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In this episode of The Intelligent Developers Podcast, we sit down with Ed Poteat for a powerful conversation on entrepreneurship, affordable housing development, capital relationships, and navigating multiple real estate cycles in New York City.
Ed shares his journey growing up in Harlem during the 1980s, studying economics at Yale University, spending time on Wall Street at JPMorgan Chase, and ultimately leaving corporate America at just 26 years old to pursue real estate entrepreneurship full-time.
The conversation explores how New York City once empowered small local developers to revitalize distressed neighborhoods, how Ed and his team scaled into major affordable housing development projects, and the hard lessons learned during the Great Recession around leverage, capital structure, and profitability.
This episode is a masterclass in resilience, affordable housing development, and building long-term success in one of the toughest real estate markets in the world.