Quick Profile
The Financial District (FiDi) today is a bit of a hybrid neighborhood, as the residential component continues to grow in an area that has been historically dominated by the financial and insurance industries. The residential experiment, which began more than two decades ago, continues to evolve in an area with a large concentration of older, large office buildings. Developers have taken to these aged buildings and have re-positioned them as residential properties. In turn, the public spaces, services and retail establishments needed for a thriving residential neighborhood have followed making this an important destination for city residents.
Since 2000, the residential population of the Financial District has nearly tripled in size from about 23,000 residents to more than 60,000 inhabitants. Many of the residential pioneers to FiDi were people attracted to the lower rents in the neighborhood, particularly the post-collegiate crowd. While the millennials still maintain a large footprint here, there are plenty of families that now consider the Wall Street area home.
Many of those that live in the Financial District walk to work. If you reside here and need to commute elsewhere, the transportation from here is about as good as it gets. Express trains can take you to Midtown, either east or west, in twenty minutes. Brooklyn is but a single subway stop away. There are also ferries across to Brooklyn, Queens and Staten Island.
Deborah Hildreth, GRO’s founder and President has been actively involved in all aspects of the acquisition and sale, leasing and management of Manhattan investment real estate for the past three decades and currently represents investors from all parts of the globe, having aggregate real estate holdings valued in excess of hundreds of millions of dollars. In her prior firm, The Principal primarily focused on the sale of residential luxury condominium units to both domestic and international investors. Once acquired, she was responsible for analyzing and maximizing the profitability of these real estate investments, and as an integral part of her role, she sourced, structured and consummated thousands of sale and leasing transactions. In her work with international clients, the Principal understood that real estate investments need to become income producing assets with long term capital growth. With this in mind, the Principal focused on corporate leasing and business relocation to help her clients gain superior yield returns. Providing services such as renovation, asset repositioning and innovate, unique marketing and advertising techniques, the Principal was able to increase her client’s asset values. The Principal recognized, early on, not only the need to provide investors with a vast array of services to meet their investment needs, but also the need to provide different types of investment opportunities, which led to her vision of developing the perfect turn-key solution for the investor – Global Realty Opportunities. Through her years of extensive experience and strong relationships within the real estate community, including major developers, real estate brokers, investment bankers, management consultants and attorneys, she has leveraged those relationships to create a professional real estate investment team tailored to the specific needs of our clientele. The GRO Team is committed to providing unparalleled service to our clientele, sourcing the right real estate investment for each client and assisting our clients to transact efficiently.
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