New Yorkers can be so solipsistic. We tend to forget that New York is not the only place where you can get a decent meal, where talented young people congregate, where the mega-wealthy dump huge quantities of cash into real estate they hardly ever use.
You know where rich people also spend wads of money on ridiculous mansions? Park City, Utah.
The New York Times has a story about the ski resort of a mobile advertising mogul and home of the Sundance Film Festival in this week’s real estate section. It’s no surprise that money falls like snow in the resort town—as The Times aptly points out, Aspen may be nice, but most of it is surrounded by public land. Which you can’t buy and resell for a lot more money. Ugh. Read More