Making Real Estate

The old saying goes, “Buy real estate. They aren’t making any more.” Well, that’s generally true. However, in some places, they are making real estate. Take a look at this recent photo from New York City:

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The contractor built a sheet piling wall and then filled in behind it. Looks like they’re also building a new pier there, which is essentially real estate above the water. Either way, it seems NYC is gains a few acres here.

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