Saturday, July 30, 2011
John Jacob Astor - The First Multi Millionaire
Day 11, September 11, 1837
All the newspapers are reporting about the recent crisis we are having in our economy. The property values are unheard of, so low that now is the perfect time to invest! They are calling this period the Crisis of 1837. It is such a horrid time that people are being forced to foreclose on their properties. I already own some properties west of 5th Avenue in the 30s, so I’ll start my empire with those properties, including my hotel. Ahh, my hotel, the prized possession of my collection. The Waldorf-Astoria, located on 49th and Park Avenue, is the best place you could stay! Everybody raves about it and how it gives New York a whole new sense of luxury. Now that’s a reputation you want for your hotel! We’ve had some pretty famous people stay there like Charles Dickens and Daniel Webster. Anyway, I have a good amount of money prepared to invest in the properties, and since the prices are extremely low, I will have a great return on my investments; I can’t wait!