In one of the greatest real estate investment returns in New York City history, photographer Jay Maisel sold his residence at 190 Bowery to developer Aby Rosen for $52M. The kicker? Maisel bought the nondescript six-story building and converted it into a home for his family 42 years ago for a comparatively paltry $102,000. #newyork #realestate #investment #dreamlivingLA

via Tatiana Derovanessian Real Estate http://ift.tt/1DZx0t0