Celeb Gossip: Dan buys Another $4Mil NY Flat

[Geoff Bannister]

--- In HPFGU-OTChatter at yahoogroups.com, "P. Alexis Nguyen" <alexisnguyen at ...> 
wrote:
>
> 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.

Geoff:
Try taking a look at London prices for similar results.......