Only In New York: Millionaires With Malaise

On Gladness and Quitting and Being 24 in New York

Of course, no one should feel the least bit of sympathy for the underloved millionaires or the emotional pain they suffer for being Lear-less. Ask any of the more than 11 million out of work what it means to feel economically powerless. But the millionaire malaise stems from a rapid growth in inequality not just between the 1% and 99ers, but also between the 1 percent and the 0.0001 percent. A paper by Scott Winship at Brookings shows that the “poorest” household in the top 0.01% had nearly 17 times the income of the poorest member of the 1%. If the U.S. income structure were a building, he said, it would look more like the spear-shaped Burj Khalifa hotel in Dubai rather than a pyramid. If the top 0.1% were on the 160th floor, the top 1% would be on the 10th floor. And if Larry Ellison were on the 160th floor, Mitt Romney would be on the 6th floor and the rest of America is mixing with the top 1 percenters on the lower floors. “The 99.99th percentile now sits on the third floor and the entire bottom 99% and then some mill around the lobby,” Winship writes. “We are the 99.99%?” With the new, soaring glass towers going up in Manhattan with $90 million penthouses, it’s not hard to imagine that those living “below” in the prewar palaces along Fifth Avenue can actually feel disadvantaged. Follow Frank on Twitter @robtfrank. Secret Lives of the Super Rich airs Wednesdays at 9 p.m. ET/PT.


Kitchen. Aside from the prominent location in the UWS, everything about the place is pretty lax, from its feel-good grilled cheese sandwiches and burgers to the Latin-infused tacos and paella. We may be on our way to fall, but the lingering summer weather is the perfect excuse to order a spiked milkshake or a butterscotch ice Cream sundae. Guests can escape the general dining-area crowd and head over to the lounge – better known as the Cabanas – for a more intimate ambiance. 269 Columbus Ave. 212.873.9400 Pop on Park Maison 24 (Upper East Side) While most furniture stores on the Upper East Side feature pieces of a more traditional decor, brother-sister duo Louis Marra and Allison Julius have successfully prescribed a healthy dose of whimsy for Park Ave., Maison 24. Step inside the shop, which is more a furniture boutique than an impersonal furniture emporium, and you’re instantly transported to the home of your dreams, where Lucite abounds and Louis XV chairs are given an update with leather studded seats and the message: “Love Hurts.” Even if you’re not in the market for new furniture or a collectible piece of art, you’ll have a difficult time leaving Maison 24 empty-handed. From a French salad dressing to a Swarovski crystal-encrusted Pop Phone, Maison 24 has something for everyone. 470 Park Ave. 212.355.2414 The Donna Scott Secret Med Spa (Upper East Side) Trekking through the city can take a toll on any beauty, but thanks to spas like The Donna Scott Secret Med Spa, it doesn’t have to show. Celebrity skin-care expert and medical esthetician Donna Scott delivers a beauty oasis for women at her Park Ave location. Scott – who has treated Phaedra Parks of “The Real Housewives of Atlanta” – offers a combination of medical-grade glycolic peels and Phyto-C treatments, along with an arsenal that can tackle all types of tones, complexions, and conditions. We recommend checking the Donna Scott Collagen Serum, which uses skin science to help rebuild collagen in order to create firm and flawless skin.