NEW YORK, NY - Patrick Smith, an agent with Who’s Who in Luxury Real Estate member Stribling & Associates was recently quoted in “Amazon HQ2 Reversal Proves Danger of Speculative Home Buying,” an article featured on Mansion Global.
The piece examines the impact that Amazon's desicion to not build in New York is having on the market. Smith had his own doubts about the deal from the beginning, cautioning his clients not to expect too much too fast, knowing the agreement was not final.
In the article he says: "I’ve said to every single client, 'you better want to own in Long Island City irrespective of if Amazon comes here or not.' I saw this as a potential."
To read the entire artcle, please visit Mansion Global