We all want to be real estate investment moguls, but when you see the hard work and dedication that it takes you understand that making millions in real estate is not only getting the get rich quick kit from the television infomercial. Nathan Brodsky exemplifies the grit and determination to be successful in real estate. He started with very little and ended up owning a large portfolio of properties in Manhattan. From a modest beginning in Hells Kitchen to his present fortune, he  is an example on how to build a real estate portfolio. Nathan Brodsky, RIP. 

Nathan Brodsky, known to friends and family by his nickname, Jon, was born on June 14, 1917. His parents, Morris and Bella Brodsky, immigrants from Russia, lived in the Hell’s Kitchen neighborhood of Midtown Manhattan and eked out a living as tailors. Mr. Brodsky, who dropped out of the University of Wisconsin, served in the Navy during World War II.
After the war, Mr. Brodsky started a small real estate brokerage firm, Village Realty. One by one, he bought about 30 small buildings in the West Village, renovated them and rented the apartments for about $40 to $50 a month. In the late 1960’s, Mr. Brodsky began buying old residential hotels, most of them facing bankruptcy; he renovated them and converted them to rentals. Among them were the Carteret Hotel on West 23rd Street, the Fifth Avenue Hotel at 9th Street and the Beaux Arts on East 44th Street. In those days, a studio with a view at the Carteret rented for $125.
In 1981, Mr. Brodsky and his son formed the Brodsky Organization and moved into construction of what would eventually be 12 apartment towers in Manhattan.

Nathan Brodsky, 89, Chief of Real Estate Corporation, Dies – New York Times.

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