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	<title>Observer &#187; Thursday: The Old Sontag Penthouse, The Old &#8216;New Soho&#8217;, and a Wall Street Journal Rip-Off</title>
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		<title>Observer &#187; Thursday: The Old Sontag Penthouse, The Old &#8216;New Soho&#8217;, and a Wall Street Journal Rip-Off</title>
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		<title>Thursday: The Old Sontag Penthouse, The Old &#8216;New Soho&#8217;, and a Wall Street Journal Rip-Off</title>

		<comments>http://observer.com/2006/08/thursday-the-old-sontag-penthouse-the-old-new-soho-and-a-wall-street-journal-ripoff/#comments</comments>
		<pubDate>Thu, 31 Aug 2006 08:30:00 -0400</pubDate>
					<link>http://observer.com/2006/08/thursday-the-old-sontag-penthouse-the-old-new-soho-and-a-wall-street-journal-ripoff/</link>
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		<description><![CDATA[<p><img alt="soho2.JPG" src="http://therealestate.observer.com/soho2.JPG" width="224" height="181" /><br />Soho! Just kidding.</p>
<li>Weeks ago we mathematically disproved the assertion that <a href="http://therealestate.observer.com/2006/07/friday-integrity-monitor-to-monitor-for-mob-activity-at-grou.html">"The Garment District is the new Soho,"</a> though the <em>Post</em> apparently plugged its ears. So what does its cover story report to back up the age-old Garment claim? Only that the the neighborhood has "funky artists"--plus: it's "gritty and delicious." <a href="http://www.nypost.com/realestate/hot_fall_fashion_realestate_max_gross.htm"><em>(NY Post)</em></a></li>
<li>For $3.75 million, the late Susan Sontag's penthouse at Chelsea's London Terrace could have been yours. (You would have had to act quickly, though: it stayed on the market for just a few weeks.) And alas you've also missed a chance at grabbing Britney Spears' four-level Silk Building abode (though that's <a href="http://therealestate.observer.com/2006/07/britney-sells-at-the-silk-for-4-m.html">old news</a>). <a href="http://www.realestatejournal.com/columnists/private/20060830-private.html?refresh=on"><em>(WSJ)</em></a></li>
<li>Who had any idea that ritzy--and empty--Manhattan condo buildings were dangling gold-plated carrots to lure naive buyers? Those carrots come in shapes and sizes like Turkish baths (<em>cough!</em>--excuse me, sir) or borrowing libraries (lame.) Best of all: pandering to the lazy or gourmet or morbidly obese condo crowd are <a href="http://www.nypost.com/realestate/perk_of_the_week_realestate_.htm">daily home-delivered meals</a> at Slate on West 18th. <a href="http://www.nysun.com/article/38889"><em>(NY Sun)</em></a></li>
<li>It's about seventeen years too late to print a headline like: "The fight over Atlantic Yards heats up." And yet all journalistic sins are excused when a Yards article has Bruce Ratner quotes such as "It's a good cause, and we are going to win." Or any Bruce Ratner quotes at all. <a href="http://nypress.com/19/35/news&amp;columns/JohnDeSio.cfm"><em>(NY Press)</em></a></li>
<li>What does '<em>Where were you when it happened?</em>' mean? It means that it's been five years since the World Trade Center attacks, and that the WTC Foundation still needs $167 million for its museum and memorial. So of course the group is rolling out an ad campaign "designed to tug on people's heartstrings." And wallets. <a href="http://www.newyorkbusiness.com/news.cms?id=14603"><em>(Crain's)</em></a></li>
<p>- <em>Max Abelson</em></p>
]]></description>
		<content:encoded><![CDATA[<p><img alt="soho2.JPG" src="http://therealestate.observer.com/soho2.JPG" width="224" height="181" /><br />Soho! Just kidding.</p>
<li>Weeks ago we mathematically disproved the assertion that <a href="http://therealestate.observer.com/2006/07/friday-integrity-monitor-to-monitor-for-mob-activity-at-grou.html">"The Garment District is the new Soho,"</a> though the <em>Post</em> apparently plugged its ears. So what does its cover story report to back up the age-old Garment claim? Only that the the neighborhood has "funky artists"--plus: it's "gritty and delicious." <a href="http://www.nypost.com/realestate/hot_fall_fashion_realestate_max_gross.htm"><em>(NY Post)</em></a></li>
<li>For $3.75 million, the late Susan Sontag's penthouse at Chelsea's London Terrace could have been yours. (You would have had to act quickly, though: it stayed on the market for just a few weeks.) And alas you've also missed a chance at grabbing Britney Spears' four-level Silk Building abode (though that's <a href="http://therealestate.observer.com/2006/07/britney-sells-at-the-silk-for-4-m.html">old news</a>). <a href="http://www.realestatejournal.com/columnists/private/20060830-private.html?refresh=on"><em>(WSJ)</em></a></li>
<li>Who had any idea that ritzy--and empty--Manhattan condo buildings were dangling gold-plated carrots to lure naive buyers? Those carrots come in shapes and sizes like Turkish baths (<em>cough!</em>--excuse me, sir) or borrowing libraries (lame.) Best of all: pandering to the lazy or gourmet or morbidly obese condo crowd are <a href="http://www.nypost.com/realestate/perk_of_the_week_realestate_.htm">daily home-delivered meals</a> at Slate on West 18th. <a href="http://www.nysun.com/article/38889"><em>(NY Sun)</em></a></li>
<li>It's about seventeen years too late to print a headline like: "The fight over Atlantic Yards heats up." And yet all journalistic sins are excused when a Yards article has Bruce Ratner quotes such as "It's a good cause, and we are going to win." Or any Bruce Ratner quotes at all. <a href="http://nypress.com/19/35/news&amp;columns/JohnDeSio.cfm"><em>(NY Press)</em></a></li>
<li>What does '<em>Where were you when it happened?</em>' mean? It means that it's been five years since the World Trade Center attacks, and that the WTC Foundation still needs $167 million for its museum and memorial. So of course the group is rolling out an ad campaign "designed to tug on people's heartstrings." And wallets. <a href="http://www.newyorkbusiness.com/news.cms?id=14603"><em>(Crain's)</em></a></li>
<p>- <em>Max Abelson</em></p>
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