The rich did not always need $ 238 million penthouses


However, it does not exist anymore. After the Post lease expired in 1941, she paid $ 75,000 per month in rent, the apartment became vacant for a decade. The building then became a cooperative in the early 1950s, and the Post department was divided into six units.

By this time, the wealthiest New Yorkers were not looking for apartments the size of sports stadiums, and in any case, they would have had little to meet the demand if they did. Brooke Astor lived, until his death, in an apartment on Park Avenue that was no more than 5,000 square feet. In the 1970s, David and Peggy Rockefeller discreetly redecorated their home on East 65th Street. At 10,000 square feet, it was not tiny, but it was the main residence of the couple and the house in which they raised their six children. Mr. Griffin, who has houses and apartments in Chicago, Miami and London, plans to use his place in New York occasionally.

There was a prevailing feeling that too much was unpleasant. A generation had just emerged from the suffering of the Depression and World War II. "He just did not see the kind of enormity he sees now," said Frederick Warburg Peters, a long-time corridor of the Upper East Side cooperatives and the CEO of Warburg Realty. "It was considered anti-American." These values ​​were reflected in the architecture of the city during the postwar years, when the concern was the conservation of space, with low ceilings and narrow corridors and the elimination of rooms that no one would use.

It is also true that the 50s and 60s did not lead to the creation of mbadive fortunes. The spirit of conformity that persisted for much of that time allegedly suppressed the willingness to take on the kind of risks in which large sums of money accumulate. The big money was mostly old money, and the old money was still subscribed to certain virtues.

In 1949, John Hay Whitney, known as Jock, heir to Whitney's vast fortune and later editor of The New York Herald Tribune, built a modernist beach house on Fishers Island, New York, a patriotic summer colony on the coast of New London. Conn. He had other houses that had happened to him, but this one was small by today's standards: he had five rooms and a garage for two cars. An article by Sports Illustrated on the Isla de los Pescadores that was published in 1965 and mentioned that the house referred to a single excess: a sprinkler on the ground.

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