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	<title>Observer &#187; Two Ladies!</title>
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		<title>Observer &#187; Two Ladies!</title>
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		<title>Two Ladies!</title>

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		<pubDate>Thu, 18 Aug 2005 09:17:00 -0400</pubDate>
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		<description><![CDATA[<p><img src="http://www.observer.com/therealestate/bricked-in.jpg" alt="bricked-in" align="right" hspace="10" border="1">The (incidentally fabulous) Elaine Louie has <a href="http://www.nytimes.com/2005/08/18/garden/18prou.html">a piece in today's House and Home</a> section on what happens when your view gets all bricked up.</p>
<p>That'll teach you to buy an apartment with windows on the lot-line!</p>
<p>It seems what happens is you put ersatz windows made of mirrors where your useless windows are, and also you kind-of festoon the place with Interior Design.</p>
<p>If you're buying, that is. This happened to a friend of ours renting in Williamsburg with significantly less fabulous results. His solution: Move to Bed Stuy!</p>
<p>But the funny thing about people covered in the <em>Times </em>is the way their ample supply of money helps to mitigate their plight. (Do we hear crickets? OK, we cover rich people, too.)</p>
<p>Seriously, it's a fun piece.</p>
<p>Lurking inside, however, is a less light-hearted observation which we've made before, too: "Last year the city approved the construction of 25,208 housing units - more than in any year since 1972, according to the Planning Department. (A housing unit can be a single apartment or an entire town house.) So far this year officials have authorized 15,870 more units, setting a pace that could make 2006 a record year for residential construction."</p>
<p>Umm ... let's watch out for oversupply, or the Manhattan real-estate bubble might actually burst, and finding a way to repurpose the vanity in your bathroom when they brick over your window will be the least of your concerns.</p>
<p>Also in today's <em>Times</em>: <a href="http://www.nytimes.com/2005/08/18/garden/18three.html"><em>Deedle-dee-dee-dee-dee / Two ladies!</em></a></p>
<p>Insane roommates let boyfriends move in to lower rent; The <em>Times </em>thinks of a non-<em>menage-a-trois</em> headline; and another observation about the market in general:</p>
<p>"There's definitely a housing shortage," Ms. Dekidjiev said. "For affordable apartments, people just have to think of more options, make compromises and be more creative."</p>
<p><em>Phew!</em></p>
<p><em>- Tom McGeveran</em></p>
]]></description>
		<content:encoded><![CDATA[<p><img src="http://www.observer.com/therealestate/bricked-in.jpg" alt="bricked-in" align="right" hspace="10" border="1">The (incidentally fabulous) Elaine Louie has <a href="http://www.nytimes.com/2005/08/18/garden/18prou.html">a piece in today's House and Home</a> section on what happens when your view gets all bricked up.</p>
<p>That'll teach you to buy an apartment with windows on the lot-line!</p>
<p>It seems what happens is you put ersatz windows made of mirrors where your useless windows are, and also you kind-of festoon the place with Interior Design.</p>
<p>If you're buying, that is. This happened to a friend of ours renting in Williamsburg with significantly less fabulous results. His solution: Move to Bed Stuy!</p>
<p>But the funny thing about people covered in the <em>Times </em>is the way their ample supply of money helps to mitigate their plight. (Do we hear crickets? OK, we cover rich people, too.)</p>
<p>Seriously, it's a fun piece.</p>
<p>Lurking inside, however, is a less light-hearted observation which we've made before, too: "Last year the city approved the construction of 25,208 housing units - more than in any year since 1972, according to the Planning Department. (A housing unit can be a single apartment or an entire town house.) So far this year officials have authorized 15,870 more units, setting a pace that could make 2006 a record year for residential construction."</p>
<p>Umm ... let's watch out for oversupply, or the Manhattan real-estate bubble might actually burst, and finding a way to repurpose the vanity in your bathroom when they brick over your window will be the least of your concerns.</p>
<p>Also in today's <em>Times</em>: <a href="http://www.nytimes.com/2005/08/18/garden/18three.html"><em>Deedle-dee-dee-dee-dee / Two ladies!</em></a></p>
<p>Insane roommates let boyfriends move in to lower rent; The <em>Times </em>thinks of a non-<em>menage-a-trois</em> headline; and another observation about the market in general:</p>
<p>"There's definitely a housing shortage," Ms. Dekidjiev said. "For affordable apartments, people just have to think of more options, make compromises and be more creative."</p>
<p><em>Phew!</em></p>
<p><em>- Tom McGeveran</em></p>
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