Pending on Riversville

434 Riversville Road, $8.9 million.

Reading an article in yesterday’s NY Post about a woman summering on a yacht off the Hamptons who is paying a $300 daily retainer to keep a manicurist on call (at $600 per), I was reminded, again, that there’s a certain wealth level where cost really doesn’t matter: you want what you want, period, and the price is irrelevant. Overpaying by $3 million for what’s probably a fifth house? Who cares?

It’s the retail equivalent of government spending.