In a classic case of "The Times is ON it," the paper investigates the world of New York City's pied-a-terres. They make such startling discoveries like the fact that most pied-a-terre buyers are foreign; the higher the price, the more likely it's not permanently lived in; and famously expensive buildings like the Plaza have the most trophy apartments. Some people find these buildings charming as permanent residents, liking the extra privacy and quiet, but many others find "living in a deserted piggy bank" to be lonely. Aw, rich people: they're just like us!
Click through for a map of where the rich folk keep their second (or third or fourth or fifth) homes, and what the Times has to say about each locale.Read More