" Speaking of excess, how are the super-wealthy handling the chaos gripping the stock market, financial institutions, homeowners? Does it affect the people who populate Boston's new cathedral of wealth the way it does the rest of us? Glaeser thinks it doesn't. "The people who are actually buying these apartments are not stretching to do so.... Even if the tsunami causes a 30-percent decrease in their net wealth its not going to stop them from being to afford this."
Heck, they might even PROFIT from it!
Also see: The Economic Untouchables
The Boston Globe Worships the Wealthy Elite
Only U.S. Elite Need Apply
The Comfortable Class Above It All
"Back Bay's tower of wealth; Luxury Mandarin to open next week" by David Filipov, Globe Staff | September 29, 2008
When the Mandarin Oriental, Boston, a $300 million luxury hotel and residential complex, opens next week, the city will see an overt expression of wealth like it's never seen before - and something that seems immune to the financial crisis bedeviling most Americans. It's not only an entirely new level of opulence in luxury housing, but also a manifestation of a profound change in the way this city expresses its wealth.
Translation: The WEALTHY ELITES are SHITTING in YO' FACE, 'murka!!!
The least expensive of Mandarin Oriental's 49 condominiums runs $2 million; the priciest is $14 million.
Ummm, no, I don't have this weeks rent check.
All sold when they were but a glint in the developers' eyes, to buyers who saw nothing more than floor plans. The residences are like 49 urban versions of Weston mansions that somehow fit into two 14-story towers that rise above the hotel and a retail arcade. The developers, Robin A. Brown and Stephen R. Weiner, believe that the arrival of Mandarin Oriental - a fixture in such cities as New York, Geneva, London, and Tokyo - is a sign that Boston has hit the big time.
So are the increasing homeless in the streets!!!
What does it say that so many super-rich people want to live under one roof, in a complex with hotel service, and located above
It says AmeriKa is a sick fucking nation, that's what it says!
Over the last two decades, the booming technology and (until recently) financial industries have put large amounts of wealth into the hands of entrepreneurs, who tore down the old houses in the rich suburbs and built newer, bigger ones. Developers began building luxury condominium complexes, like the Ritz-Carlton and Atelier 505, around Boston.
Edward L. Glaeser, director of the Rappaport Institute for Great Boston: "There's been an explosion of wealth and some of those people like to show it off. That's just a sign of the region's success, and the people who have done phenomenally well."
Can their be any more doubt that the Boston Globe here serves RICH ELITES?
And you thought the "newspapers" were looking out for you, Americans? Thought they were telling the truth about everything when the truth is they tell the truth about NOTHING?
And now comes Mandarin Oriental. So what luxuries lie within? Take the 20-foot-by-20-foot bathroom in a 4,500-square-foot, two-bedroom apartment that, as Brown said during the tour, sold "in the eights." That's $8 million to you. The shower alone could accommodate the Patriots' offensive line, and it isn't even the most elegant in the building.
As with everything, richers shit bigger, too!!! And it STINKS MORE!!!!!
That honor probably goes to the 8,300 square foot apartment with the rotunda-like wash area that features a massive round bathtub inlaid with imported tile and mood lighting that evokes the experience of a Roman palace.
Any doubt you are a THIRD WORLD COUNTRY, 'murkn shit-eater?
But you are "free," right ? Free to eat shit!
With the adoration of a loving parent, Brown, longtime hotelier to the rich and famous, pointed out the unique features of the development that he and Weiner spent more than a decade designing and building. He glided down the corridors, gesturing at his work like Willy Wonka displaying the wonders of his chocolate factory.
Pffft! Willie Wonka enslaved Oompa-Loompas!!!!!
Each unit, each floor, is unique, requiring massive amounts of steel to support the 12-foot ceilings and expansive rooms unsullied by beams and pillars. Twelve units are connected to private roof decks via personal elevators. There, owners can order from the hotel's room service steaks or seafood prepared for grilling, and have housekeeping clean it up when they're done.
The fact that the units sold so quickly, Weiner said, meant that there were enough people in the area who wanted and could afford this level of service. "Clearly there was a need," he said. "This is a major financial capital. There has always been wealth here, but it is growing."
Mayor Thomas M. Menino agrees. "Boston has grown up. It sends a message that Boston is alive and well, and we want to compete with the cities of the world," he said of Mandarin Oriental in a telephone interview. "This is part of the whole future."
Disgusting to watch local officials gush over globalists!!!
But Da Maya is looking out for YOU, Boston resident!
Please see: Whom Mayor Menino Met in Italy
And the owners? They include Robert Epstein, a managing partner of the Boston Celtics; Charles K. "Chad" Gifford, the former chief operating officer of
All BIG WIG STINK ELITE SHITTERS in the BUILDING, huh?
And how many people were foreclosed upon this month?
Speaking of excess, how are the super-wealthy handling the chaos gripping the stock market, financial institutions, homeowners? Does it affect the people who populate Boston's new cathedral of wealth the way it does the rest of us? Glaeser thinks it doesn't.
"The people who are actually buying these apartments are not stretching to do so," he said. "Even if the tsunami causes a 30-percent decrease in their net wealth its not going to stop them from being to afford this." --more--"
