The city of New York granted $66 million in tax breaks to the developers of the One57 luxury condo tower, where billionaires inhabit apartments costing up to $100 million apiece. This is known as “a ripoff,” or, if you like, “economic development.”
Top Four Floors of One57 Bought and Paid For, In Case You Were Looking
Guess how much a floor-through residence at One57, the glass shard of wealth worming its way into the heart of Manhattan, costs. Go ahead, guess. Oh okay, I'll tell you: $47,367,491.39.
Manhattan Real Estate Is Perfectly Affordable (for Billionaires)
Earlier this year, we advised you that New York City real estate has now become too expensive for anyone. We would like to issue a correction: New York City real estate is a bargain! It all depends on your perspective.
Chinese Mother Spends $6.5 Million on Fancy New York Digs for Two-Year-Old Daughter
A high-level executive at Sotheby's International Realty recently revealed to China's state television broadcaster that he personally helped a Chinese mother buy a $6.5 million Manhattan apartment for her daughter.
![Now Peter Thiel’s Lawyer Wants to Silence Reporting on Trump’s Hair [Updated]](https://i.kinja-img.com/gawker-media/image/upload/s--Oimhg1rt--/c_fill,fl_progressive,g_center,h_180,q_80,w_320/qfj0a8gsurm46oboqvgj.png)