Is Real Estate Developer a Lucrative Career?
Leading Real Estate Developers
Real Estate Urban Developers and Builders are at the forefront of entrepreneurship in NYC. Mr. Joseph Sitt, founded Ashley Stewart, a clothing chain that sells plus-size apparel for African American women. His company has generated over $400 Million in sales. Mr. Sitt wanted to bring high-quality retail stores to the urban community. In addition, he founded Thor, a Real Estate developing company that has 6-million-square feet portfolio. Thor is worth approximately $750 million in revenue and growing. Kushner Companies is also an Urban Real Estate Developer in NYC. They have a diverse history in developing the 830,000 square feet watchtower and luxury residential towers. Kushner Companies has reshaped the way NYC urban communities live and work.
NYC Real Estate developers earn?
NYC real estate development is a hotspot for well-known celebrities and proves to be a lucrative career. Namely Taylor Swift, Adam Levine, Behati Prinsloo and Katie Couric. In like manner, they have all purchased a home in NYC. Stephen Schwarzman, NYC Real Estate Mogul, is CEO of Blackstone Group LP. Although the Blackstone Group LP offer financial services they also invest in Real Estate. They have invested over $5.5 billion into residential single-family rental homes and $3.5 billion in office buildings. However, they received approximately $28 billion in return.
Why Real Estate Developer?
The time to become an NYC Real Estate Developer and builder is now. However, keep in mind that location is the most important feature when considering a development project. A potential developer can rebuild a community in the right location. She can change the way a community lives, work and shop. A Real Estate Developer and builder has the ability to bring a high-end sophisticated culture to the urban community. Your impact on the community is unlimited. Join the exciting and evolving community of Real Estate development and accumulate wealth.