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Thursday, September 11, 2008

Two sides of the housing coin

For many, the Recession has meant reevaluating life's necessities. For others, a sluggish global economy has had little effect on their daily lives. An article in the NY Times takes a look at the "small" house movement, profiling several owners of domiciles generally under 500 square feet. Jay Shafer, owner of the Tumbleweed Tiny House Company, took to the road this summer with his own 90-square-foot home hitched to his truck to extol the virtues of building small.

In news of the excess, Jimmy Choo footwear founder Tamara Mellon has just purchased a 7140-square-foot $21.75 million penthouse condo. The kicker? That price tag is for an unfinished space with Mellon planning "five bedrooms, four bathrooms, two 'powder rooms,' a 40-foot living room with twelve-foot ceilings, a 22-foot formal dining room, maid's quarters, a solarium, and six terraces."

Update: New York Magazine had it wrong. Tamara Mellon's new penthouse is finished though perhaps not in the style she prefers. The Real Estalker has more photos, floor plans, and details here.

3 comments:

erin@designcrisis said...

My that IS conspicuous! And yet I find myself in awe of the luxury instead of sickened by it. Some things about the design world are very bad for me.

Raina said...

Luxury - it's crackalicious!

The Nerdy Fashionista said...

yeah but that living room SUCKS. What is with that horrifying soffit? They just haaaad to put in central air? Good bones gone bad...