May 27, 2015--Safe Rooms

The latest thing in New York City real estate chic are safe rooms where owners can hide from intruders; those seeking to do them harm; and, for the seriously anxious, protect them from chemical or nuclear attack.

This is post 9/11 behavior for those in fact feeling that kind of serious threat or just another form of conspicuous consumption.

According to a report in yesterday's New York Times some with safe rooms that set apartment dwellers back six figures to construct are pretty comfortably set up and stocked with enough provisions and entertainments to accommodate them for some time--until burglars leave or when after a terrorist attack it is considered safe to venture out.

Some, who do not have an extra bedroom that can be converted into a safe room, are fortifying closets and bathrooms. Though in Manhattan closet space is at a premium. When Gwyneth Paltrow had a town house in the city, her safe room doubled as a closet. A typical New York solution to never feeling you have enough square footage.

But according to safe-room contractor Tom Gaffney, president of Gaffco Ballistics . . .

The world is a very scary place right now, especially for people of means; they feel cornered and threatened. When you have so much to lose, and you can afford it, you put a premium on your safety.

My first thought--why then have a place at Ground Zero, New York City? Why not hole up in the country where you can build an electronic moat around your place and have the perimeter patrolled by security forces armed with attack dogs and the latest weapons?

But the Big Apple is irresistible even for the hyper-nervous. And for the Middle Eastern and Russian billionaire condo owners, looking for safe havens for their ill-gotten wealth, in spite of the perceived threats, NYC is still a good and safe-enough deal. Worrying about intruders or even chemical attacks is something they are used to back in their home countries.

It all, as they say, comes literally with the territory.