Wednesday: Bruni Goes to Brooklyn, and More BLT

  • Last year, one in ten “affluent Americans” expected a drop in their real estate’s value. This year, it is one in three. (In other news, lots of rich people leave their money to pets). (New York Post)
  • Three BLTs are never enough. Chef Laurent Tourondel and moneyman Jimmy Haber will set up a brand new BLT restaurant at the ritzy Ritz-Carlton Central Park. Goodbye, Atelier – hello, sidewalk cafe. (Crain’s)
  • Frank Bruni ventures to Williamsburg in search of sophistication without cleverness, beauty without flamboyancy. He finds a restaurant unstained by youthful hipster musk, and he rejoices. “Williamsburg,” Mr. Bruni concludes, “has grown up.” (The New York Times)
  • Maybe that $1,000-per-month-for-anyone story wasn’t quite realistic: Manhattan’s apartment vacancy rate dipped to 0.43% in May. (First prize goes to Murray Hill, leading the way at 0.21%). The bad news is that the average three bedroom apartment costs $4,150 per month – the good news is that there are hardly any available. (New York Daily News)
  • - Max Abelson