How Not to Feel Sorry for the Rich

Not only are rich people selling their diamonds, dropping their personal trainers, and worrying about telling their spouses to stop spending money because of the economy (at least, that's what a NY Times Styles section article says!), they are forced to advertise their multi-million dollar homes using a chalkboard--with euro conversion--on the street!

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By Jen Chung in News on June 2, 2008 3:29 PM

Comments [rss]

Sir Kenneth Clark

That chalk board has seen better days. Looks like someone had to go shopping in the 'ol dumpster.....

mdow

starrygordon, you nailed it. we're screwed. and yeah, without support from the euro, ny would be even more screwed. but this all points downward, now and later. the drop in the dollar isn't going anywhere any time soon...

michi, can i borrow some euros?

starrygordon

Depends whether your German bankers are taking care of business. The USA, in its quest to become a Third-World country, has been printing money vigorously for several years, and accelerated the pace recently to compensate for the consequent failing (and falling) belief in the same.

nymichi

I love to see $4.95M = 3.17€. Actually I wish it were even lower...

Yes, I am european and I am living with saving in Euros..

Michi

www.glimpseofnewyork.com

sonyactivision

I recently listed the Brooklyn Bridge...in euros.

nik13

Botox business is down too. Matter of time before some NY, CA or FL congress-critter comes up with legislation trying to help financially stressed segment of "Sex and the City" herd. Forget the mortgages! Sagging skin is the real enemy.

Splicer

Hopefully there's a rickety crane with that apartment's name on it.

cchelseac

this is a cute story, i guess, but I'm pretty sure this chalkboard is on the steps of a broker office on prince street, where they have always put all their rentals and sales up on chalk boards on the stoop. Sort of saying "we're cool, non threatening, bohemian chic"

I could be wrong, this could be on some other step, but I pass this place to work, and it looks like them.

Rocknrope

I hate all chalkboards.

nomnomnom

I think the prices are written in chalk because the $ is going to fall even more. You can't put that in ink because the sign would be reprinted too often.

Steven

Maybe they should try to be like the middle class?

MFer

The dollar has really fallen. $4.95M = 3.17 Euros?

yoplay

well I was referring to the high prices ny-ers have to pay for their services. I just recently gave up my joint for cheaper living and the brokers brought people in to show it, they were did pretty much nothing, but turn the keys to open the door.

navinjohnson

to me, the interesting part of the photo is that the price is listed also in euros. show's who is really running the city now and, sa much as i hate the tourists that are swarming the streets, our economy would really be fucked without them.