New York City children are now choosing their parents' multi-million dollar apartments for them
This has always been my theory, given some of over-the-top quotes that get printed in the section.
Take, for instance, an excerpt from this week's story on young children who "are doing everything but writing the check" on their parents' multi-million dollar real estate purchases:
Mr. van Merkensteijn, an investor, told his son [Skye, 13] he couldn't afford a $14 million apartment. As for Mrs. van Merkensteijn, if you wanted her to leave the family's eight-room apartment at the Beresford on Central Park West, she said, you were going to have to carry her out. In a box.
Still, for a lark the couple strolled over to check out their son's find, which, in addition to the pool and an expansive terrace, had bedazzling views of the Hudson and the Palisades. "We looked at each other and said, 'This is unbelievable,' " Mrs. van Merkensteijn recalled. "The idea that you could own a place like this in New York City was amazing."
Skye came along to the closing a few months later.
Remember, kids, the number one rule of living in New York City: never talk to a NYT real estate reporter.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- India Inc marks slowest quarterly revenue growth in January-March 2024: Crisil
- Nothing Phone (2a) India-exclusive Blue Edition launched starting at ₹19,999
- SC refuses to plea seeking postponement of CA exams scheduled in May
- 10 exciting weekend getaways from Delhi within 300 km in 2024
- Foreign tourist arrivals in India will cross pre-pandemic level in 2024
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market