2min chapter

Yet Another Value Podcast cover image

Bill Chen on Clipper Realty and the NYC apartment boom

Yet Another Value Podcast

CHAPTER

The Stock Is a 400 Million Dollar Stock, Right?

i like the development project because what it does is that one of e things that people complain to me about is, well, no one's got to assign any value to some construction in progress or lamd parcel. But when those projects gets developed and get stabilized, now it's a bigger company,. It's got more scale, you know, it looks more real to people. You're just getting a ton of free optionality. Thete's still a lot of equity valuation for the stock here yet.

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