Start Spreading the News: New York's on Sale

Sunday, May 3, 2009

For so long, they have been taking Manhattan.

They, as in the Wall Streeters who counted their bonuses in increments of millions; they, as in Europeans who laughed at the quaintness of the dollar. The coveted restaurants, the hotels with infinite thread-count sheets, the rarefied atmosphere of cultural centers, the designer shops that sniff at the idea of a sale -- it was all theirs.

But the times they are a-changin', as anyone who doesn't live under a rock can readily attest. Increasingly, recession-battered Manhattan is becoming a place that's ripe for the taking, instead of ripe for getting taken. Our moment to reclaim the city has arrived. To shove our wallets forward and say, Yes, we can afford this. In fact, give us two.

Of course, we don't know how long this gilded opportunity will last. When the economy rebounds, Manhattan's prices most likely will bounce back with it. But until then, join us as we rush New York to take it back.

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