Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Divernan

(15,480 posts)
10. Chelsea didn't need no stinkin Fannie Mae to buy her $10.5 million Manhattan "apartment".
Tue Aug 6, 2013, 08:32 AM
Aug 2013

Yes, folks! The American dream of owning your own home is still alive! Chelsea and Marc just
purchased a $10.5 million "home" with 6 bathrooms for 2 adults.

http://www.dailymail.co.uk/news/article-2346656/Chelsea-Clinton-husband-marital-home-market-4-5m-dollars-settle-life-bigger-condo-bought-recently-10-5m-dollars.html

Their new residence lays claim to being one of New York's longest apartments - stretching an entire block from 26th St. to 27th St. off Madison Avenue.

Described as 'a luxury fortress' with one full-time doorman to the horizontal building's four units, it takes almost 30 seconds to walk the 250-foot hallway, according to New York Daily News.

The four-bedroom, 5,000-square-foot apartment is located in The Whitman building next to Madison Square Park, one of the most desirable corners of Manhattan's Flatiron District. The building, which is being marketed by Douglas Elliman Real Estate, has one apartment on each floor and boasts various security features, including a key operated lift and a full time doorman for just four units.

The nearly 90-year-old building has just three $10million homes and one $22.5million duplex penthouse - so far two buyers are in contract, including Ms Clinton.

The couple will also enjoy two dishwashers, two washer/dryers, his and her maze-like closet spaces and commodes, as well as natural light flooding the female dressing room - with double-sided vanity mirrors.

'Wives eyes light up when they see the closets,' said Ms Lazenby, the daughter of James Bond actor George Lazenby.

'They smile and say they'll need more clothes to live here. Their husbands just shake their heads.

'The long apartment, located at 21 East 26th St enables 'one spouse to be fast asleep while the other has a huge dinner party. All on one floor,' she added.

One person who toured the building, which was built in 1924 by luxury textile manufacturer Clarence B. Whitman & Sons, joked that residents of The Whitman will have a longer walk to their kitchen than many New Yorkers have to the corner store.


http://www.nydailynews.com/life-style/real-estate/madison-sq-park-condo-attracts-big-names-chelsea-clinton-article-1.1324579

Article from June on a bipartisan proposal on the issue... PoliticAverse Aug 2013 #1
Thanks for the link. Looks like the point is to prevent future bank bailouts. SunSeeker Aug 2013 #14
I wonder how incredibly ignorant people still are about this? The right-wing spin machine worked jtuck004 Aug 2013 #2
Thank you for this post newfie11 Aug 2013 #3
I'm expect some chewing, but I no longer care. Fannie and Freddie weren't blameless, especially when jtuck004 Aug 2013 #4
Freddie/Fannie fell prey to the same crooks Mnpaul Aug 2013 #7
+1000. nt adirondacker Aug 2013 #44
Not to mention the inconsistency of this compared to what he proposed for student loans. The jwirr Aug 2013 #20
+1000 blackspade Aug 2013 #37
While I agree with the premise that Morganfleeman Aug 2013 #59
Private sector will fix it. Helen Borg Aug 2013 #5
Yep, and all we have to do is further deregulate the banks. Snarkoleptic Aug 2013 #6
"Absolutely" - J. Galt (R) Berlum Aug 2013 #11
Define "fix it" - and please be specific. nt TBF Aug 2013 #48
Once again Obama proposes stealing from poor and middle class to give to the rich bowens43 Aug 2013 #8
Who better to dismantle the social safety net than a democrat. zeemike Aug 2013 #9
How is it stealing from the poor? SunSeeker Aug 2013 #21
Still I wish he could work on breaking up the banks themselves into smaller ones but I cstanleytech Aug 2013 #24
CAN WE HERE THE FREAKING SPEECH FIRST????!!!! AllTooEasy Aug 2013 #53
Chelsea didn't need no stinkin Fannie Mae to buy her $10.5 million Manhattan "apartment". Divernan Aug 2013 #10
Seriously, why does ANYONE need a residence like that? Myrina Aug 2013 #22
I don't know. AngryOldDem Aug 2013 #36
I honestly dont mind them buying such a house, I would do it if I could afford it. cstanleytech Aug 2013 #25
And yet, the "trickle down" myth survives -- and in some circles, thrives. AngryOldDem Aug 2013 #29
Why on earth would 2 adults need 6 and 1/2 bathrooms in a one story apartment? Divernan Aug 2013 #40
So? Why did you choose Chelsea and Marc as an example? Beacool Aug 2013 #51
I'm so glad you asked! Divernan Aug 2013 #55
Just how typical is it for a 30-something couple to spend $10 mil on a Manhattan apt? Divernan Aug 2013 #56
Superb posts here. woo me with science Aug 2013 #60
You are welcome. It's nice to be thanked! Divernan Aug 2013 #63
president privatization strikes again Doctor_J Aug 2013 #12
No, Obama took private banks out of the middle man role on student loans. SunSeeker Aug 2013 #28
Post removed Post removed Aug 2013 #45
Bullshit. It is Just the OPPOSITE! My Government student loans ... adirondacker Aug 2013 #47
No, for-profits previously originated AND serviced student loans. Now only nonprofits service loans. SunSeeker Aug 2013 #49
by lunch time, those who oppose this will be rand-loving libertarians Doctor_J Aug 2013 #13
lol ctsnowman Aug 2013 #15
Fannie Mae was privatized in 1968 under Lyndon Johnson, Progressive dog Aug 2013 #23
" new Glass-Steagall act breaks up the "too big to fail" banks." I really wish they would do that. cstanleytech Aug 2013 #26
Said horse trade embodied by the Gramm–Leach–Bliley Act Lasher Aug 2013 #38
What makes me maddest though is the government bailed them out but the government cstanleytech Aug 2013 #58
Don't forget Teabagger. n/t bitchkitty Aug 2013 #30
More bad news. we are ending the work the GOP started in the previous decades. Mass Aug 2013 #16
Swell. City Lights Aug 2013 #17
Just when I think he can't disappoint me any more ... Myrina Aug 2013 #18
Goodbye, fixed-rate loans PSPS Aug 2013 #19
Check out reply #8 from SunSeeker. cstanleytech Aug 2013 #27
I think you mean reply #21 by SunSeeker Lasher Aug 2013 #33
Typical. Go after the victims of Wall Street. Give the Wall Street criminals matthews Aug 2013 #31
It is obvious where he stands, remeber he wants Larry Summers back. JRLeft Aug 2013 #39
These programs worked great for decades before deregulation n privatization on point Aug 2013 #32
Are there any party favors from the big collapse party? Oh, here, look what's left! Safetykitten Aug 2013 #34
Another Obama privatization scheme? blackspade Aug 2013 #35
This actually makes me sick Xyzse Aug 2013 #41
"This will only be worse. " How so, Mr. Xyzse? Kolesar Aug 2013 #46
Quite a few things Xyzse Aug 2013 #50
I think your President has some pleasant surprises before end of term. ConcernedCanuk Aug 2013 #42
Another way to make us have to deal with the greedy private sector! GalaxyHunter Aug 2013 #43
When I read "the private sector" I cringe. Beacool Aug 2013 #52
More privatization by this stealth conservative prez. Maven Aug 2013 #54
He wants to shrink the government until he can drown it in the bath tub Doctor_J Aug 2013 #57
There's a new one every day. woo me with science Aug 2013 #61
I should have known, when I said I wanted a pony... n/t jtuck004 Aug 2013 #62
Ha! woo me with science Aug 2013 #65
Yeah, that's what I was thinking. jtuck004 Aug 2013 #66
I imagine the assets (homes) owned by those two would go to Wall Street. Fire Walk With Me Aug 2013 #64
Latest Discussions»Latest Breaking News»Obama to Propose Eliminat...»Reply #10