California dreaming

NYC’s rival city has sunshine and celeb cachet, but sales of luxury homes in L.A. are slowing

301 N. Carolwood Drive
301 N. Carolwood Drive

From Luxury Listings NYC: If one New Yorker informs another that he or she is moving out of the city, the typical reaction can range from opportunistic (“Now I have a place to stay if I ever have a layover”) to gloating (“Can’t tough it out here, can you?”).

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But if the destination city is Los Angeles, the immediate reaction is typically a stony silence, because L.A. is perhaps one of the few places that can make a New Yorker pause and ask him or herself the forbidden question, “Why am I still living in New York?” [more]