Monday, March 31, 2008

Moby Needs Your Help...

...and he's willing to fork over $75,000 for it.

A few years ago, be-spectacled musician Moby thought it sounded like a good idea to move from his long time home on the Lower East Side of Manhattan to a quadraplex in the tower of the legendary and dee-luxe El Dorado building on Central Park West. Yes, children, a quadraplex. That's four floors of lung busting and boo-tox toning luxury.

After spending $4,500,000 to purchase the 2 bedroom co-operative and quite a few more dollars renovating the quirky cake topper apartment, 'ol Moby decided he didn't actually like living in the upper reaches of Manhattan and last summer he high tailed back downtown and put the freshly renovated apartment on the market with a $7,500,000 asking price.

It wasn't long before a deep pocketed buyer turned up who was willing to pay something close to the asking price. However, the the all powerful co-op board rejected the buyer. Rejected. The. Buyer. Uh-oh. That might sound strange to all you single family residence homeowners, but in New York City, co-op boards hold and wield all the power to approve or deny potential buyers. They can reject a buyer for any or no reason at all and, are you ready for this children, co-op boards are not obligated to provide any explanation for a rejection. New York is a tough town folks.

Anyhoo, Moby's uptown digs have languished on the market ever since the rejection debacle and the one man band recently and reportedly sent out an email to his friends that said, "If you find someone to buy the apartment I'll happily give $75,000 to you or your favorite charity."

Given that rather large number, Your Mama suggests the children get bizzy running through their Rolodex of rich friends and associates who might have seven and a half million clams to spare on a four floor Manhattan aerie. What are you waiting for? Go!

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