housing crisis

  • 10 Nov 2010 at 2:11 PM

Struggling Housing Market Brings Unforeseen Consequences To “Man Caves”

By Bess Levin

As you may have heard, a result of the slump in the housing market, many families are staying in their homes when they would have otherwise moved. There, they are choosing to make the best of things, by upgrading their current spread. One room that is benefiting from the trend is the “man cave.” The domain of the man of the house, which may previously have simply been a corner in the basement or garage, low on frills, is getting some pretty sweet redesigns that include big ass TVs, pinball machines, kegerators, golf simulators, bacon-scented candles, beer pages “to locate lost brew” and more. This seemingly good news however, obscures a darker phenomenon taking place, according to the Journal.

The man cave has a secret: Women use them, too. Their new interest comes as these spaces have morphed from cold garage outposts into tricked-out comfy spreads, complete with flat screens TVs, fully stocked bars, arcade games and plush (clean!) furniture.

As you can imagine, some people are not happy about this. Continue reading »

  • 03 Jun 2009 at 9:03 AM

Another Blow (Of The Sad Trombone) For Tim Geithner

By Bess Levin

Picture 1463.pngApparently our elfin’ Treasury Secretary was not successful in his quest to get someone to buy his Larchmont-area Tudor, even after dropping the asking price from $1.635 million to $1.575 million (he and wife Carole paid $1.602 million for the place in 2004). And now he’s reportedly renting it out, by the hour. No, just we haven’t reached seedy hotel-status just yet (god, that would be great though, wouldn’t it?). T. Geith is, however, pimping it for the price of $7,500/month, which the AP helpfully points out is probably less than the li’l fella’s mortgage payments. For those of you interested in a short-term stay in a piece of history, we suggest familiarizing yourself with the space at this time which, now that it’s being rented, presumably comes with the owner’s nightmare inducing decor.

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