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?
In case you forgot that 15 Central Park West is a thing that exists, the Times has an article about the "ritzy, if technically illegal" parking cul-de-sac in front of the building where the southbound lanes on CPW terminate. There, a fleet of cars and chauffeurs await residents, double-parked in a no-parking zone. The whole thing is kind of a self-entitled mess that screws with traffic on Central Park West, and neighbors are somewhat peeved, but not enough to actually do anything about it. Such is life in the shadows of 15CPW. ["At a Luxury Building on the Upper West Side, the Perks Start at the Curb"]
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. RealityThe Hunters: a couple looking to buy
Price
Dream: $400,000
Reality: $319,000
Neighborhood
Dream: Jackson Heights
Reality: Jackson Heights
Amenities
Dream: indoor/outdoor space, trees
Reality: spacious, treetop views, parking
Summary
This week's hunters are a couple looking for a two-bedroom co-op in Jackson Heights, a nice change of pace from the usual Hunt destinations. With a budget of $400,000, they went around the neighborhood checking out apartments, eventually finding a two-bedroom for $319,000. They paid ask and moved in last fall, and now have a four hour commute every morning. [The Hunt/"Jackson Heights: More Space; Hold the Frills"]
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