In 1996 we bought our first townhouse in New York City. We paid $450,000 for a brownstone on 19th St. between 8th and 9th Ave. that had been vacant for four years. Everybody we knew told us we were crazy to buy it.
from Apartment Therapy | Saving the world, one room at a time http://www.apartmenttherapy.com/robert-novogratz-on-leaving-ny-for-los-angeles-228675
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