Welcome to It Happened One Weekend, our weekly roundup of the New York Times real estate section...
1) Rich people. What are they spending millions of dollars on? What are they complaining about? This is What's Up With Rich People?
If there's one thing that really tickles rich people's fancy it's telling other rich people what they can and can't do via co-op boards. The (ahem) quirkier stories that were dug up for this article include one board that sent a security company to check out an applicant's current residence and take pictures of her parents (and she had to pay for it). The rest of the stories, though, are decidedly more gross: nannies being banned from using the regular elevator, a rule enacted to prevent an elderly residents from hanging out in the lobby and talking to people, and a shareholders trying to prevent a wheelchair-bound resident from spending time in the lobby because "it detracted from the look of the building." ['Because the Board Says So']
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 young couple finishing up grad school at Princeton and looking for a place to settle down and start a family.
Price
Dream: Between $700,000 and $900,000
Reality: $800,000
Neighborhood
Dream: Upper East Side
Reality: Carnegie Hill
Amenities
Dream: Three bedrooms, views, dining room/area
Reality: Two bedrooms, sunny, enough space for a table
Summary
A careful, thorough, and deliberate hunt ends with the hunters getting pretty much exactly what they bargained for—their one concession, downsizing from a 3BR to a 2BR, was made very early on in the process. [The Hunt/'Room to Dine; No Wall Views Please'; photo by Adrian Cabrero]
Loading comments...