His best investment was his studio.
No, seriously, Jay Maisel bought a 6-storey, 35,000-square-foot, 72-room building at 190 Bowery in Manhattan for $102,000 in 1966 and it was the best investment he could have made. Why? Because he sold it late last year for $55 million. Not a bad profit.
Personally, I think his setup is every photographer’s dream come true. I mean, who wouldn’t want a large, multi-storey, live-in photography studio, complete with enough room to showcase your work?
According to the…