The Billionaire vs. the Old Money

A daily mix of stories about cities, city life, and our always evolving neighborhoods and skylines. [Curbed]( WEDNESDAY, AUGUST 7 STREET FIGHTS [The Billionaire vs. the Old Money]( On a coveted slice of Lake Michigan, a land swap has triggered a seething fight over the malign influence of wealth. Photo: Larry Malvin Photography Winnetka, Illinois, has long been considered [Chicago’](s marquee suburb with hotel-size homes at the end of heated driveways and faux-French country houses overlooking Lake Michigan. Popular with big-brand CEOs and lawyers, and familiar to non-Winnetkans as the setting of Home Alone, Ferris Bueller’s Day Off, and nearly every John Hughes movie ever made, it is a place where titanic wealth meets midwestern folksiness. Four years ago, at the height of the pandemic, a mystery buyer began acquiring mansions along Winnetka’s waterfront and knocking them down. One of the mansions was less than a decade old and featured an indoor basketball court and a movie theater. Another, whose previous residents included a plastic surgeon and the inventor of the retractable seat belt, had a distinguished architectural pedigree. All three had sat next to each other overlooking a beach known for its fine white sand and would become part of a gaping construction zone. [Continue reading »]( Want more on city life, real estate, and design? [Subscribe now]( to save over 40% on unlimited access to Curbed and everything New York. [Learn more about RevenueStripe...]( The Latest [A Convertible Two-Bedroom in Prime Clinton Hill for $785K Plus an UES one-bedroom in a brownstone across from Spence.]( By Kim Velsey [I Rented a Very Popular Backyard Pool It’s in Staten Island, and it’s the most-booked listing on the rent-by-the-hour app Swimply.]( By Clio Chang [Midtown’s J.P. Morgan Sales Bump After years of sluggish home purchases, brokers say the neighborhood’s future office towers are bringing in the buyers (and their parents).]( By Kim Velsey [Learn more about RevenueStripe...]( [Read More From Curbed]( [Sign up to get The Listings Edit](, a weekly digest of the most worth-it apartments in New York. [GET THE NEWSLETTER]( [logo]( [facebook logo]( [instagram logo]( [twitter logo]( [unsubscribe]( | [privacy notice]( | [update preferences]( This email was sent to {EMAIL}. Was this email forwarded to you? [Sign up now]( to get this newsletter in your inbox. [View this email in your browser.]( You received this email because you have a subscription to New York. Reach the right online audience with us For advertising information on email newsletters, please contact AdOps@nymag.com Vox Media, LLC 1701 Rhode Island Ave NW, Washington, DC 20036 Copyright © 2024, All rights reserved