| by Kenneth Chase | 82 comments

Billionaire Ken Griffin’s $238 million apartment is ‘raw’ space: Dolly Lenz Real Estate CEO


SUSAN: THEY ARE FAMOUS FOR SNAPPING UP LUXURY HOMES IN ICONIC BUILDINGS AROUND THE WORLD BUT RECENT NUMBERS SUGGEST CHINESE INVESTORS MIGHT BE TAKING A BREAK FROM THE OVERSEAS BUYING SPREE. TALK ABOUT REAL ESTATE FROM A WOMAN WHO KNOWS IT, DOLLY LENZ, WHO SOLD OVER $11 BILLION WORTH AND HER DAUGHTER JOINS US FROM DOLLY LENZ REAL ESTATE. THE CHINESE MAY NOT BE BUYING IT BUT KEN GRIFFIN SPENT $250 MILLION ON A PENTHOUSE HERE IN NEW YORK CITY. YOU THINK PROPERTY VALUES ARE EXPECTED TO DROP HERE?>>BY THE WAY, THE 230 MILLION HE SPENT IS RAW. IMAGINE WHAT IT WILL COST TO BUILDOUT 24,000 SQUARE FEET OF SPACE? SUSAN: YOU SAY RAW, BASICALLY WALLS.>>EXACTLY. SUSAN: HAS TO DECORATE?>>I DON’T THINK EVEN WALLS. JUST RAW. SUSAN: WOW, THAT IS EMPTY SPACE. A LOT OF MONEY FOR HIS DECORATETORES. GENERAL ANY, TELL ME ABOUT THE POPULAR PLACES TO BUY HERE IN NEW YORK? IS THIS STILL THE PLACE OR THE U.S. GENERALLY? IS THIS EXCELLENT PLACE TO PARK YOUR MONEY IN REAL ESTATE?>>ABSOLUTELY. WE SEE KEN GRIFFIN IS DEFINITELY VERY BULLISH ON THE MARKET BUT HE LITERALLY JUST SPENT $700 MILLION OVER THE PAST COUPLE YEARS IN THE U.S. AND ABROAD. AND THERE ARE DEFINITELY CERTAIN PLACES THAT ARE MORE ATTRACTIVE THAN OTHERS IN NEW YORK. SUSAN: SOMETHING SPECIFIC?>>SURE. WE LOVE THE UPPER EAST SIDE IN GENERAL. WE THINK IT’S A DEPRESSED AREA RIGHT NOW. WE TALK TO A LOT OF OUR BUYERS ABOUT IT. SUSAN: YOUR MONEY STRETCH AS LITTLE FURTHER IN THE UPPER EAST. WHAT ABOUT THE LACK OF CHINESE MONEY COMING INTO THE MARKET? FOR A WHILE EVERYBODY THOUGHT THAT ANYBODY THAT DROPPED $100 MILLION ON AN APARTMENT ANYWHERE IN THE WORLD CAME FROM CHINA. APPARENTLY NOT THE CASE ANYMORE WITH THE CURRENCY WEAK AND ALSO THERE ARE CAPITAL CONTROLS OF MONEY COMING OUT OF THE COUNTRY?>>THAT IS DEFINITELY AFFECTING OUR BUSINESS. 50% OF OUR BUYERS AND SELLERS ARE INTERNATIONAL AND OF THOSE, ABOUT 90% ARE CHINESE, RIGHT? SO WE ALWAYS SAY WHEN CHINA CATCH AS COLD THE U.S. REAL ESTATE MARKET GETS THE FLU. BUT YEAH, CERTAINLY IMPACTING OUR BUSINESS. YOU’RE NOT SEEING THEM SPEND AS MUCH MONEY. BECAUSE THERE ARE SOME SANCTIONS NOW. THEY CAN’T TAKE MONEY OUT OF THE COUNTRY. LUCKILY A LOT OF OUR CLIENTS REMOVED IT FROM CHINA. THEY’RE ALLOCATING IT DIFFERENTLY. SUSAN: DOLLY, FROM ESTIMATES, LOOKS LIKE A BILLION DOLLARS CAME OUT OF THE U.S. BECAUSE OF THE CHINESE ARE SELLING. I’M JUST WONDERING WHAT DOES THAT MEAN FOR PROPERTY PRICES? IS THERE A BARGAIN? HOW MUCH DO WE EXPECT THEM TO BE DOWN THIS YEAR?>>WE DEFINITELY SEE IT’S A BUYERS MARKET AND NOT TO PAT OURSELVES ON THE BACK HERE BUT BUY THE DIP. PLEASE BUY THE DIP. WE’RE SEEING SELLERS BEING MUCH MORE NEGOTIABLE FOR THIS REASON AND OTHER REASONS GOOD TIME TO BE BUYING. PEOPLE ARE NOT BITING YET, BUT THEY WILL BITE SOON. THERE WILL BE COMPETITION TO BUY PROPERTY. SUSAN: I QUICKLY YOU’RE SAYING PROPERTY PRICES DOWN 10%?>>MAYBE MORE. DEPENDS ON THE POCKET, RIGHT? IT IS ALWAYS A POCKET OF REAL ESTATE. SO THE UPPER EAST SIDE IS DEPRESSED. GREENWICH VILLAGE IS NOT. GREENWICH VILLAGE IS VERY EXPENSIVE. IT IS PEAK PRICING STILL.

82 Comments

Maria Schick

Jan 1, 2019, 11:12 pm Reply

Cry us a river

Marek Kolenda

Jan 1, 2019, 11:28 pm Reply

US could pull out from Nato because funding shortage.

Jaxx Brat

Jan 1, 2019, 11:37 pm Reply

Talk about over paying for realestate..sign of the times

RedemptionSoS

Jan 1, 2019, 12:24 am Reply

killing babies a moment before they take thier first breath could result in some bad karma for nyc..

Don P

Jan 1, 2019, 12:37 am Reply

This hedge fund scumbag is paying a 15% tax rate on most of his income.

David Craig

Jan 1, 2019, 12:44 am Reply

lol putting airheads on to discuss real estate

David Craig

Jan 1, 2019, 12:46 am Reply

This isn't the dip by the way. National prices haven't fell, supply is staying on the market longer because interest rates are rising.

One crying in the wilderness

Jan 1, 2019, 12:59 am Reply

who gives a F how much he spent on a apartment, it don't put any food on my table.

BlaaQ Hippie

Jan 1, 2019, 1:15 am Reply

Who the fuck are they broadcasting this to? Knowing 99 percent of the public are middle class and impoverished like WTF.. this shit is stupid as hell. Insensitive and very revealing. Earth is fucking beautiful..but humans can be cancer at times.

the future the past

Jan 1, 2019, 1:19 am Reply

That nose tho

Superstar Golds

Jan 1, 2019, 1:22 am Reply

If you really want to know what's going on in this world and want hope and assurance then please subscribe to this channel dockidds on you tube please spread this channel to other's so they can see it to.

jgerke55

Jan 1, 2019, 1:25 am Reply

If you know anything about body language you can tell these people are lying. Doom is coming.

Thomas Renfrow

Jan 1, 2019, 1:33 am Reply

Real estate aside, this mom and daughter combo need to do some adult movies, lol.

Rooster Blues

Jan 1, 2019, 1:41 am Reply

Not after your sanctuary cities. Taxes are going up, and your people are leaving.

Badtouch Brandon

Jan 1, 2019, 2:14 am Reply

0:19 the lady on the right… is she on molly?

johnny llooddte

Jan 1, 2019, 2:50 am Reply

ahaha when china goes bankrupt, all those properties will go bankrupt.. just like japan did and korea did and taiwan did etc etc etc.. they always reinvest all their moneys in america and then go broke..so we get all our money back for FREE..happens every generation

Ranger alpha

Jan 1, 2019, 2:55 am Reply

#shutdownfox

Michael Newell

Jan 1, 2019, 3:04 am Reply

F u c k you!. I hope you choke on all that money pigs.

Jim Christl

Jan 1, 2019, 3:10 am Reply

That's just gross sorry.

marguerite s

Jan 1, 2019, 3:21 am Reply

Why would one buy property now when prices are dropping?

Peter Piper

Jan 1, 2019, 3:53 am Reply

I think I had sex with that mother and daughter on PornHub.

Internet Connection

Jan 1, 2019, 4:10 am Reply

these bitches are nasty

Cameron Haggerty

Jan 1, 2019, 4:50 am Reply

Girl on the right sounds like she didn’t prepare for her class presentation

Whitney D.

Jan 1, 2019, 4:53 am Reply

speaking of raw, I wouldn't mind raw dogging that chick on the right

Astros Fan

Jan 1, 2019, 4:57 am Reply

It’s so dumb how much real estate costs in certain areas. No place is worth that much….ever!

Charlie Swanger

Jan 1, 2019, 4:57 am Reply

2019 = 1937

Lovely Hawaiian

Jan 1, 2019, 6:23 am Reply

Ignorant, blind, greedy people

McDonald Trump

Jan 1, 2019, 6:37 am Reply

I hate rich people.

Pacifica2181

Jan 1, 2019, 6:59 am Reply

These women have no clue what they are talking about.

Larry Dallas

Jan 1, 2019, 7:03 am Reply

White Privelege. No Hedge funds.

The Truth Channel

Jan 1, 2019, 8:36 am Reply

The chinese did this in Vancouver and it drove the avg price of homes up to 1. 25 million. Not even doctors and lawyers can afford to purchase a home in Vancouver. Foreigners should NOT be allowed to buy real estate.

The Truth Channel

Jan 1, 2019, 8:37 am Reply

"and how they are expecting property prices in New York City to drop in 2019"

NOBODY IS EXPECTING THIS. THIS IS A LIE.

Insignificant Other

Jan 1, 2019, 10:16 am Reply

Can't buy your way into heaven.

Ee J

Jan 1, 2019, 10:35 am Reply

I didn't hear a word they said, something about rich people buying more shit just because they can, oh how they must struggle. I would love to go raw inside that jenny chick, how much to slide a few inches into that real estate?!

Jerome Lund

Jan 1, 2019, 10:43 am Reply

EAT THE RICH.

jason morgan

Jan 1, 2019, 10:55 am Reply

Oh this is Gold Digger News I get it now. Single is nice.

Ross Harris

Jan 1, 2019, 10:56 am Reply

James 5:1 wealth retained from others in need, is likened to something "rusted" due to not being used. Or "moth-eaten" for the same reason. Matt.7:12….Romans 12:20; 13:10. Jesus gave his all, and he talked to the rich young man what he should do. And he meant, over a period of time, give to the poor. And come follow Jesus – Luke 18:22-25 with difficulty will those having riches enter the Kingdom of God, it is easier for a Camel to pass through the eye of a needle, than for a rich man to enter the Kingdom of God. 18:26-30 Who then can be saved? The things impossible with men, *are possible with God. (Like this social order, it is out of control especially these Leaders. Much, they are not telling the public. It is out of their control) Luke 4:5,6 and that is the way Lucifer desires it.

1Americanatlarge

Jan 1, 2019, 11:15 am Reply

first to go WTSHTF

Datsun Crown

Jan 1, 2019, 11:35 am Reply

(((New York)))

The F*cken View

Jan 1, 2019, 11:53 am Reply

trump, TRAITOR, IMPEACH, GUILLOTINE…????..!!??

cbr1thou

Jan 1, 2019, 11:54 am Reply

Daughter needs my dick

Max doubled

Jan 1, 2019, 11:59 am Reply

Hey its an even fatter version of tommi lauren lmao

No One

Jan 1, 2019, 12:04 pm Reply

All you shallow people can go suck a big bag of dicks!

Caesar

Jan 1, 2019, 12:14 pm Reply

How big is the ? in her mouth?

Svsca 2020

Jan 1, 2019, 12:15 pm Reply

?? > ??

Love from the rest of the world to China ❤️

charliemcnuggets

Jan 1, 2019, 12:36 pm Reply

eat the meek

Cobra Black

Jan 1, 2019, 12:40 pm Reply

Gold digger alert

Craig Bigelow

Jan 1, 2019, 12:44 pm Reply

Rents to damn high!

SaM Boston

Jan 1, 2019, 12:44 pm Reply

Living the American Dream

M A

Jan 1, 2019, 12:57 pm Reply

The pitchforks are coming soon.

Truth Hurts

Jan 1, 2019, 1:01 pm Reply

Zimbabwe was once the most wealthy and prosperous nation in Africa, but then evil black racists murdered all of the innocent white people, and now 99% of blacks in Zimbabwe live in extreme poverty and the government went bankrupt. I guess they have no appreciation for the hundreds of thousands of WHITE MEN who died fighting in the Civil War to free black slaves, or the fact that whites donate more aid to Africa than all other races combined. Go ahead and keep murdering innocent white people; all you're doing is showing the whole world how evil you are and turning the U.S. into a third-world shit-hole. It's also hilarious how black African men scream that white people don't belong in Africa, but then those same black hypocrites immigrate to Europe to get better jobs working for white owned businesses and try to marry white women. HYPOCRITES!!!!!!!bzizi

TheOffroader7458

Jan 1, 2019, 1:12 pm Reply

What a greedy world we live in

Harold Nazario

Jan 1, 2019, 1:19 pm Reply

These three white bitchs look like sluts for money and I bet they will still cry rape

Harold Nazario

Jan 1, 2019, 1:19 pm Reply

Jenny Lez sounds like a money hungry hoe

Harold Nazario

Jan 1, 2019, 1:19 pm Reply

I bet she sucked dick for a penny and gave back the change

Darcseid27

Jan 1, 2019, 1:31 pm Reply

TAX THE SUPER RICH

Calvin Smith

Jan 1, 2019, 1:39 pm Reply

I didn't even watch the video, went straight to comments.Some real entertainment

The Chosen One Illuminati

Jan 1, 2019, 2:09 pm Reply

About time affordable housing comes to America

Lunky Straydog

Jan 1, 2019, 2:18 pm Reply

Meh

Jasen Jahn

Jan 1, 2019, 3:47 pm Reply

Don’t worry, our rich are paying less taxes, they’ll buy more.

?

David Sisneroz

Jan 1, 2019, 4:01 pm Reply

ANOTHER FAKE BLONDE WITH FAKE TITS, FUCKKK THIS BEECH

Darmok

Jan 1, 2019, 4:31 pm Reply

All these women would have sex with Trump for a lot less than $130000.

Micho Rizo

Jan 1, 2019, 4:36 pm Reply

Lol.. but a higher tax on the rich is a bad idea?

Nick Bern

Jan 1, 2019, 5:01 pm Reply

Is the daughter on drugs or just nervous as hell?

Li Raven

Jan 1, 2019, 5:05 pm Reply

A fluff piece on how China is now the 'invasion threat'?
As long as 'the threat' is there to focus the misery…
Lets all swing in the gallows together! Yaaaaay!

Candace Weatherlow

Jan 1, 2019, 5:30 pm Reply

It's all hedging in the end

Mr Pool Player

Jan 1, 2019, 5:30 pm Reply

Proof Positive that having money & being bright may be two different things. ….but. who cares.

Gina Kay

Jan 1, 2019, 5:35 pm Reply

#IHAVEABRIDGE CALL ME 21ST CENTURY FOOL

Jami Cannatella-Mgn

Jan 1, 2019, 6:06 pm Reply

I think it’s disgusting to spend such an atrocious amount of money on anything let alone a penthouse…. I mean seriously who the f has that kind of money when people are just trying to put food on the table and pay their mortgage or the rent, you get some guy blowing $238 million, sickening!

Trump 2020

Jan 1, 2019, 6:11 pm Reply

Build the wall trump 2020

sthao1

Jan 1, 2019, 6:12 pm Reply

when you are self made like ken is, found the hedge fund giant, citadel, and made billions of dollars, you can buy whatever the hell you want.

Truth Hurts

Jan 1, 2019, 6:54 pm Reply

A black man from Kansas City named Dominique Marchbanks shot a 3 year old black boy in the head, but ofcourse CNN isn't reporting it and BLM isn't protesting it. If a white guy shot a black boy, it would be CNN's top headline for ten years.gvbb

The SuperHeart . Org Foundation

Jan 1, 2019, 7:04 pm Reply

00:00 $20,000,000,000,000 to The United States of America if YOU LIKE this comment by MIDNIGHT on 01/25/2019!!

Hey! Justin

Jan 1, 2019, 7:29 pm Reply

I thought it said Ken Griffey.
I was like…wtf, Ken Griffey ain't got that kinda money. ?

ALEC GRIMES

Jan 1, 2019, 7:35 pm Reply

WTF ?

Sonnys Gaming

Jan 1, 2019, 8:36 pm Reply

And this is news Fake Fox the only low educated people follow

thebiggerpicture

Jan 1, 2019, 9:11 pm Reply

What a life man needs me that

Eldonn Parks

Jan 1, 2019, 9:36 pm Reply

I would only live there if it has a heliport on the
roof. I wouldn't want to egress on the ground
level and rub elbows with the street people.

thomas 71

Jan 1, 2019, 11:14 pm Reply

Damn are these porn stars?

Anonymous Guy

Jan 1, 2019, 2:04 pm Reply

70% tax sounds about right…This is a shining example right here. 250 mil for a shell of a building? I just had a thought.Take 250 mil from 20 of our almost 1,000,000 bllionaires and we got a wall. See how easy thats done. Have a great day.

John Teasdale

Jan 1, 2019, 8:32 pm Reply

Greedy evil basterdos folk are starving and wat u do fuck all u cant buy aprtments in heaven just hell were ure going

Craig Bigelow

Mar 3, 2019, 9:30 pm Reply

Humanity's a cancer!

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