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?
Rich people in New York are apparently starting to buy multiple floors in buildings to accomodate their whole families as part of some sort of warped Kennedy Compound fantasy. The idea behind this ill-advised scheme seems to be rich people attempting to create "a suburban scale here in the city," which just sounds like a horrible idea. In the end, it's like you're living Everybody Loves Raymond, except it's just as suffocating and not nearly as funny. ["Family Compounds, by Elevator"; photo by mbaron85/Curbed Photo Pool]
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 Hunter: a woman looking to buy for herself and her mother
Price
Dream: $400,000
Reality: $295,000
Neighborhood
Dream: "Bronx"
Reality: Soundview
Amenities
Dream: wheelchair accessible, yard, room to rent
Reality: yard, dishwasher, three bedrooms
Summary
This was an interesting one! Instead of the usual insufferable dross ("single twenty-something looking to buy in Midtown," "family of Faroese-Korean diplomats/social media gurus looking to rent," etc.) , the focus of this week's Hunt is a middle-aged woman buying a home for herself and her elderly mother. Her budget is pretty small, all things considered, and the focus on the Bronx is awfully refreshing. She eventually settled on a three-bedroom bungalow in the Soundview section of the Bronx. [The Hunt/"The Bronx, Home for Me and Mom"]
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