Many dream about moving to New York to make it in the big city, but never for $332 a month, that is just unheard of. Arnold Warwick’s has a beautiful four-bedroom apartment in New York City's Greenwich Village that happens to be rent controlled and if it wasn't he would have been paying upwards of $5,000 a month. People are fighting for this prime real-estate and also for its glorious rent controlled agreement. The properties are owned by Angelina Fiordellisi, the executive director of the Cherry Lane Theater bought eight of the properties and was not planning to make a large profit from them. Most of the original buyers are still living in those properties holding on to them and passing them down to their children.
Elizabeth A. Harris knew her audience very well, dreamers who want to move to the Big Apple. She lures people in with a tempting illusion that they too could own an apartment in a big shot neighborhood for only $332 a month. I must say it was tempting and one day I believe that it would be fun to live in New York City, but for now I am happy in Massachusetts in a quiet town that almost no one knows about.
http://www.nytimes.com/2012/01/24/nyregion/rent-controlled-paradise-above-a-greenwich-village-theater.html?_r=1&src=me&ref=general
H-Town! :) I like to visit the concrete jungle, but I don't think I would like to live there for an extended amount of time.
ReplyDeleteGood job!