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Investor interest
The recent downturn in the market has made Jack Geoffroy all the more interested in investing in real estate.
Geoffroy, 56, who owns a wholesale seafood company but has dabbled in real estate for more than 30 years, is looking for Hamptons houses he can renovate or vacant pieces of land he can build on. Now that the prices have come down a bit, he says he hopes to be even more involved.
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