Drug Cop Worth $400 Million After Bets on Brooklyn Real Estate
Greg O’Connell acquired his first Red Hook building in 1967 for $22,000.
Cool story: NY cop bought a few parcels in Brooklyn in 1992 for $450,000, now worth $172 million.
a New York City cop made $400 million on Red Hook real estate
Red Hook is already on the front lines of hipster-led gentrification. On a recent sunny day, a bearded man in Ray-Bans walked with a baby in a Keith Haring print carrier past a record shop toward the Tesla dealership.