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?
As the temperature drops, be warmed at the thought of rich people finding winter solace out west, because it's ski season! This weekend, The New York Times takes a look at Snowmass Village, which is a ski resort complex just a few miles away from Aspen. Now, Related CEO Jeff T. Blau is hoping to take over the development of a massive stalled project called Base Village, featuring a million square feet of retail, condos, night life, and hotels. The project is attracting a lot of rich New Yorkers, like Terrell E. Polk, her husband Andrew S. Lombara, and their son Preston Polk (yes really), who just bought two condos at the Viceroy, a development at Base Village. They would have bought even more units if they didn't already own "several other vacation homes, including two houses in Southampton and a place in Rosemary Beach, Fla." Truth be told, this is the perfect setup for a slobs vs. snobs 80s ski comedy, à la Ski School, so there's that. [Colorado Ski Country Homes for New Yorkers]
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 couple looking to rent
Dream: West Chelsea
Reality: Downtown Brooklyn
Dream: Postwar, new appliances,
Reality: Postwar, new appliances, closet space, 1BR
This week's Hunt follows a couple looking to rent an apartment in a big, glassy, modern building. They first started looking in West Chelsea, but with a budget of $3,500/month, they found their options limited. They then moved across the East River and started looking in Downtown Brooklyn. They eventually found a nice new one-bedroom at the then incomplete 388 Bridge Street, with new appliances and lots of closet space. They are now paying $3,305 for the 750-square-foot apartment. [The Hunt/A Brooklyn Apartment? Make It Postwar]