The crash may be bad news for Wall Street types and the people who serve them, like chauffeurs, sex workers, artists, etc.
But it's great news for me. All the Wall Street workers will cancel their luxury condo plans and retreat to the hills of Connecticut, where they will break into the wine cellar and start guzzling investment grade vintage like it's Mad Dog 20/20, then break out their "survival gear" -- bulletproof vests with car alarms attached to the shoulders, chrome shotguns, barrels of pharmaceuticals, and a virtual U.N. of blow up sex dolls -- and wait till their testosterone level has climbed back into the red, then go outside and skeet shoot their investment grade Franklin Mint plate collection.
Once they and their money have left the city, it will be left to the rest of us, the sullen zombies who lurk in the shadows fighting pigeons for scraps.
All the new luxury hotels and condos in the Bowery will turn into fetid flophouses for down & out condo brokers, ranting dementedly about the amenities they used to offer: "Live chinchilla shoe buffer in the lobby! Squawk!! Fresh virgin's milk spa on the deck! Eeep! Creative Artists Agency screening room just off the lobby, which is not a reproduction, but the actual Palace of the Swiss Guards' Fighting Eunuchs XXV-Corps, purchased from the Vatican in 1942! Squawk!!"
Meanwhile all the luxury condos going up in Williamsburg will be turned into chicken farms, recycling centers, and solar powered hydroponic farms.
This means people like me, whose hands are untainted by money and not afraid of real work (like typing this post) will finally be able to live like royalty.
I plan to move into Karl Fischer's Ikon, pictured on top, where the bottom floor of the ant farm will be my bowling alley and driving range. I also plan to move into his NV building, pictured just above. There's something about its "plastic castle" look that appeals to me; not only does it afford an easily defensible, crenelated roof line, but it's close to the East River, and "tap water" will soon be a memory, like "FDIC insurance" and "government."
How will I pay for food? That's easy -- pretty soon employers in China, Russia and India will be outsourcing their jobs, and that $3 an hour will make me a king compared to envious neighbors outside my NV castle. All I have to do is figure out how to stay alive till those jobs show up.
You know, I bet there's a ton of food in the basement of that 20 Bayard condo, above right, where all those well fed Top Chef contestants are holed up...