- Playing
- How far does $250K go in New York City?
- From
- Sally Herships
In response to the Bush tax cuts expiring last October, Sally Herships visits with Manhattanite Samantha Chapnick to see how far $250,000 can get you in New York City.
More from Sally Herships
The Five Percent Rule
(06:24)
From: Sally Herships
The military has failed to comply with its own tobacco pricing restrictions, selling millions of dollars of tobacco-based products to service members well beneath legal ...
Slow Media 2: Woman quits the Internet
(03:40)
From: Sally Herships
No cell phone, no email, no internet. Could you go offline for six months? Journalism professor Jennifer Rauch did. She talks about her experience and prepares to go back online.
Gift Registries for Kids?
(04:30)
From: Sally Herships
Gift registries for weddings are the norm, but what about registries for kids? It's not always easy to know what to get a two-year-old. But is a registry necessary? Or maybe ...
Remember Paper Checks?
(03:34)
From: Sally Herships
Paper is so out. One company is fighting back - meet Duncan Steel, the Man with Checks Appeal.
Social Shopping
(04:18)
From: Sally Herships
There was an uproar when Facebook fiddled with its privacy settings -- but really, people willingly give up their privacy all the time for perks like coupons and discounts. Why?
Consumer Gold
(04:47)
From: Sally Herships
Marlboro is one of the best known brands around the world. Everyone knows the Marlboro Man. But now Marlboro is facing one of its biggest branding challenges ever - how to ...
Phantom of the Opera
(08:52)
From: Sally Herships
Orgies sell opera tickets, so bring 'em on! Gabriel Von Wayditch was a Bronx resident and native of Hungary. He died in 1969 – and when he was alive he was a pretty ...
Divorce Detective
(03:00)
From: Sally Herships
Suspicious spouses, philanderers, and questionable judgment. New York-based Private Eye Jay Salpeter has seen it all. But how will New York's recent change to no-fault ...
Concrete Crickets
(04:06)
From: Sally Herships
New Yorkers are used to seeing graffiti, but now, they're hearing it too. New Yorkers are hearing things these days — and it's coming from the bushes. Audio graffiti. Small ...
Plus Size Fashion
(04:07)
From: Sally Herships
There's a big buzz in the fashion world - and it's about Big fashion.
Related Pieces
Piece Description
In response to the Bush tax cuts expiring last October, Sally Herships visits with Manhattanite Samantha Chapnick to see how far $250,000 can get you in New York City.
Broadcast History
Marketplace, Friday, October 22, 2010
Transcript
Sally Herships: Truth is, New York's so expensive. People like me -- who make less than $250,000 a year -- basically live in places like Brooklyn. So I tracked down another native New Yorker, one who makes a lot more money than me.
Samantha Chapnick lives near Columbus Circle. It's a really nice neighborhood across the street from Central Park. Chapnick is a business consultant. She's in early 40s. Her husband is older and he's retired. But Chapnick still works and she earns about $250,000 a year -- so much money! She must have an enormous, luxurious apartment. She told me she works from home.
Herships: Describe your apartment for us.
Samantha Chapnick: Small, small, small. My 6'4" husband, myself and my almost 9-year-old daughter live in what I think is about 550 sq. ft.
There's the kitchen...
Herships: Do you have a microwave?
Chapnick: It's in the hall closet.
Then there's the...
Read the full transcript
