08 6 / 2012

"Brokers and developers around town say Mr. Loeb and his wife are quietly shopping the 10,674-square-foot space, which he bought in 2008 for $45 million, and are in search of something larger. “I heard he wants $100 million,” Mr. De Niro said."

The hedonic treadmill strikes again. You buy a 10,674-square-foot apartment, you’re on top of the world, but then, a few years later, you start thinking, wouldn’t it be nice to have a bit more space?

Apartment Hunting for the Superrich - NYTimes.com

  1. pegobry reblogged this from felixsalmon
  2. wallofdis said: I love how these articles are written like, “Here’s what’s happening in NY” instead of, “Check out this fucking tiny crazy corner of the world!”
  3. felixsalmon posted this