Article: All that jazz in one tiny attic

Bernice Yeung
International Herald Tribune
02-02-2007
In the spring of 2004, a 31-year-old real estate developer and investor from Harlem named Ed Poteat received a call from a broker about a hot deal in the Morrisania section of the Bronx. The broker was calling about a neoclassical building on Ritter Place dating from the early 20th century that was going on sale. The house was small but attractive. Poteat crunched some numbers and then bought the property for $150,000.For Poteat and his business partners, it was a typical transaction, so much so that not until the fall did he even bother to visit the house. When he arrived, Paula Morris, the seller, was on hand to give him a tour. ...

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