Monday, November 4, 2013

From the Excess Files: 6250-Square-Foot, Full Floor Apartment, Yours for Just $67,000,000

Which probably doesn't include annual maintenance fees.

 

Stratospheric Views, and Prices.  (The New York Times, 11/3/2013)

Come on up to my house.  Even as the prices of some of the city’s newest and hottest buildings like One57 stretch into the stratosphere, luxury apartments in Manhattan remain relatively cheap compared to other cosmopolitan cities around the world. That fact is attracting more global buyers to New York. 

Related to a worldwide trend, it appears.
Divide forming over housing market 'haves' and 'have nots'. (Melbourne Herald Sun, 10/9/2013)
Housing Market Split Between Very Rich And Everyone Else.  (Huffington Post, 9/21/2011)

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