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"They go out and see all these new condos that have them... and it plants a seed in their head."

"Them" = a washer and dryer.

Jonathan J. Miller, the president of Miller Samuel, the appraisal company, said that ?while there is no known empirical data to reliably measure this amenity,? a washing machine can add as much as 5 percent to an apartment?s price tag.

?It is the ultimate convenience,? said Doug Steinberg, whose one-bedroom condo, at 315 Seventh Avenue in Chelsea, is now on the market for $739,000. The apartment, No. 7B, has its own laundry tucked behind a louvered door, with shelves for detergent and towels.

5% of $739,000 is $36,950.

It's so hard to live in New York City. You need to be rich to have such ordinary things. (It's tough going to a laundromat, but sometimes that's what you have to do.)

Full post as published by Althouse on January 01, 2011 (boomark / email).