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two americas
Posts Tagged “
Rich People
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Esquire readers are older and poorer than those of five other, less classy men's mags. The Esquire reader's median household income is a pathetic $53,783, compared to $76,865 for Men's Journal and $65,614 for Maxim. It seems that pictures of ladies in their underwear are somehow more popular with affluent young men than George Clooney! [Folio]
two americas
i just adore a penthouse view!
One Manhattan Apartment Is Simply Not Enough
Today's Sun highlights a trend among the rich of our fair isle: people buying second or third homes not in the country, but in the... city? Take must-be-crazy-rich Robert and Suzanne Cochran, who have lived at 1000 Park Ave. (pictured) for 17 years. They already have a country house, but now they've also bought a 5,200 square foot loft in Tribeca. The other day, Mrs. Cochran was "scouting out fabrics" for the home:
The Cochrans plan to use their loft to throw parties and display the kind of big pieces of contemporary art that until now they've held off purchasing because their residences weren't suited to it. So far they're acquired a light piece by Leo Villareal and a family portrait in chocolate syrup by Vik Muniz.Well, at least they have a cutting-edge art collection that traveled in time from the late 90s!
Second Homes Within The City Sprout Uptown and Downtown [NYS] [Image via]
dispatches from the class war
Rich People Can't Pick Their Own Kids' Nits
Attention, anyone looking for a pretty easy way of making $30 an hour:
Our daughter seems to have gotten head lice at camp this summer and we need help going through her hair. It's not pretty, but somebody's got to do it. Wee need someone to start tomorrow (Friday,, July 6) from 3:00-6:00, then come back for 5 days, 2 hours/day. We will need to know that you've done this before and will need references.Come on, somebody's got to do it.
Nit Picker! [Craigslist]
New York Observer owner Jared Kushner and his dad, convicted felon Charles, sell off nearly $2 billion in New Jersey real estate in order to focus on "fewer properties but larger transactions" in New York City. To the rest of New York's real estate families, though, they'll always be bridge and tunnel. [Star-Ledger]
gawker week in review
The Manny left us unsatisfied.
At The Manny book party, Josh left some cougars unsatisfied.
We wondered about the ins and outs of circumcision.
We visited Pinkberry and found rats and culture.
We learned what eldergays are nostalgic for, Pridewise.
We worried that the Times is shrinking faster than it knows.
We found out how the rich get rid of their children for the summer.
We fooled around with the clippers.
More »
A Very Sexually Frustrating Week
the hamptons
Senseless Hedge Destruction Sparks Hamptons War
Hamptons hedge fund kings are engaged in a public slapfight over one's decision to do a little creative gardening on the property of the other.My outrage over this arbitrary and unilateral course of action is probably only exceeded by Mr/Mrs Spilker's sense of entitlement that the four-foot wide path to the beach (and specified in the local easement papers) 'was just not wide enough for us' as he said when first broaching the subject of arbitrarily widening a path that was 'in compliance' with the local zoning.That's Kynikos Associates' Jim Chanos, in an e-mail obtained by Portfolio. The unilateral dehedger is Marc Spilker, a managing director of Goldman Sachs. We sure hope these guys work this thing out. If multimillionaires can't get along, what hope is there for the rest of us? More »
mo money, mo problems
Lemony Snicket Still Not Ultra-Rich
Daniel Handler, better known as author Lemony Snicket, has a lot more money than you do, probably. And even though he gives some away, it's never enough:My wife and I recently became obsessed with a Web site where you plug in the amount of money you made in a year and find out where you stand. If your salary equaled the amount of money my wife and I gave Planned Parenthood one year, you'd be in the richest 1 percent in the world, which is pretty great. Still, there would be 60 million people richer than you, and that's a lot. They wouldn't fit in your home, for example, even though you'd have the sort of home that only the top 1 percent of people in the world can afford.More »
The children of the rich and famous (and Vanessa Williams) get internships at magazines. Yes, it does seem like you've read this story before! [WWD]
end times
Spending Obscene Amounts On Your Baby Just Got Easier
We complain a lot about Park Slope parents and their double-wide Bugaboos and such, but to our knowledge, no parents have yet been spotted with a $4,000 nine-karat gold accented Maclaren stroller, or a $17,000 diamond-encrusted pacifier, or a $3,000 made-to-order Goyard diaper bag, or even an $850 Gucci baby carrier. Not yet! There's lots more in this Forbes slide show about the "Hippest Baby Bling" (the Louis Vuitton diaper bag is a relative bargain at $1,870) that rational people might find completely insane, but fortunately, Forbes manages to find a way to justify these expenditures. More »
first up against the wall
Rich Kids Fly Private Jets To Summer Camp
We've railed on before about how the massive wealth gap is turning us into a fatter version of Brazil, but an article in this morning's Post pretty much put it all in perspective for us. Rich kids, unable to handle the trauma of an hours-long bus ride to the bucolic setting that is sleepaway camp, are now flying chartered jets to their summer destinations. More »
CEO Pay Inflation Not Helping Senior V.P.s!
This cruel system of disparity for non-CEO execs must not stand!
More Than Ever, It Pays to Be the Top Executive [NYT]
This cruel system of disparity for non-CEO execs must not stand!
More Than Ever, It Pays to Be the Top Executive [NYT]
first up against the wall
'Times' Chronicles Existential Ennui Of Tragic Double-Domiciled Set
[H]aving a part-time house can be a full-time commitment, in the same way that owning a sailboat is commonly described as "standing in a shower and ripping up hundred-dollar bills." These second, but never secondary, houses can be exhausting, their owners admit, a litany of bills and guilt and traffic — and meals to cook for guests who arrive with only one wish: to be entertained.More »
separate but totally equal
Private School Kids Carry BlackBerries
It's so funny how Mayor Bloomberg banned cell phones in public schools, since didn't his daughters go to, like, Dalton? Or wherever? (We can't remember—do you?) Anyway, it seems that kids in New York private schools these days have moved beyond RAZRs and now carry BlackBerries and the like to school. Apparently they get hand-me-downs from their important parents? And sometimes they even get new ones? And the teachers don't even care? Not like at those stupid public schools! More »
the canadian menace
Graydon Carter Endangers Lives
Is Graydon Carter putting lives at risk? Yes, says Page Six. Seems that the swells who dine at the Vanity Fair editor's Waverly Inn are blocking the street with their big fancy limousines.Last weekend, an ambulance trying to get to St. Vincent's hospital was held up for more than five precious life-saving minutes as drivers for wealthy patrons slowly inched their limos out of the way. One cop tells us that wasn't the first time it happened.The horror! (Precious and life-saving!) We're sure when Post employees show up at the joint they always arrive on bikes, which they thoughtfully chain to nearby lampposts. Graydon, when will you stop hurting people? More »
rich people
High-Rise Neighbors Tortured By Nannies
Recently, Trish Hall, who handles House & Home, Dining and Real Estate at the Times, claimed that, in addition to catering to the super-wealthy, "we also look at less expensive options because it is very important to us to reach a range of readers, those at all income levels and in many geographic regions, with different kinds of tastes and interests." An article in today's House&Home section ought to prove Trish right once and for all. It's about how readers at all income levels—well, okay, just the highest ones, actually—in many geographic regions—of Manhattan—deal with that obnoxious lady who exiles her nanny and crying infant to the hallway of her "glassy new high-rise" so she can shower in peace. "Physical proximity amplifies and distorts the behavior of others, and can make even innocuous activities seem offensive," the report concludes. Well, at least the 15 Guatemalan immigrants sharing a one-bedroom in Bensonhurst can relate to that part. More »
non-practicing lawyers
New York Brides Need Two Dresses
Getting married in New York is expensive! Especially when you need to buy two wedding gowns, instead of just one:An owner of Designer Loft, a bridal shop in Manhattan's garment district, Paulette Cleghorn, said in recent years she's seen an influx of women "with an enlightened sense of fashion" picking out two wedding dresses.More »
team party crash
The 'Paris Review' Revel 2007
Doree and Nikola headed to the Puck Building last night for a Paris Review fundraiser. Their account, and photos, follow.There are certain ways that one announces one's place in the social pecking order. Dalton or Spence. Summers in Nantucket, winters in Palm Beach. Really all out is the board of the Metropolitan Museum of Art. For those truly interested in becoming a part of the literary establishment, there is the Paris Review and its annual gala. Most parties for the quarterly literary journal take place at its offices in Tribeca and are generally attended by the expected assortment of nattily attired lower-level publishing types and a couple of famous writers enticed by the free drinks or the comely assistants who drink too many of them. But the Revel, as the annual benefit is called, is an entirely different animal. Tickets started at $500 and one was welcome to purchase a table for $50,000, which is the annual salary of two assistants. More »
