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Home > Business & Economics > Real Estate - General > The Sky's the Limit: Passion and Property in Manhattan-eBook

The Sky's the Limit: Passion and Property in Manhattan

Gaines, Steven , S.

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The Sky's the Limit: Passion and Property in Manhattan

From the author of the bestselling Philistines at the Hedgerow, a mesmerizing inside account of the high-stakes world of Manhattan residential real estate Steven Gaines takes us from New York's most expensive condominiums and co-ops to the offices of its most powerful real estate brokers to reveal the outlandish displays of ego, bad behavior, and status hunger that come into play when the best addresses in the city are on the line. With his signature élan, Gaines weaves a gossipy tapestry of brokers, buyers, co-op boards, and eccentric landlords and tells of the apartment hunting and renovating adventures of many celebrities - from Tommy Hilfiger to Donna Karan, from Jerry Seinfeld to Steven Spielberg, from Barbra Streisand to Madonna. Gaines uncovers the secretive, unwritten rules of co-op boards: why diplomats and pretty divorcées are frowned upon, what not to wear to a board interview, and which of the biggest celebrities and CEOs have been turned away from the elite buildings of Fifth and Park Avenues. He introduces the carriage-trade brokers who never have to advertise for clients and gives us finely etched portraits of a few of the discreet, elderly society ladies who decide who gets into the so-called Good Buildings. Here, too, is a fascinating chronicle of the changes in Manhattan's residential skyline, from the slums of the nineteenth century to the advent of the luxury building. Gaines describes how living in boxes stacked on boxes came to be seen as the ultimate in status, and how the co-operative apartment, originally conceived as a form of housing for the poor, came to be used as a legal means of blackballing undesirable neighbors.

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Title of ebook: The Sky's the Limit: Passion and Property in Manhattan
ISBN: 9780759513877
Publisher: Little Brown
Internet download file size: 860 kb
Released online for download: 06-01-2005
Author of eBook: Gaines, Steven , S.

The Sky's the Limit

Chapter One

CARRIAGE TRADE

On that day in June 1999 when Tommy Hilfiger got into 820 Fifth Avenue, on the Upper East Side of Manhattan, where these kinds of things duly matter, the news was examined and deciphered like some sort of a social Rosetta stone. The ladies with the tanned, slender arms in their sleeveless Carolina Herrera dresses picked over the details-the square footage, the price, his wife, his money-along with the cheese souffle every day at lunch that week at Swifty's. Why would eightyish society nabob Jayne Wrightsman, who reportedly controlled everything at 820 Fifth Avenue, down to what color the lampshades were in the lobby, let Tommy Hilfiger in? What did that mean? Was Fifth Avenue turning into Central Park West?

Fifth Avenue is the address against which all others are measured. It cleaves Manhattan down the middle, East from West, the geographic arbiter of status. It divides the Croesusean rich from the merely wealthy, the influential from the truly powerful. From its southernmost tip, at Washington Square in Greenwich Village, to ... read full excerpt from The Sky's the Limit: Passion and Property in Manhattan ebook