Investor Tony Goldman interested in Detroit properties
Louis Aguilar/ The Detroit News
"The real estate mogul who played a key role in transforming Miami Beach's South Beach and New York City's SoHo areas into art destinations says he's close to making a major investment in downtown Detroit as well as partnering with the John S. and James L. Knight Foundation to support art projects in the city.

"I make a critical mass statement," Tony Goldman said in a telephone interview Tuesday from Miami. "I'm a neighborhood builder, and an investment in one building is not going to do it."...

Goldman has been an early investor in depressed urban neighborhoods for four decades, and many of those investments have paid off. The areas include New York's Wall Street Financial District and SoHo neighborhood, the Center City in Philadelphia and, more recently, the warehouse district in Miami's Wynwood area.

Goldman's track record shows he tends to buy multiple properties in an area and often focuses on creating restaurants as well as renovating hotels and housing.

Goldman said it's too soon to name specific downtown property or properties he is targeting. He added that he has not worked out whether he would work with partners in the potential deals.

Among the deals he's working on is being "a substantial adviser to some high net-worth individuals who understand the momentum that's going on in Detroit," Goldman said...
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http://detnews.com/article/20111201/BIZ/112010344/Investor-Tony-Goldman-interested-in-Detroit-properties#ixzz1fGEaeij7