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# Credit Crunched Rappers
Jay-Z's Luxury Building Plans Fall on Jammed Ears

By Going Like Sixty | Published 2009-01-01 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/jay-z-big-plans-fall-on-jammed-ears
References: [nytimes](http://www.nytimes.com/2008/12/27/nyregion/27developers.html?pagewanted=1&sq=blaichman&st=cse&scp=1)

Jay-Z is a Donald Trump wannabe, but the credit crisis has killed his plans for a [deluxe apartment in the sky](https://www.trendhunter.com/trends/40-ph) for his lady love, Beyoncé Knowles.

Before the recession, Jay-Z had also worked with a developer who had envisioned a wonderful area constructed around a former warehouse. He wanted to include a [five star hotel](https://www.trendhunter.com/trends/financial-centers) and boutiques and spas and restaurants that would be branded as ‘J Hotels.’

Alas, poor Jay-Z, if you can’t fund it yourself, the banks aren’t interested, and the whole project is kaput.

## Trend Insights (Trend Hunter)

- Score: 2.4/10
- Popularity: 54% | Activity: 9% | Freshness: 8%
- Audience gender: 90% men, 10% women
- Primary generations: Millennial
- Top markets: North America, Europe, Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [New Ventures](https://www.trendhunter.com/newventures)

## Key Themes

### What Makes This Trend Stand Out

- **Luxury Real Estate:** Developing luxury apartments or branded hotels and amenities is a disruptive innovation opportunity for the real estate industry
- **Celebrity Branding:** Creating branded hotels, spas, and restaurants associated with celebrities is a disruptive innovation opportunity for the hospitality industry
- **Financing Alternatives:** Exploring alternative financing options, apart from traditional banks, is a disruptive innovation opportunity for the financial industry

### Sectors Adopting This

- **Real Estate:** The real estate industry can explore innovative ways to develop luxury apartments and branded hotels and amenities
- **Hospitality:** The hospitality industry can capitalize on celebrity branding by creating branded hotels, spas, and restaurants
- **Financial Services:** The financial industry can develop alternative financing options to support projects that traditional banks may not be interested in

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