The young and the restless: Newbie investors find creative ways into business

From the April issue: Investing in real estate can be daunting, especially in the unpredictable post-Lehman market. And the strategy favored by new investors in the mid-2000s — ground-up condo construction projects — is now viewed as extremely risky.

But newcomers to the world of New York real estate investment — especially those with some prior industry experience — are nonetheless finding creative ways to carve out a toehold in the business. [more]