Black-Owned Skyscraper Initiative

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Black-Owned Skyscraper Initiative

Inspired by a conversation on:

Market Mondays

Market Mondays

MM #275: Gold vs Bitcoin, Economic Breakdown, & 5 Generation Construction Empire with Cheryl McKissack

Host: Ian Dunlap & Rashad Bilal

Timestamp: 01:46:00 - 01:48:30

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Feather Flow

Direct Quote

"There needs to be a skyscraper in Manhattan that's owned by black people."

Market Gap

Lack of representation in skyscraper ownership in NYC.

The project aimed to create a skyscraper in Manhattan owned by black people was halted, reflecting the broader issue of racial representation in high-value real estate ownership. Despite a strong push for diversity in construction, such initiatives often face obstacles due to political and financial challenges. The absence of black-owned skyscrapers in major cities symbolizes a systemic barrier to wealth accumulation and representation. The need for representation in high-profile construction projects is critical for encouraging future generations and creating role models within the community.

Summary

The Black-Owned Skyscraper Initiative aims to establish a skyscraper in Manhattan that is owned and managed by black entrepreneurs, symbolizing a significant step toward racial representation in the real estate sector. The initiative highlights the importance of ownership in building wealth and serves as a beacon of hope for future generations. Despite the current halt of this specific project, the vision remains strong, with potential plans to pursue similar opportunities in other cities. The focus is on creating a collaborative network among black-owned businesses to foster economic empowerment and visibility.

Categorization

Business Model
Real Estate Development
Target Founder
Generalist
Difficulty
High
Time to Revenue
6-12 months
Initial Investment
> $10,000

Scores

Clarity
8/10
Novelty
7/10
Feasibility
5/10
Market Potential
6/10
Evidence
6/10
Overall
6/10
Found on September 9, 2025 • Analyzed on September 9, 2023 4:28 AM

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2:34 PM

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