His best investment was his studio.
No, seriously, Jay Maisel bought a 6-storey, 35,000-square-foot, 72-room building at 190 Bowery in Manhattan for $102,000 in 1966 and it was the best investment he could have made. Why? Because he sold it late last year for $55 million. Not a bad profit.
Personally, I think his setup is every photographer’s dream come true. Â I mean, who wouldn’t want a large, multi-storey, live-in photography studio, complete with enough room to showcase your work?
According to the article at PetaPixel, the one big drawback is that the building apparently didn’t have heat. Â That would be a problem. Â But, I think that’s one that could be corrected. Â Of course, for $55 million, he can buy another building somewhere with lower property taxes and have heat and central air!
Anyway, I thought this was super cool and thought I’d share.
Check out the photos and the, unfortunately, laughable video. Â The photos of the interior are pretty spectacular.
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How One Photographer Got Rich | Diary of a Network Geek
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