[HPFGU-OTChatter] Celeb Gossip: Dan buys Another $4Mil NY Flat

[P. Alexis Nguyen]

Steve:
>  If you would like to take a tour of his new place, it's pretty
>  nice. 2,450 sq ft in the corner of the building with three
>  bedrooms and, I think, 3.5 baths. Not as classy as his other
>  apartment, but still nice.
>
>  Still, nice place, but holy crappoly, nearly $5 million for
>  2450 sq ft. You can buy a large mansion with grounds for that
>  in Minnesota.

Oh sure.  You can buy a mansion pretty much anywhere in the Midwest
for those prices (and don't think I didn't consider things like that
when I accepted my first job out of college and my parents wanted to
know why I didn't want to move back home).  However, seeing as the
tiny studio near me (in Philadelphia) is going for a "mere" $750K and
this city's cost of living is lower than NYC's, I'd say that a $5M 3
BR, 3.5 BA flat isn't unreasonable in, oh, any sense of the word
(except in the sense of the word that conveys the obscenely high cost
of living in cities like NYC).

NYC flats (especially those pesky UWS ones): a good investment since
it doesn't look like there's going to be a mass exodus out of the city
soon.

~Ali, who is considering a move to NYC and is terrified of costs