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Adopt-a-building in New York City

April 2, 2009 5:01:02 PM PDT
Have you always wanted to invest in real estate, but thought you couldn't afford it? What if you could buy a building for $50? It's the easiest way to become a real estate mogul. But in fact, there's a catch. You won't actually be able to move into the property you buy. You'll only be able to admire it.

It's as though you're gazing down on earth. But if you look a little closer, you'll see you are staring at the city of New York in miniature inside the Queens Museum.

"It's 9,355 square feet," museum director of strategic partnership Deb Wimpfheimer said. "There are 895,000 buildings on the model."

That model was built for the 1964 Worlds Fair.

"I think people are in awe at the size and magnitude of the model when they walk in," Wimpfheimer said.

The scale is 1 to 1,200. There is a sense of breadth that a map doesn't have. The only moving parts are planes in and out of LaGuardia, but there are bridges, iconic buildings and Lady Liberty. The model city got an additional 65,000 buildings 17 years ago.

"The only significant change since 1992 took place last month, when Shea was taken out and replace by Citi Field," Wimpfheimer said.

And a lot more needs to be replaced or built or even taken down.

So this your chance to get some New York City real estate for a steal. Just $50 bucks will get you your apartment. For $250, you can buy a single-family home. Fire houses and schools go for $500. Buy a body of water for $7,500. It's the most affordable way to make your name count in this little version of the Big Apple.

They've had interest from New Yorkers living across the country and around the world. As far as the World Trade Center, the twin towers will eventually be taken down and placed in a separate case. The names of donors will eventually be listed as well.

For more information on how you can adopt a building, visit www.queensmuseum.org/adoptabuilding.htm. You can also contact Wimpfheimer at DW@QueensMuseum.org or at 718-592-9700, ext. 141.

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WEB PRODUCED BY: Bill King


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