NY Times Residential Sales
My wife likes to read the Sunday Styles, but I can’t resist
The Residential Sales on Thursday. With a combination of envy and hatred, you really know where your place in the world is when you catch up on this weekly listing, which offers a varied, but partial listing of properties for sale all over town. Though anything on the list is obviously not selling too quickly, you get a sense of how different your life would be if aside from the purchase price your apartment had these stats: “3 exposures, Central Park view; maintenance $3,046, 50% tax-deductible; listed at $2.995 million (multiple bids).” 24 hour doormen are not cheap, and that maintenance won’t pay for your phone bill either. But how, may I ask, is half of that maintenance tax deductible? Once again, the more $ you have, the more you save.
Originally published May 27, 2004