Wall Street bankers, publicly modest, eye fancy toys
"One top banker shelled out $200,000 to rent an oceanfront house in Amagansett on Long Island for the month of August, said Paul Brennan, a Prudential Douglas Elliman broker."
"Luxury department store chain Neiman Marcus has also had no problem unloading some of its more curious and pricey Christmas gifts. The company said it took only three minutes to sell all 100 of its limited edition Chevrolet Camaros, priced at $75,000 each, when they were offered in October." Company made $7.5M in 3 minutes!
Sheffer said the gallery earlier this month sold a $4 million painting by Joan Mitchell to a hedge fund manager.
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