LLCs

Celebrities, History, Prospect-Lefferts Gardens

Ta Nehisi Coates, 207 Lincoln Road, Prospect Heights, Brooklyn brownstones

Atlantic Writer, National Book Award winner and MacArthur Foundation Genius Grant recipient Ta-Nehisi Coates recently made an appearance in real estate news; Coates, who is among today’s most prominent writers on African-American issues, and his wife recently purchased a landmarked five-bedroom townhouse in Prospect-Lefferts Garden for $2.1 million. Not one to miss an opportunity to explore a facet of cultural history, the couple worked an interesting story into the LLC they used to purchase the property, DNAinfo tells us.

Buyers commonly register Limited Liability Corporations (LLCs) to purchase property in order to conceal their identities (celebrities, for example, or when making a big-ticket buy), and LLC names are often mundane, using the name of the property itself. But the Coateses LLC, “Ellen and William Craft Excursions LLC” has an inspiring tale behind it: The Crafts were an escaped slave couple from Georgia in the 19th century. Disguised as a white male slave owner and his slave, they escaped to Philadelphia in 1868.

Find out more

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.