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Fortune
Fortune
Michael Sonnenfeldt

I exited one of the NYC area’s biggest real estate deals at 31. Here's what I learned

sonnenfeldt (Credit: courtesy of TIGER 21)

Is it luck when an entrepreneur hits big? It is not the lottery, but the returns can feel like it.

I learned this early. At 31, I exited one of the most successful real estate deals in Metropolitan New York history: the redevelopment of the Harborside Financial Center in Jersey City. At the time, it was the country’s largest commercial renovation. For me, it was my first substantial wealth moment and I had no idea what to do next: What to do with the new capital I acquired and how would I make it matter? 

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