An Inside Look at Manhattan's 'Billionaire's Row'
Вставка
- Опубліковано 13 вер 2024
- For the world’s financial elite, the sky-high trophy condos overlooking Central Park will set new marks for luxury and price along 57th Street. Photo: Jeff Bush
Don’t miss a WSJ video, subscribe here: bit.ly/14Q81Xy
More from the Wall Street Journal:
Visit WSJ.com: www.wsj.com
Visit the WSJ Video Center: wsj.com/video
On Facebook: / videos
On Twitter: / wsj
On Snapchat: on.wsj.com/2ra...
i just bought my apartment on gta5 online, it was only 2milly with a 10 car garage
YoungBlaze Games arent real but once yiu got money you feel like your the man.
this street could pay off my entire countrys debts
which country?
Hassan Salahuddin from Pakistan?
same
fake Justin Y
Hassan Salahuddin your problem, not theirs.
Dawg that's not 1% that's like 0.0001%
The elite ... 😅😁😝
exactly.
In my opinion, that's 10%.
Luís Pereira certainly not top 10%. To buy an apartment for a 29 million dollars you have to be a multimillionaire. So that’s top 1%
Can you imagine how Beautiful it looks when it snows being that high up..⛄️☃️❄️❄️❄️❄️☃️⛄️☃️⛄️❄️❄️❄️
Absolutely worth the $130,000,000 price tag in my opinion
People complain how they are only for the rich, and that it doesn’t support equality.
Of course it doesn’t, let the people who worked hard to earn that money, spend that money.
I can't wait to be an upper east sider, My adolescent gossip girl dreams are still burning w passion
maybe not ever... but dreaming and hoping is free, and having something to motivate you isn't harmful
you don't say, sherlock
you act like dreaming of a life of luxury is a sin.... it's unrealistic, but everyone aspires to be rich... even if you're the most anti capitalist person ever deep inside we all want to be able to afford everything and live affluently, thanks a lot.. i hope u enjoy your pessimistic working class lives
Oh so your not in the working class? You'll never be anything special nor wealthy nor great at anything. You've been born a peasant and you'll die a peasant.
what kind of morbid life are you living???? from the way everyone is talking on the comments here it seems that social mobility doesn't exist in america, if that's the case i'll gladly just look for a luxurious address in my country or another country where people get promoted and are rewarded for their hardwork
I often fantasize about living in one of these however, my fear is a fire.
Carlos Zenon most modern buildings are actually very safe.
he's talking about millions while I don't even have 1k...
Been to Manhattan once, it takes the breath out you how tall the building are.
These places are too small for that much money but hey, to each his own
they didnt show the real places tho for obvious reasons, and the really expensive ones are big enough
They should be big. But real price always comes from the location!
It’s the location
New york land is expensive that means the rooms are too to me they are big I don't live on billionaires road but I can see some buildings over there from here
I call it billionaires road instead of row because I all ways called it that way ever time I try to say row I end up saying road instead of row
They need to be building large buildings similar to these, but alternatively they should be small low end affordable rentals that would appeal to the masses. Despite not being able to prove this, I would argue that this would bring in more taxes not only from the real estate, but since more people would be pleased, they would perform better at their jobs which also benefits the economy due to taxes. However, I am not a budget analyst so I cant and wont confirm that this would benefit New York, I am only speculating with my severely limited knowledge. It should also be noted that my brain is not fully developed due to being a teen. Anyway point is, the city government should be considering other options for new housing real estate opportunities.
Ben Weber, you'll be pleased to know that the city government IS considering other options for new housing (actually BUILDING them, too...). Supertalls like this, though, are only practical for the sorts to whom they're marketed. Outside their narrow context, they wouldn't really make much sense.
The fact your a teen and care enough to watch and post something on this says something of u. You will go far. I have no doubt.
good documentation …….
A studio cost a Million USD in Brooklyn these days. NYC Real Estate always doubles every 10-15 years. There's a lot of Ultra High paying jobs here, and people don't want to commute to the suburbs anymore, also the crime rate has almost disappeared in the City, so I don't see this crashing anytime soon.
Wow those people who live there must be super productive people. Not smarter. Not harder working. Not more creative. But somehow, with the same abilities as others, they are like millions of times more productive. God bless them.
Very clever
Actually successful people tend to be both of above-average intellect, and hard workers (Unless you inherit money, amassing self-made wealth means you had to work hard in some way). They are DEFINITELY more creative, as innovation adds value, which nets profit.
@@KevinJohnson-cv2no they sure do succeed with the help of others.
Goals. This is amazing.
Ill purchase a condo here someday
I can smell the revolution from here....
I can smell the drones gunning down the revolutionaries
Jason Young I can smell the drone operators mutinying.
Adam Cortright see in the old days we could have revolted and overthrew those in "power" with the people's decision but now with the advancing weapons capability you can have 13 people kill millions of unarmed citizens or even armed groups with some warheads. imagine you're on a plane and a terriort takes out an ak 47 with a drum mag, you can try to rush him with numbers but there's no chance of you actually overpowering him with not. God bless flight marshals.
Adam Cortright I can smell the wicked and sick individuals who would gladly take a couple thousands of dollars to legally kill thousands. there's always going to be evil, especially if you take out the humanity from people at a young age.
I thought of that, but the problem is workers control everything. They control the grid, they control air traffic, communications, commodity production....workers are even members of the military. Clearly, if the workers are going to take power, they are going to have to be organized, and they are going to have to use the resources at their disposal (which is everything).
In my opinion, averages aren't always a good market indicator as it doesn't take too many high-priced values, in this case for condos, to make the market appear more expensive than it actually is. I think a better indicator of market value would be the median.
I'd prefer a townhouse, but with a garage. And their floor plans are usually really odd and outdated, so I'd make some changes there to. Or buy three side-by-side townhouses, raze them, and build a mega mansion townhouse. My own single-family private resort in the middle of Manhattan.
Not sure if you live in ny, but on 79th and 5th bloomberg did exactly that with 3 townhouses, lol
Definitely Inspiration for me.
I cant pay for my dogs medicine.
I feel u
When he mentioned mystery buyer, he was talking about Micheal S. Dell. The founder of Dell Technologies.
For that price, why not buy a Mansion !!! ????
absolutely true but who doesn't want to live in NYC nowdays?
how else can you say you live at Billionaire's row?
Because of the view.
dudewat212 I think whoever can afford that, owns a few other mansions too😂
One word: Location.
Why do they say 1% because that ranges from like $500,000 a year to billions of dollars
Aid0c It's really the 1% of the 1%. Or like the .01% I think.
Yeah, really the .001%...even city workers in NYC make like $250k with overtime and they for sure aren't wealthy elites lol...barely middle class
Retrocade Podcast
City worker's in NYC are not making anything close to 250K a year.
Oh No?
Publik, Richard J Police Department $257,223 Police Department
It's public record, let's take NYPD for example. Their 5 1/2 year salary package is at $90,829. But since so many work a lot of overtime with differentials, many make closer to $150k. About 10% make above $200k. Now factor in a household (Say, a cop and nurse), and the household income is even greater.
Retrocade Podcast
You are speaking about a very small amount of people in only one of the cities many many departments. The city of NY employees a lot more than just police officers.
I've been here my whole life so I'll say it again. NYC worker's aren't getting anything close to 250K a year.
I would prefer a big villa rather than these apartments
1:40 This just shows why average is a misleading measurement
I’d rather have a cabin out in the woods surrounded by nature than a luxury condo surrounded by the filth of New York
and now all of them have become bad financial investments cuz they've lost 15-20% in value. That much supply ALWAYS ends bad for the speculators.
How & when did that happen?
Any source?
Manhattan is a total mess; a literal concrete jungle. The views when you look out the window of one these buildings is, mass of other buildings. When you are at ground level, it's very claustrophobic.
At least two of the mentioned buildings oversee central park, and there are almost no buildings inside that park.
yeah... thats kinda the point
Hey, at least the street pattern is organized...
I love the upper east side or SoHo!
Is it just me or does the guy talking sound like Jimmy Kimmel?
Its just you.
Yes !!
He wasn't ripping on Trump the whole time so I'd say no
Majestic Horsie jimmy kimmel is a sellout puppet who fake crys about false flag mass shooting for sympathy to their fucked up new world order
Just you.
these properties are amazing! luckily i have one family member who lives here
Until a building is made out of gold, I'm not impressed
Tina Loye *cough* Trump Towers!!
Bob Fraze that's impossible tho
RetroGuy76 so just use more expensive gold.
www.therichest.com/travel/20-buildings-that-are-literally-made-from-gold-from-all-around-the-world/
George Bush do yo thing😘
Jpk Channel what thing? George bush couldn’t afford to live there.
Mannon Howard he means like you know planes that destroy buildings maybe the number 9/11 rings a bell
el nino jr what’s George Bush got to do with it?
so your saying you dont know it was an inside job
el nino jr what?! Don’t be ridiculous.
The Greatest City on earth period!!
Not anymore my friend.
Sounds like another housing and construction bubble...
Yeah but how many are actualy gonna live there and not just have it as a Physical Repesentationary Storage of Money. Lots of Money, for if the case ever arises you need to liquidate all of that.
I was the buyer. I'm going to enjoy purchasing more condo's. The prices are so cheap.
Vanity of vanities, saith the Preacher.
Why can’t people just buy houses that they will actually live in... housing is an essential to life and it’s sickening to see it become “investments”. Thanks to that our generation is struggling more to just find a place to sleep and rest :(
I like it let’s buy two of them
lol "more than a half dozen properties" just say 7
😂😂😂
I’d rather live in a shack on 50 acres.
I bought my apartment in NYC. It cost me 896 MILLION DOLLARS! It was a deal!
I would prefer a townhouse, with access to hotel amenities.
I would rather have 10-12 eight million dollar homes in other cities
Anyone hyped for 1 Vanderbilt?
Cold weather and crowded... no thanks!
Does anyone know the background music?
I took the risk dealing with Luiz to be in charge of my trade and finally end up with perfect testimony.his platform is amazing and very straightforward
Thanks Luiz .+1.8.0.3.5.6.6.0.6.9.7
So, should an earthquake ever happen in that area, I doubt if all the insurance companies would pay out the total insured amount before declaring bankruptcy....
my final goal......
all about location
crazy
100 million dollars for a something that isn't a house? you got ripped tf off
canes for real bro. You can buy like a 60,000 square foot house with like a 20,000 guest house for 95 million in Texas, compared to a 6,000 square foot penthouse in NYC
tucker lacey Id rather live in New York than Texas. Besides, the reason it's so expensive is because of the location.
Foreign investor's influx of rent money enriches the dev companies and will eventually destabilize the NY economy. But since it's only affecting middle to low income people, no one will say anything just yet.
While 1 penthouse will pay off the building. The rest is all profit.
OMG, what negative comments that I see! There`s something seriously wrong with you negative types; if you`d be a little positive, you`d find a lot of joy rushing into your lives like fresh air!
Sorry, but what is positive about this video?
Lots to be positive about-wealth!-elegance!-luxury! It`s all about the attitude, my friend.
@Zero Cool Government regulation and intervention is the reason for economic collapse.
But it's pushing all of the culture of New York that makes it New York
At 100 million dollars for a spot in a building, I wouldn’t take it. A single million could buy you a nice home on a decent chunk of property and peace to come with it.
coolbeanzs Pretty sure the people who own these places have multiple houses.
@@Justin-ev8nn for 100 million, you can buy much more. Inxupose I'm biased.
imagine an earthquake in Manhattan
Khristian Crz Or a 3,000 foot Tsunami that would wipe Manhattan off the map.
I love how he says the one percent like they’re happy to be called that. Must be nice...
Spencer Chase are we jealous
That’s more like the 0.1%
The Good Life...
1% are millionaires.
0.001% are billionaires.
Get it right!
I bought one last night for my maid servant for being a good girl.
spoiler alert! a bunch of salty commies in the comment section
Didn't actually find many. Mostly people saying they don't know why someone would want to live there. Never been much a fan of New York myself & condos aren't really my thing, so I kinda agree.
Being a billionaire would be nice😍😘
Жақсы
rather i will buy an acre plot near some beach.
The word Condo seems like a ripoff. It's an overpriced apartment with a fancy name. They give you the ruse that you own the Condo, but it's not really. It's all attached to the building anyways. Which whoever owns that is the true owner.
Wow. Build it and they will come / both ends of spectrum. NYC
front row seats for the mushroom cloud when it comes.
A full glass of Krug Clos d'Ambonnay 1998 in one hand, and a Gurkha Black Dragon cigar in the other.
and a nice little hand picked escort. wont have to worry about anything in the long run.
Any of these would do. www.eliteclubnyc.com/vip-models/ Thou I like Brenda, and Brianna.
yep nailed it,very nice
Nukes are more likely to hit the West Coast first.
😮
Sickening
Don The Con with his family and friends...The Russians and Chinese sure do love their Donnie!
#MakeRussiaGreatAgain
sorry but price is lower
It is nice in rural Upstate New York if you are a tourist with lots of money to spend at the tourist sites in the country/rural geographic areas. the people are nice. It is a poverty-stricken geographic area. Some people don't have electricity because Social Services doesn't help them in the ways that they should. Some people don't have septic tanks in rural Upstate New York and Social Services doesn't help them in the ways that they should or could. Social Services in rural Upstate New York only help who they want and when they want. Rural Upstate New York would be a better place to live IF New York City took over and ran its courts and police departments and Social Services. If rural Upstate New York did stuff similar to the ways that New York City does, then rural Upstate New York would financially have a lot more. If they did stuff similar to the ways that Blacks and Hispanics do then everyone would have more. More financial aid from the Federal government is needed in rural Upstate New York and also in New York City. The Federal government has to give more financial aid to all citizens in the United States and Puerto Rico.
It is sad to live in rural geographic areas because they don't do that much economic development or community revitalization. They don't make it easy for me to stay living here where I live and that is frustrating. I don't have that much family which I already sent you emails and information about. If they made things easier for me then maybe I might enjoy living here where I live but that is not what they seem to have in mind for me. I can barely afford to live here where I live. My sadness is from the poverty that I live in. In New York City I would be living in poverty too but there is a different mindset and different ways of thinking in New York City.
The large corporation that put the trailer park here in rural Upstate New York means well but the way that they do stuff in rural Upstate New York causes poverty and there are lots of empty lots and empty trailers in the trailer parks in the rural Upstate New York geographic areas because the local small towns don't like larger corporations. Almost everyone has to have SSI which is Supplemental Secuirty Income from the Social Security Administration and public assistance to pay rent and buy food and pay for transportation.
I am only one person and I appreciate the JoLo email with the lighter and happier things. I can the sadness on Jennifer Lopez's face. I can see the sadness on Ben Affleck's face. It is challenging to be divorced. It is challenging to have children. It can be stressful to have children from two different spouses together. I pray for Ben and Jen and their kids.
I am only one person and I would gladly move to be with a group of people with who I could live together or work together. Or live in a large one-room studio apartment and go to a place to work for very little pay in a larger city. I would do something similar to what Jennifer Lopez and Ben Affleck are doing if I could.
I would go to the gym almost every day if I could. I would go swimming almost every day if I could. A would find people who I could do group events with such as book clubs and more fun activities. Maybe find an interdenominational church to go to. Licensed Social Workers who provide counseling are also in New York City too.
It is okay to documentary films about the Holocaust and Child Brides and stuff from World War 2. But I don't want to sit around here in this trailer park for the rest of my life. A lot of people ask about my prior background and I have sent information so they can verify information about my prior background. I don't mind looking back at the past and how the past impacts why we are the way we are today in the month of April 2023. The past is why things are the ways that they are now in the year 2023. But I would also like to move forward in my life and I don't see that happening yet. To me, it seems like stagnation.
I don't like living way up here in rural Upstate New York because it is like living in the bible belt and they pray to a dead man whose name is Jesus. Jesus was murdered. Jesus did not choose to die. So they pray to a dead man whose name is Jesus because why? They pray to a dead man that was murdered because why? It is okay to pray to Jesus. I am not making fun of people who pray to Jesus. People have different religions. Thumping bibles.
I lived in New York City from 1994 to 2006 and would gladly move back to New York City and stay in New York City for the rest of my life if I could. A one-room studio apartment in New York City sounds excellent to me. Why a one-room studio apartment? Because it is very expensive to live in New York City so a one-room studio apartment for a single person because I don't have that much family. I don't have children. I won't have grandchildren because I didn't have children. Unless miracles happen. Praying for God's amazing grace miracles. Maybe I could travel to Italy too if I lived in New York City. I like Italy too. I like Europe and European things.
Retrospecte Empreendimentos imobiliários global 2023😮😮😮😮
* @ i seen them twice...
Imma live there too. As a maid
...and the plebs is clicking likes/dislikes on UA-cam lol
The reader of further offerings can’t write
i rather have a house
100 mln “mystery buyer “ is Bill Acknan. U r wlcm
Ni SSS Michael Dell was the buyer; Ackman’s acquisition wasn’t private nor $100M, rather $90.
I have 65 dollars with me and us dhs Is trying to kill me in india by erasing my past in california
pradeep Kumar xplorer nice
I would not want to live in 432 Park ave building its to tall and skinny, it kinda looks unstable. Even though it has a nice view...
If it is free?
Junyu Lee If it was free I would live in it
@Velocity it comes with a parachute so you can jump through window
Christ how does people become so wealthy..🤤
Either inheritance, investment, or opportunity. Most of them are foreigners, that means they made their wealth in the rising economies of Asia, probably.
Go Ivy League, network, get a high paying job, invest, become these people. If you’re too old, tell your children to go Ivy League.
@@hellosammy4105 Rather black money from foreign politicians who looted their country.
Obscene
that "mystery buyer" is me
JEW YORK
Waste of $$$$
Sorry to busy killjoy hear but with so much poverty and starvation in the world, this is an absolutely disgusting display of greed and wealth, and quite frankly I don’t believe anyone person should be able to have that much, not as long as there’s people starving to death on your streets, and on the streets around the world. I’ve always said that I live in a society I will never understand, because while I like nice things as much as the next person, I also care deeply about my fellow citizens of the world. It just tears me apart to see people with absolutely nothing, or people in the low to middle class, who barely survive paycheque to paycheque, because the top 1% is walking all over the backs of the poor and benefitting from them by taking every last cent from them they can. Frankly it just disgusts me, and if anybody has a conscience it should disgust you as well. Nobody is better than anybody else, we are all the same, geography should never dictate one’s social class, every human being on this planet deserves the right to all the same freedoms we enjoy here in North America, but the wealthy elite‘s will never allow that to happen because of their greed, and they’re absolutely evil contempt for humanity. We will never evolve as a species, until that top 1% is knocked right off their podium, and all the money they horde is distributed evenly throughout the world, which would easily eliminate hunger and poverty across the entire planet, yes, it is just that easy, but sadly it will never happen, not as long is the top 1% remains.
TJ Devereaux how do you know if these people have contributed to charities or have provided value to the world? Money doesn’t define a person it’s just a tool, give a good person money and they will do good things, same goes for a bad person. I’ll be doing more good for this world as a millionaire impacting millions than making $30k a year for myself, poor people are selfish
@@cesarrobledo2583 because people are starving all over the world?
HMFTG so if I feed a million people, yet live in a mansion, I don’t deserve it?
@@cesarrobledo2583 give me a logical reason to why rich billionaires need apartments that are 20 million dollars, when people are outside struggling to find a place to live themselves? Yet this same place is vacant and could easily cover someone who is homeless, explain your logic?
HMFTG Life isn't fair. Nothing you can do about it.
I will be buying an apartment on billionaire row in the coming year
crime sometimes pay afterall
Everything sometimes pays. It's called life.
I owned one of them. It is not worth it as it is all hype.
Are these Trump built, any one know?
+LOWE sonia ..Trump is not the biggest cheese he puts out to be he's just a big boaster.
I think Trump's son in law is involved in one, but I forget which.
"Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires." Wake up people, we need some changes asap. Income inequality has been skyrocketing. This is objectively the case. Consult the data.
boo
When poor people live in highrises they are considered slums.! When rich people do they are penthouses.either way they are horrible.
stringer 2295 *Beautiful ......Fixed your typo you're welcome
....................daddy
4 bn $ building.
2 planes.
1 angry arab.
whoshhhh 😎😎