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Real Estate Bragging: It's Back!

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This weekend's WSJ. magazine is all about "The State of Luxury," and there's a piece on high-end real estate that talks a lot about the tepid comeback of posh Manhattan properties. Says Stribling's Kirk Henckels, "You couldn't go to a cocktail party and say you just bought a $25 million apartment. Now you can—as long as you got 30 percent off." While we update our etiquette flash cards, let's hand the mic over to caged lion Michael Shvo: "Luxury has not been recalibrated. It’s been rebooted. It's been alt-control-deleted." Sounds like somebody recently had a run-in with the Genius Bar. [WSJ]