Anthony Morena: Real Estate Investing in New York City

In this episode, Anthony Morena details how Mortar Group has invested in real estate in New York City for more than 20 years. Mortar Group is a boutique real estate firm specializing in ground-up builds and value-add renovations. Anthony talks about the Mortar Group’s ​​unique approach to real estate and architecture, the New York City real estate market, and how being a small boutique firm translates to added value for investors. Discussion topics include:

• Renovations and ground-up construction
• Carving out a market as a boutique shop
• Identifying NYC neighborhoods to invest in
• Buying at a good entry point
• Condensing the timeline on returns for investors
• Investment cycles in major cities
• Diversifying investment returns
• The importance of communication for a small firm

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