« Shame on Columbia | Main | A depreciating asset? »
October 01, 2007
What $14,700 a day buys in NYC
The Penthouse at the Pierre is on the market for a cool $70M. The monthly maintenance charges are $38,720, or $460K a year just to pay the superintendent and the property tax. That pales in comparison to the $5M of mortage payments a buyer would have, though a place like the Pierre probably expects payment in cash with no mortgages allowed. Still, were mortages allowed, the cost of owning this place (mortgage + maintenance) comes to a mere $14,700 per DAY.
Among the cool things in the apartment:
The living room is considered the most magnificent privately owned room in the world. This incredible space was the original ballroom at The Pierre Hotel, with 23 foot high curved ceiling and 20 foot French doors overlooking the park and the city.
Check out the full listing.
Meanwhile there has been a strange string of burglaries in Harlem. The target isn't high-end electronics, jewelry, or cash. No, they're stealing windows and copper pipes. The empty house across the street from my old place got hit last week, and just this past Friday the following occured:
The house was gutted next door last Friday in broad daylight. They took every window, window frame and copper piping. Jill was standing out in the front and saw a guy go in the gate next door. She confronted him and he took off. She called the police and that is when we noticed that all the windows were gone.
Stealing windows. I'm speecheless. Is there anything they won't steal?
Posted by adrianjo at October 1, 2007 09:56 PM