From the August issue: Back in 1980 - as oil prices were peaking in the aftermath of the Iranian Revolution - Israeli shipping magnate Sammy Ofer felt the itch to diversify his billion-dollar maritime empire. Enlisting his then 30-year-old son, Eyal, as his proxy, Ofer waded into New York's real estate market, paying $800,000 for a brownstone on 42nd Street near Fifth Avenue that he quickly flipped for $1.8 million.
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Showing posts with label These are NYC real estate's quiet money backers. Show all posts
Showing posts with label These are NYC real estate's quiet money backers. Show all posts
Tuesday, August 2, 2016
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