Welcome to It Happened One Weekend, our weekly roundup of The New York Times real estate section...
1) Big Ticket
The most expensive sale of the week was this newly renovated Upper East Side townhouse, which went for $26 million. The home's facade was recently restored to its original 1879, neo-Roman grandeur, and according to The Times, it features "an elevator, a sweeping limestone staircase, coffered ceilings, a wine cellar, a lower-level pool and spa with Bisazza mosaic tile, and three wood-burning fireplaces," plus a Brazilian ipe wood roof deck and terrace. Nevertheless, the house sold for $7 million less than its asking price when it hit the market a year ago. [Big Ticket/"A Limestone 'Swan' for $26 Million"]
2) Every "The Hunt" column begins with the Hunters describing the apartment they want, and ends with them rationalizing whatever they came away with. This is The Hunt: Dreams vs. Reality
The Hunters: a bachelor looking to rent in a quieter neighborhood
Price
Dream: around $4,000/month
Reality: $3,400
Neighborhood
Dream: N/A
Reality: East Village
Amenities
Dream: spacious, close to transit, quiet
Reality: spacious, quiet (?!)
Summary
The guy in this week's Hunt was desperately trying to move out of his apartment on West 14th because the noise was driving him insane. So, like any reasonable New Yorker, he settled on an apartment in the quietest section of Manhattan that he could think of . . . the East Village. Yes, the East Village. We aren't sure what parallel reality this man is living in, but for $3,400 a month, his new apartment on East 11th is apparently a perfect little cave of serenity. Seems like utter balderdash, but whatever. Congrats, we guess? [The Hunt/"The East Village: To Escape the Sirens"]
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