Robert Moses Seized Power using Constitutional Law
Imagine creating a powerful “parallel government” that you control where elected officials have little power to check your ambition. Then using that power to reshape the face of New York City. This is exactly what Robert Moses did from the 1920’s through the 1960’s.
There is much controversy in Moses’ methods-as he used eminent domain to ruthlessly obtain & clear those neighborhoods & property owners who opposed his plans-installing public parks, highways, & bridges. The infrastructure created from his life’s work arguably made New York City the world class city which it remains today.
It ain’t all Peaches & Cream-the Real Estate Business
As all real estate developers are keenly aware, not every likes what we do. You buy a rental in a neighborhood hoping values increase-and when they do, you’re vilified as “driving gentrification.” And you were just trying to provide some decent housing in exchange for a risk adjusted profit.
Or, in attempting to replace a lot containing a vacant & deteriorating home with affordable, brand new houses, someone suggests that the historical society designate that structure a landmark to prevent the development. This is where an unpermitted, ruthless bulldozer “accident” (demolition) may solve the problem.
The Power Broker – for Developers & Investors
When you have a spare 66 hours of audio book time, I highly recommend The Power Broker by Robert Caro. Developers & investors will notice the following lesson: Driving the continued evolution of humanity and the physical civilization through real estate development & investing sometimes invites persecution, but it is necessary to stay the course and see the project through to completion for the greater good.
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- Industrial & Commercial Property, 10K sq. ft. – 250K sq. ft.
- Farmland, 40 Acres or More Tillable & Producing Crops
- Mobile Home Communities (50 pad minimum)
- Well located Retail Development Sites
- Residential MFR & SFR
- Located anywhere in the U.S.
- Value Add Required-There MUST be a path to push the value
Recent Portfolio Exit Volume
- 2021 $54,615,000
- 2022 $54,547,000
- 2023 $57,489,000
- 2024 $52,164,000
- 2025 YTD $40,374,000