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Party Like It's 1999

Saturday night. Roof top 40th birthday party--Chrysler Building and assorted other skyscrapers shimmering over the cityscape in the distance. The host, a hedge fund guy, thanks everyone for coming "in spite of the tough week." Champagne is passed and a lemon scented birthday cake rolled in on...

By Jonathan D. Miller | Updated on October 06, 2008

Saturday night. Roof top 40th birthday party–Chrysler Building and assorted other skyscrapers shimmering over the cityscape in the distance. The host, a hedge fund guy, thanks everyone for coming “in spite of the tough week.” Champagne is passed and a lemon scented birthday cake rolled in on a cart for his wife to blow out the the spritzing sparklers. The DJ played Prince’s “1999″ but most of the well-heeled crowd–mostly financial types–gathered around talking about what would happen next in stead of heading out on the dance floor.

Would the new condo project at 86th and West End sell out its multi-million dollar “pre-war” apartments. The word in the neighborhood is that sales are slow and slowing. The good news is a nearby project on the drawing boards won’t block one partyier’s views–it’s been shelved. But she looked glum-faced anyway when she thought about how her own coop might lose 20% of its inflated value. And then there was her hubby’s bonus–any chance he’d not get one?

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