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BisnowTV: The Story Behind Richard LeFrak's NYC Family Real Estate Empire

Lisa Knee, partner at EisnerAmper, and Richard LeFrak, chairman and CEO at LeFrak Organization, sat down at Richard's 40 West 57th St, on Billionaires Row to discuss:

  • (00:24) How the LeFraks got started in commercial real estate at the turn of last century
  • (02:18) The importance of family legacy
  • (02:52) The history and success of NYC landmark LeFrak City
  • (05:23) Developing Ellipse, the massive residential project off the Hudson River in Jersey City
  • (10:35) The history of 40 West 57th St on Billionaire's Row
  • (11:55) Urbanization and the return of Millennials to forgotten neighborhoods
  • (13:17) Affordable housing, rising construction costs and New York City