
but thanks for the novel on old money vs. new.
i think you need to get out a little more.
And PS
Yes, the mayor has been to Fort Greene.
TGL
“FG/Grammar Lady: TMI! TMI! No one cares who your richie friends are, or that they loove FG.
Posted by: guest at December 11, 2007 4:36 PMâ€
“i’m not sure the city’s own billionaire mayor has ever been to ft. greene, much less your friend, grammar “lady.”
Posted by: guest at December 11, 2007 4:40 PMâ€
**********************
Frankly, I am shocked at the innocence (and knowitall attitude) of what I assume is the younger side of the readership on this site. To 4:40PM, why would you think that people who are wealthy do not visit their friends? Is it because they somehow have too much money to visit places lower on the scale than 10021 or Palm Beach? Goodness. Even very wealthy people travel everywhere, especially if they are not well known in the press or on TV.
Speaking of which, has TV seemingly brainwashed you kids to think that the very wealthy are constantly flying around in private helicopters and jets? Very wealthy people, especially getting older, don’t necessary want to be flashy or draw attention to themselves or even, necessarily, want to be isolated or cut off from society. Our late friend I was referring to above would rent a boring car when he flew in from California. He didn’t live in an enormous house on the West Coast and he shunned having residences all over the country. He liked visiting his friends and would stay in hotels if need be. Yes, he spent quite a bit on art and travel but he didn’t sit down to eat caviar every night on his private jet.
Just as the lady above mentioned that her husband is a managing director, they live in Brooklyn Heights, and they mostly cook at home. Now, I doubt they’re very, very wealthy but they are surely very comfortable. They’re not running around to the highest end restaurants every night because 1) they’re probably glad to get to spend time at home together 2) shun flashiness 3) not nouveau riche or young enough that running around is that appealing any more. It seems they take pride in their home which is fine.
As I pointed about above, please realize there are very wealthy families buying houses for their kids who do not really make a living of their own. They are not squeaking through some loan process. They’re plunking down two to three million dollars in places like Park Slope, Cobble Hill, etc., and yes, Fort Greene. It may be a sad reality for those who have to work hard to make ends meet and watch rents increasing so fast. I’m frankly sorry that this is happening. I really am. It’s like a great train wreck happening in slow motion while they are pushing the engine to go at record-breaking speed.
To Mr. What,
Please clean up your language. Why does an adult have to carry on the way you do? It is very unpleasant. It turns off a number of people so they stop listening.
TheGrammarLady
All kidding aside, I happened to find myself on Pierrepont street the other day and was amazed at how beautiful Brooklyn Heights really was. I wish I could afford it. But then again, I wouldn’t want to be surrounded by a homogeneous group of Wall Streeters anyway.
thought it was bitches ‘n ho’s?