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03-18-2013, 02:14 AM
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Join Date: Dec 2003
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Country: China
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Originally Posted by leaponover View Post
THis is the third time I've heard this. You folks are reading WAY too much into Martinek keeping his house here. It's not definitely because he wants to "retire" on LI. Granted, it's a nice place to live but the back end is that there is no more room to build and houses are at a premium so the value will go up and renting he can make lots of money. So it's not necessarily because he wants to live the rest of his life on LI. That is a gigantic assumption. It's more likely he wants to hold on to the asset and that's it.
Yeah, it's purely an asset thing. I mean the schools being great, the crime low, the comparative beauty, the quiet streets, cultural diversity, amazing food and proximity to the greatest city on earth aside, it's really nothing worthwhile but a real estate venture. I mean look at the taxes and the Buttafuoco's?

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