Lower East Side Update: LES to Benefit from Lin Mania…
For those of you who don’t know, Jeremy Lin is basketball’s (and the Knicks’) newest sensation. He has surely reinvigorated the sport and New Yorkers’ interest in the team. So what does Harvard grad Jeremy Lin have anything to do with real estate other than the fact that he “spends most nights on a couch in a one-bedroom apartment on the Lower East Side”? See New York Times article on Lin, http://www.nytimes.com/2012/02/08/sports/basketball/jeremy-lin-has-burst-from-nba-novelty-act-to-knicks-star.html?_r=1
Well, according to New York Mag there are many beneficiaries of Lin Mania including the Lower East Side. Not only do the bars around Madison Squared Garden stand to benefit, but everyone knows that the Lower East Side is where “musicians and artists and wealthy people who like being surrounded by those types live” but it is also a place where NBA stars such as Jeremy Lin live.
Click here for a larger list of beneficiaries of Jeremy Lin’s rise to stardom, http://nymag.com/daily/intel/2012/02/whos-benefiting-from-the-jeremy-lin-economy.html