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)