The Detroit News published today the welcome news that Real Estate Mogul and Property Investor Tony Goldman is about to begin purchasing in Detroit in a big way.
“I make a critical mass statement,” Tony Goldman said in a telephone interview Tuesday from Miami. “I’m a neighborhood builder, and an investment in one building is not going to do it.”
The chairman and CEO of New York-based Goldman Properties Co. says he is “about 90 days” away from sealing deals that would make that kind of investment statement in Detroit.
Goldman has been an early investor in depressed urban neighborhoods for four decades, and many of those investments have paid off. The areas include New York’s Wall Street Financial District and SoHo neighborhood, the Center City in Philadelphia and, more recently, the warehouse district in Miami’s Wynwood area.
Goldman’s track record shows he tends to buy multiple properties in an area and often focuses on creating restaurants as well as renovating hotels and housing.
“Why wait to invest in Detroit, I follow my instincts. Now’s the time” Real Estate Mogul and Property Investor Tony Goldman
When Tony Goldman makes his move others are sure to follow and this can only be positive for Detroit.
Tony Goldman, right, toured Eastern Market with developer Phillip Cooley in May. (Max Ortiz / The Detroit News)