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Post Info TOPIC: Nicīs NYC condo back on the market
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Soon to be retired blabbermouth

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RE: Nicīs NYC condo back on the market


I would think it would bother him quite a bit, selling all those places he has worked so hard for. 

The truth is ....is that the problem with investing in real estate that is not an income producing piece of property, the mortgages and taxes and upkeep of such properties can eat up your disposable income.  FAST!  When the economy get's bad.....the going gets bad on properties.

Yet.......sometimes............things like this are actually blessings in disguise for people.  When people hunker down for economic reasons, it oftens brings families and people closer together.  It can be a 'we're in this together' sort of exercise in relationships.

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"Hell begins on the day when God grants us a clear vision of all that we might have achieved, of all the gifts which we have wasted, of all that we might have done which we did not do"
~~Gian Carlo Menotti~~
 



Senior Member

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Nic's NYC apartment is absolutely amazing!  I wonder if he's sad or depressed about having to put up all of his incredible properties for sale?

It seems as though he's worked so hard over the years to build up such an astonishing portfolio of real estate.

The 2 yachts were what really floored me because as you all know he absolutely loves the ocean and to have to sell both yachts must have been really hard. 

Though, I'm sure, he's probably doing what most celebs do, downgrade, and lease things like yachts and planes.  You still maintain your lifestyle, but it's much less expensive and you only have to maintain the property while you're occupying it.

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a grateful fan

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A much better slideshow in this link. The view can stand alongside the Top of the Rock observation deck at Rockefeller Centre.

Nic... Iīd buy this thing from you if I hadnīt vertigo (and wasnīt empty-pocketed LOL!)

http://www.examiner.com/x-8310-Trendy-Living-Examiner~y2009m7d9-Nicolas-Cage-is-Knowing-one-of-his-6-homes-has-to-go-Gallery


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a grateful fan

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Donīt miss the slideshow, itīs quite something!

http://www.observer.com/2009/real-estate/nicolas-cages-975-m-museum-tower-condo-comes-back-market

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