From the NY Post:
Inside the Hamptons trailer park that’s become a playground for millionaires
In the summer of 1998, Ken Hilderbrandt was contemplating buying a bigger boat — or a beachfront trailer on a wave-swept bluff in Montauk overlooking the Atlantic Ocean.
“There was a [for-sale] sign on the window, rotted off,” Hilderbrandt, 85, told The Post, recalling the dilapidated trailer sitting on a 1,972-square-foot lot of land within Montauk Shores, the former seaside campsite for working-class vacationers, locals and surfers. Hilderbrandt, who owns a jet-ski rental business in Bellport, saw the potential. Sure, it was a fixer-upper off a dirt road — but the million-dollar ocean views pulled him in like a riptide. The asking price was $150,000.
“I said, ‘That’s ridiculous.’ It was old. It needed to be gutted. I took a look inside, walked out here with him and said, ‘I’ll make you an offer — for $95,000.’ He said, ‘I want $96,500.’ So that was it,” Hilderbrandt said. He sold his boat and purchased the trailer.
“Back then, you could rent them for $50 a month,” he said. A decade later, he tore down the trailer and erected a two-bed, two-bath modular home with a wraparound porch, marble countertops and laminate floors, investing around $100,000 in the remodel. Today, his humble 1,200-square-foot abode could command $60,000 as a three-month summer rental, enough to send one of his grandkids to college, he told The Post. He said he won’t even consider selling the property for under $5 million.
Though it bills itself as “Montauk’s best kept secret,” 65-year-old trailer park Montauk Shores is now a shabby-chic status symbol that’s dividing the local community. Hilderbrandt may drive a reliable Honda — but you’re just as likely to spot a Mercedes SUV parked here. Deep-pocketed buyers are being lured in by its location in Ditch Plains — a surfer’s paradise spanning two miles of sandy cliffs and the most coveted waves on Long Island’s East End. This week, The Post reported that an off-market listing for an 800-square-foot oceanfront trailer located on Edgewater Drive was in contract to sell for a record-breaking $3.75 million.
A home in Newark’s Forest Hill community in the North Ward set a record for the city when it sold this week for $1 million — the first single-family home in the city to hit the seven-figure threshold, according to the Forest Hill Community Association.
David Diamante, a boxing announcer who closed on the Delavan Avenue house this week, said he searched for the perfect home for years all over New York and New Jersey, but fell in love with the Newark neighborhood because of its location and its people.
Article…give it a read.
https://www.tapinto.net/towns/newark/articles/for-the-first-time-a-single-family-house-in-newark-sells-for-1m
Intellectuals give people who have the handicap of poverty the further handicap of a sense of victimhood. They have encouraged the poor to believe that their poverty is caused by the rich—a message which may be a passing annoyance to the rich but a lasting handicap to the poor, who may see less need to make fundamental changes in their own lives that could lift themselves up, instead of focusing their efforts on dragging others down. The intelligentsia have acted as if their ignorance of why some people earn unusually high incomes is a reason why those incomes are either suspect or ought not to be permitted.
Intellectuals have—on issues ranging across the spectrum from housing policies to laws governing organ transplants—sought to have decision-making discretion taken from those directly involved, who have personal knowledge and a personal stake, and transferred to third parties who have neither, and who pay no price for being wrong.
https://twitter.com/thomassowell/status/1629588863856394240?s=46&t=IwRBN_WJPcA_XQYkis2CwA
“They still dye their hair yellow.”
Fuckers. Run them.
I remember my first trip out to the Hamptons, fun but not really my scene. Asked my friends I was with “what about Montauk” as just a side trip…response was universal condemnation. LOL.
Maybe those trailers selling for $3m with Mercedes SUVs parked in front are using these types of loans…nothing to see here…
https://twitter.com/GuyDealership/status/1629493457096933377/photo/1
My favorite comment…’live in your van and get a 30 year mortgage on it’….
Well even a blind squirrel…..
Literally the most succinct argument for limited government and less taxation…and Exhibit A why the Northeast liberal States and cities are dysfunctional shitholes run by incompetent, overly compensated public ‘servants’ who expropriate from the productive class and live better than many of you by the grift of those transfers.
“Intellectuals have…sought to have decision-making discretion taken from those directly involved, who have personal knowledge and a personal stake, and transferred to third parties who have neither, and who pay no price for being wrong.”
Leftwing,
Your idea of splitting the US into two countries by red and blue would rapidly put an end to the public service cabal that exists in the northeast blue states. I would be the first to run to a red state if they would only get their religion out of their laws.
If any of you are interested in watching the game. It’s the only NJ high school hockey game being played tonight.
https://www.youtube.com/watch?v=O8YPTuL2U6o
My son wears 66. He’ll be on the ice for the entire game except for power plays.
Nice on the link! May actually fire it up.
Good luck!!
True story.
“Blown away by wealthy people who talk themselves into moving out of a state they love just for tax reasons.
The money is supposed to give you freedom, not make you move somewhere you don’t really want to be.”
Lib,
Good luck!
Haha, just opened a window and see a celly on the glass with your kids number plastered up against it…keep rolling boys.
3-3 overtime
Shootout end of OT.
The good guys win!
Lib,
Great game! I did not see it until the start of the overtime , but that MK team was much bigger than your guys. Your sons team never gave up, one for the ages. GR goalie played tremendous in shootout, but made me nervous as hell when he was 8 feet in front of the goal. Good luck to the whole team, State Champs would be great!
Thanks for the link, exciting game from what I saw.
Glad you enjoyed it.
We were talking about airfares to Europe last week and I want to follow up:
Someone turned me onto Play Airlines, which operate out of Stewart International, off the Thruway about 45 minutes north of Bergen County. $550 gets me to Berlin via Iceland on Play with a carry on and checked luggage. I don’t love the no frills, but I couldn’t bring myself to pay double for the in flight meal. If you fly via Iceland, the long haul is broken up into two four hour segments.