Doug Lawrence: Co-Portfolio Manager At 5 Stone Green Capital

“The apartments were priced for pioneers. So, a two-bedroom apartment was $50,000. Where else could you find that in New York City, even 20 years ago.”

“I was looking for a place to move my family that was quieter than Manhattan with parks, cleaner living overall and not a lot of transportation issues into Manhattan where we were working. The Long Island City train is four minutes from Grand Central, 11 minutes Times Square and seven minutes to 5th Avenue. And you’ve got an incredible view waterfront view that's unduplicated anywhere else in the country, in the world. It was just a matter of time before zoning would catch up with the opportunity.”