Early this summer, when I was collecting people to be in my summer house rental upstate, a 28-year-old guy, Chris Fahey, turned me down because he said it was “too bourgeois” to be part of a share. Too bourgeois! It gave me a strange thrill to hear those words. They had a taboo-ish sexiness, as Read More
It’s 1999, and the Internet stock boom is flooding Silicon Alley, New York City’s “new media” zone, with crazy money. Suddenly, 24-year-olds like Stephan Paternot and Todd Krizelman are worth more than $50 million apiece on paper since their company, Theglobe.com Inc., went public in November. Twenty-seven-year-old Bo Peabody made a similar paper fortune when Read More
Affordable Housing or Lack Thereof
