YESTERDAY was a memorable day for New Yorkers and of course Jay-Z had a huge hand in making it such a big day!The a new home for the New York Nets went up. The area holds 18, 000 people and is quite the venue!

The ceremony took place in Brooklyn where the new arena is. It was huge and looked like everything went well - the smile across Jay-Z face is a dead give away. Wifey Beyonce, of course  attended looking FABULOUS as always.

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Now with that said this has me thinking about the property value for the surrounding neighbors. I sure hope Jay-Z took that into consideration when contributing to the building and location of this arena. It would be a terrible thing if the nearby residence didn't have a fixed rate and could no longer afford to live there because of this.

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