02-15-2018, 02:53 PM
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#82
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Senior Member
Join Date: Sep 2008
Location: Meredith Bay & LI, NY
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Quote:
Originally Posted by thinkxingu
Peter, I don't disagree about the overall financial decisions (building new vs. supporting established), but there's a sizable difference (in terms of philanthropy) between leaving a legacy you created and just giving money to an establishment.
From what I've read, the owner would've made a lot more money--if that were his intent--by developing private homes.
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We are on the same page.
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