Nathan Brodsky, RIP
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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.
Am I the only one that finds it odd that the ONLY place that looks to be seriously warming is ...
It seems there are numbers posted about how much it could cost the US in home sales from people holding ...
The only people holding off will be those that are financially secure and can manage to hold off. How ...
What an awesome way to generate traffic for a story. Were they trying to time that for Sweeps Week? ...
That's awful. I wonder if using that tactic , if a building can be sold or used as collateral. ...
Good point about people possibly holding off now. The 4.5 percent interest rate could be a self-fulfilling prophecy. 
wow this is a wonderful creation...............i would like to be there once even in my life time........... 
Absolutely agree with Jon, excellent site and very imformative. Keep reporting to us please! 
I will say that had I never been to that site and seen Dean's many deals that he documented and ...
Great Real Estate
post ... very interesting. 
