Thursday: Billion Dollar Kitchens, Cradles, and Co-Op Fees

  • The Post finds the motherlode of real estate in Brooklyn’s Prospect Lefferts Gardens. On the bright side, the neighborhood has no “available land for development.” On the dark side, the golden $200,000-for-an-apartment price is fast on its way up. (New York Post)
  • Hypocritically massive mansion of the day: Bill O’Reilly’s gated Manhasset dreamland. He is, indeed, a man of the people. (Cryptome, via Gawker)
  • Utility fees, insurance premiums and big bad taxes are forcing a hike in co-op maintenance fees. Another “killer” is heating cost, which means we should all follow the green example set yesterday by the Clinton Hill Apartments. (New York Post)
  • Americans will spend an inappropriate $79 billion on their kitchens this year. But only the big spenders of “Manhattan’s toniest ZIP codes” will get their very own Remains of the Day and/or Something’s Gotta Give food space. (The New York Times)
  • Why stop there? New Yorkers are plunking down $80,000 to get their fancy hands on Ron Arad aluminum rocking chairs. The nursery, of course, is also an It Room. (New York Post)
  • The cost of New York City living is sprouting “unusually fast,” raising our inflation to a 15-year record. Housing, which accounts for half–half!–of our cost of living, rose 5.6% since last year. Thank God for expensive kitchens and cradles. (The New York Times)
  • Max Abelson

    Thursday: Billion Dollar Kitchens, Cradles, and Co-Op Fees