Still Countin’ Stacks

Posted on December 13th, 2007 - By Bossip Staff

Categories: Jay-Z, News

Posted by Bossip Staff

jayzpink7.jpg

Jay-Z is further diversifying his stacks with a recent investment in a NYC real estate venture in Chelsea. Jay-Z and his partners bought the piece of development for $66 million. There is speculation the site will be turned into a high-end hotel with potential to go to 12 stories.

Game recognizes game. All the little rappers talking about rims and bling in 08′ need to pay homage to Camel and pick up some game.

  • Cam

    first hahahahahahahahahhahahahahahaha

  • Cam

    whats this second to lolololol lo l o l o l oloo ll o l ol ol

  • Cam

    sup with ya. man jay is doin it foreal.

  • helltothanaw

    Gotta respect this man’s business hustle.. very smart and he knows what’s up..

  • BostonBitty

    he’s a grown man. why is he dreesing like a gay fly. That look aint cute Jigga, give that track jacket and kick back to Blood Diamond Russ

  • Well Well Well

    Check ya’ll facts, this dude is just a front man for the Shnays ( his bosses on the project) Ya’ll negros are so ignorant . So ezzzzzzzallly impressed by nothing. Losers. SMDH.

  • http://wwww.herdithere.com www.herdithere.com

    He needs to have a roundtable with all the rappers and tell them how to use their celebrity to leagally flip their stacks!!!

  • Lady Architect

    Jay needs to invest some money in the place he came from…I just read an article yesterday about how the Jewish people are beginning to kick blk people out of Bedstuy, buying up all the realestate there.

  • Crap Talker…

    I agree with Lady Architect…

    Why don’t they invest in communities that are being gentrified like Harlem and Brooklyn?

  • Crap Talker…

    I agree with Lady Architect…

    Why don’t they invest in communities that are being gentrified like Harlem and Brooklyn?

  • mo’ree

    wow that is the worst picture of him ever taken…why yall like to use that one sooo much?

  • DROCK

    WHAT IT DOOOOO PATENT!!!!!

  • JaliliMaster

    I guess money really can’t make you pretty. This dude takes ugly to new extremes. Must be love with him and Bey, ‘cuz it sure as hell ain’t nothing else!

    And Camel, start dressing like a respectable. When you’re in the boardroom, try looking it.

  • holla

    well,well,well glad to see an informed individual,always a bunch of coons giving props to an uncle tom putting more money in the jewish pockets being used as the front man to take more of our money because “most”black people are uneducated and go for all hype.Now if it was in collabaration with other well to do blacks then he would get props but of course porch monkey camel has to wedge his foot in with the white man to do something for his pockets and we all get happy for him lke he doing something for us,its not his hotel same way the nets dont belong to him,camel worshippers do something to uplift your people jew-z,teach the kids good ,stop being a slave.

  • http://www.whyamialwayshungry.com Bahama Mama

    Hola Hovito!!!

    CHELLO DROCK and Patent

  • http://www.whyamialwayshungry.com Bahama Mama

    LMAO @ Patent

    it’s too early in the morning P!! lol

  • http://www.myspace.com/birdshu Bird

    Rims and jewelry is all those other rappers can afford. They ain’t got that long dough like Jay.

  • http://www.whyamialwayshungry.com Bahama Mama

    EXY??

    LOL

    JAY-Z is STILL that DUDE

  • http://www.myspace.com/birdshu Bird

    Well Well Well

    Check ya’ll facts, this dude is just a front man for the Shnays ( his bosses on the project) Ya’ll negros are so ignorant . So ezzzzzzzallly impressed by nothing. Losers. SMDH.

    *****************************************************

    Please to explain what you mean by front man? WTF does that mean? My thought was dude put up money and when the ish gets built he’s gonna make money. What am I confused about?

    Why would you invest in a hood? That would be like charity because you ain’t making no dough off of that. The best he can do for those negroes is build them a school and make them go at gun point. That’s the only thing that is going to save them.

  • Bones Jordan

    @ Holla, you’re a hater. Do your thang Jay, get that paper doc.

  • Mary J Blige

    Thats nice. Only dumb azz nuccas don’t diversify their projects. If you want your money to make you more money you gotta move into other fields (take notes Scott Storch rotflmbao). Thats why I am now a full partner in the Carol’s Daughter company. In fact they should call it Mary’s daughter but whatever. anywho i will be in the studio with the TJMS crew on this Thursday so check it out and cop my new disc.

    lots of love during this festive season

    MJ xx

  • sdedee

    Get that monster off the screen!!!!!!

  • http://www.myspace.com/msmeka2cute Mz_Magnificent1

    Jigga is the man…this is an excellent example of it takes money to make money.

    Other rappers should take notice…fyck throwing money away and “making it rain”!!!

  • me that’s who

    LUPE FIASCO ROCKS…….

    ^^^^that’s for you bmama…..lol

  • http://www.celebpsychic.blogspot.com celebrity psychic

    Give me some of that cheddar!

    A new spin on celebrity Gossip.

    http://www.celebpsychic.blogspot.com

  • Keepin’ It Real (D’Original)

    That’s right Jigga lead by example, show our people how to make money…

    There are a number of things that we (myself included) can learn by the moves that Jay-Z has been made over the years:

    (1) Align yourself with good counsel… i.e., Smart people who have good judgement – whom you respect and/or other people making moves, etc…

    Do you really think that he came up with all of those good ideas to do this that and the other by himself, me neither… Another good example of this is 50 Cent, one of his associates told him to invest in Vitamin Water and look at what a good financial investment that turned out to be…

    (2) Make Good Investments…

    Damn, look at the return of his investment in Rocafella, Rocawear… Not to mention, Jigga has other investments like a bar/restaurant called the Spotted Pig that he co-owns with Bono and a few other celebrities… And the company that he formed with Iconix (the company he sold Rocawear to) = Scion, recently purchased the clothing line – Artful Dodger…

    (3) Don’t Get Your Hands Dirty, Get Your Goons To Do Your Dirty Work:

    Case in point, Rocafella Artist Tru-Life punched your boy Camron in the face at a club earlier this year… Here’s a clip of the footage I found on YouTube: http://www.youtube.com/watch?v=vPkAnZnjp24&NR=1

  • Ibn

    Wow it always has to be hater somewhere. Men/women need to take notes he is investing instead of just spending. Thats what your suppose to do in his position, or anyone with a little paper.Thats how you stay ahead of the game and on top of it.

    Ibn

  • Keepin’ It Real (D’Original)

    *I posted the wrong YouTube Link at the end*

    That’s right Jigga lead by example, show our people how to make money…

    There are a number of things that we (myself included) can learn by the moves that Jay-Z has been made over the years:

    (1) Align yourself with good counsel… i.e., Smart people who have good judgement – whom you respect and/or other people making moves, etc…

    Do you really think that he came up with all of those good ideas to do this that and the other by himself, me neither… Another good example of this is 50 Cent, one of his associates told him to invest in Vitamin Water and look at what a good financial investment that turned out to be…

    (2) Make Good Investments…

    Damn, look at the return of his investment in Rocafella, Rocawear… Not to mention, Jigga has other investments like a bar/restaurant called the Spotted Pig that he co-owns with Bono and a few other celebrities… And the company that he formed with Iconix (the company he sold Rocawear to) = Scion, recently purchased the clothing line – Artful Dodger…

    (3) Don’t Get Your Hands Dirty, Get Your Goons To Do Your Dirty Work:

    Case in point, Rocafella Artist Tru-Life punched your boy Camron in the face at a club earlier this year… Here’s a clip of the footage I found on YouTube: http://www.youtube.com/watch?v=BWotD2CXzf4&feature=related

  • Soul Cry

    @Keepin’ It Real

    Steady keepin’ it real…I agree

  • Notahater

    @ holla – - this man has plenty of business ventures…you get some money and do you. until then let it go!!

  • Mrs

    He dresses too young – it doesn’t suit him. Business as usual

  • jen

    I don’t think J will ever go broke he has too much money making potiental. Being the head or not being the head of a recod label is not going to make or break him. I am sure he is always working on a plan. That or he will finally marry B and have noting to worry about. She is a straight cash cow.

  • kai

    From my understanding hes using about 20 percent of his funds to invest in that venture…I hope he investigated thorougly in this investment, because that can also be counted as a big lost if things go awry. Anyway, they said he has “partners” so its prob a smaller portion of his cash. Way to go Jay. Camels move quick when they need to.. Damn lol!

  • http://sydnilux.blogspot.com SydniLux

    The pink Camel is finally bossin up. Good job.

  • Richard

    He told you he wasn’t a rapper.

    “I am not a businessman. I’m a BUSINESS, MAN”

    This is what the game is all about.

  • VB

    to the dudes saying jay is a front man.OF COURSE HE IS A FRONT MAN.HE IS THE FAMOUS ONE AFTER ALL AND HIS FAME ATTRACTS ATTENTION TO THE PROJECT .WHICH IS PART OF THE REQUIREMENTRS OF A BUSINESS PARTNER.NOT THAT BUYING A BUILDING NEEDS A FAMOUS FACE TO ENDORSE IT.HE HAS PARTNERS BECAUCE A SMART BUSINESS MAN KNOWS THAT WHEN U GOING INTO A NEW BUSINESS U SHOULD GO IN WITH PEOPLE WHO HAVE EXPERIENCE IN THAT SECTOR .WHICH IS WHY HE HAS PARTNERS AT THE 40 40 AND NOW THIS NEW VENTURE .HOV KNOW NUTHING ABOUT HOW TO BUILD HOTELS SO OF COURSE HE IS GONNA GET WITH PEOPLE WHO KNOWS HOW TO DO IT TO SHARE THE BURDEN AND LIABILITIES.THAT IS THE TRUE TEST OF A BUSINESS MAN.GET UR MONEY JAY.U ARE MY INSPIRATION FOR WHEN I FINISH MY MBA .

  • Just Sit And Be Pretty

    “The best he can do for those negroes is build them a school and make them go at gun point. That’s the only thing that is going to save them.” LMAO @ Bird…you got that right…”A Mind is a Terrible Thing to Waste”

  • Soul Cry

    …you know Bee ain’t letting this man go…she would be a fool. And Mr. Knowles is now kissin’ his ass.

  • holla

    40/40 yeah the one thing that he owns, he’s a partner in okay that makes a lot of sense ,when its convenient to him.when it opened or when its good he’s like “yeah i opened up a club.my club 40/40,etc.”but when he’s getting ridiculed or sued or many number of things he’s just a partner.40/40 is wack at least the one i know of in nyc the place is a dump but when it comes time to advertise its his.u people are idiots he’s a pawn for these developers.they will kick his ass to the curb the minute his shine descends,watch cause its coming soon camel stans.

  • I Am A 80′s Baby

    @ holla

    No matter what they say, I can see what you are trying to say. It is our own people that will still a penny quicker than any other race. I heard that his NYC club charges $80 dollars to get into. The man is building a luxury hotel HELLO a hotel you mofo like me can’t afford. If your ass is still shopping at Family Dollars and grocery shopping at ALDIS or SAVE A LOT you can’t afford that hotel. LOL He is excluding y’all get the picture my black people. He make his paper from the hood and spend it in the burbs…SMFH!

  • M-DADDY OAKLANDS FINEST

    @JaliliMaster

    I guess money really can’t make you pretty. This dude takes ugly to new extremes. Must be love with him and Bey, ‘cuz it sure as hell ain’t nothing else!

    And Camel, start dressing like a respectable. When you’re in the boardroom, try looking it.

    _____________________________________________________

    Ok what does his looks have to do with his busness smarts? You must be ugly because in every post you have something negative to say about the way some one looks. Stop hatin on people. Especially positive black people. We complain all the time about the foolishness we as black people spend our money on now here is a brotha who is making an investment that will solidify his and his family’s future and all you can think of in your little itty bitty mind to say is “He’s ugly” No you are the ugly one.

  • Shawn08

    Wow, can we name 10 rappers out here right now that make a year what jay put down for this business adventure???

  • Beast

    What up people… After read this story, I have a question…. who will be the first to get to a LEGIT billion dollars… Jay or 50… Now granted 50 with the 400 million helps him get right next to Jay… Some people think that 50 400mil is actually 100mil, but I had to do my research before posting this, and 50 got 400 million out of that deal but he only cashed out 100 million leaving the rest of his profits in the vitamin water empire as he is still 10 percent owner. We pretty much know what Jay is involved in business wise and Forbes put his worth up to 350 mil… before the water money 50 net was 115 mil… we know about the clothes, but dude owns the pontiac g6 cars… well anyway… Just wanted to get my peoples opinion on who will be the first to a Billion…..

  • shyynee

    all dat money and this fool cant spend few grand on nose and lip job..wtf?

  • http://myspace.com/thagrindaholic BLUNTBLAZER

    EVEN THOUGH I DONT LIKE 50 CENT MUSIC HE GETS MY VOTE FOR RAPS BUSINESSMAN OF THA YEAR

    http://WWW.MYSPACE.COM/THAGRINDAHOLIC

    NUTHIN BUT THAT STRAIT GHETTO KNOCK

  • jjones

    —————–NOTICE————————–

    IF ANY PERSON WHO TO MAKE A COMMENT HATING ON JAY, MUST HAVE AT LEAST $10,000 IN THEIR BANK ACCOUNT, A HOME, AND A CAR AND NO CREDIT CARD BILLS

    —————-NOTICE—————————–

  • voodoodou

    B-(business) Boy of the year, shame he can rhyme!

    I love dude’s swagger and I respect his hustle….

  • M-DADDY OAKLANDS FINEST

    Snickersssssssssss!!!!!!!!!!

    Hey boo

  • dc

    yall are worshipping a Golden camel…

  • Lipton82

    Jay-Z is so horribly ugly. I don’t care how big his shaft is. I do not see how Beyonce can let him climb on top and hit it. How nasty. And he looks so gay with that hot pink jacket on. That is something I would rock as a woman.

  • Jay-Z #1 Fan

    No way Jay-Z is no fraud he invented Gangsta Rap,he invented wearing baggy clothes,the first musician to own a club 40/40 that is the best place in the world,he invented Du-Rags,he invented throw back jerseys,people wearing button up shirts and suits before him no one did these things.He has the most beautiful girlfriend in the world that every women wishes they were like her.He’s the man,Forbes is writing him up next year as the richest man in the world,yeah people Jay-Z has more money then Bill Gates.So stop hating he accomplished everything legally without anyones help.I hope he runs for President of the U.S. because this man obviously knows what Americans need and want,only time will tell.Much props Hov.

  • Traydayz

    People kill me saying he needs to invest in the community blah blah blah! What about the rest of us? How fast do you make money and bounce out the hood like it is the plague? How many don’t trust a black owned business? How many black people own cadillac’s and suv’s but don’t own their own home?

  • Coop

    @Well Well Well

    So your saying he’s on his to a net worth of a billion by being a front man. Well sign me up.

  • Coop

    Traydayz

    Preach!!!!!!!!!!

  • memchee

    antoher quick way to go broke is to invest without having a clue as to what you’re doing.

  • capila

    ooh lawd what would it be like waking up to a face like that every morning

  • v-fromrock

    @tlatrice

    I co-sign with you all the way. Just because Oprah isn’t making a media conference about giving back to the American community doesn’t mean she isn’t doing it. The woman is doing a great thing helping our own people in Africa and yet people want to put her down for it. She has given millions over a period of years just here in America itself. And to Jay-Z keep being successful.

  • MURDA

    that was a very smart investment on jay-zs part. this is one of the ways you keep that paper comin in and soilidify, and build your net worth.

  • mayjadjor

    Haters never prosper. Jay sends poor kids to college EVERY year. Plus, he’s invested tons of time and money to get clean drinking water to the people of Africa. By the way, those of you who think you’re from the bottom… you’re not. The BOTTOM is when you don’t even have shoes for your feet or clean drinking water. Instead of talking sh@t cuz he’s got money and you don’t, look at him as an example and work to get yours!! GET EDUCATED AND STOP THE HATIN’!! IT’S HOVI BABY!!

  • Henry

    Someone mentioned that you met on the famous online service seekingsugar, a club for rich men/celebrits to seek beautiful women? True or not??

  • Hi, my name is_

    you gotta give him credit for being a good business man.i’d do the same.people will hate but dude ain’t goin’ no where.hell, if God ever blessed me with the paper he has, failure, losing my money,and going backwards would’nt even be an option.and to {konductor}…any other n***** with money could get beyonce too, so…please

  • Mrs

    Mutton dressed as lamb!

  • DA KONDUCTOR

    ^^^HI MY NAME IS

    So I am guessing that you also think that the ten years will and jada got going on is because of money too huh….right…any brotha wit doe cannot grab up B cause she is not all about money…if you haven’t notice she damn near has the same amount of dollaz as Jay…everything is not all about money…haterz i tell u…get ya mind right playz….HOLLA

  • GOD

    what are you guys talking about the jews buying everything?you guys watch too much t.v.the christians are the ones on top.also its called business.they are not “kicking”out black people.they are making money.you can do the same.just save 95 percent of your income for a few years and see how much you have at the end.and black people stop giving credit to people who can care less about you.(i.e.my lawyer is jewish i will win the case.what if the other lawyer is jewish?who will win now?)

  • GOD

    also jay is on his way to a billion but you guys keep talking about the “jews”doing all the work.what are there names?how much money do they have?you guys watch too much tv.also how can he “invest” in the hood?all of your baby daddies will piss and write on the walls.how will he get his money back?how will he make money?i bet when he was in the “hood”no one invested in him.

  • playlist

    when is he going to do MTV cribs?

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