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Money and Finances
Reply to "Signs once wealthy now in genteel poverty?"
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[quote=Anonymous]Mr. Bronx himself. Years ago met an old man who still owned multiple run down buildings in the Bronx all rented out. But mostly crap. Story goes he is from the Bronx Family and they have been going downhill the last 150 years. His idiot relatives for instance owned the land under the original Yankee Stadium built. One relative decided to make a quick buck and sold it rather than rent it to Yankees. That decision alone was like a one billion dollar loss. Over decades they sold off one by one more valuable plots and buildings as generation cash out. Leaving this old man with a bunch of run down rent stabilized buildings [/quote]
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