Super rich barter yachts, mansions, and caviar in pandemic - Business Insider

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The super wealthy are bartering yachts, $30 million mansions, and caviar to ride out the pandemic

Vital AgibalowBecause of the pandemic, wealthy Americans are holding on tight to their cash and instead opting for luxury barters.

The owner of celeb-favorite catering company, Elegant Affairs, waived her $20,000 party fee for six chartered rides on a client's yacht so she and her family could get out on the water during Covid.When Covid-19 struck New York, some fled, others stocked up and one 40 year-old Hamptonite called his lawyer.

Instead of charging his $20,000 fee, attorney Sal Strazzullo, took payment in the form of a two-week stay at his client's Montauk mansion."I thought, 'Why not just trade?" said Stazzullo, who has been trying to get his family out of the city on the weekends since the virus hit. Wei, who has been quarantined in Manhattan, is the owner of Our Kitchen, an East Village restaurant and 43-acre farm-to-table concept in upstate New York. They brokered a deal.

Artist Linjie Deng had spent 150 days in his New York apartment when he traded his way up to a luxury waterfront escape. Zapata has also taken partial payment for his art in the form of caviar — accepting $6,000 worth of Ikraa against a $30,000 acrylic. Dr. Marie Hayag, a NYC-based dermatologist, traded a Hamptons Botox house call for 500 grams of caviar."All my patients are in the Hamptons right now because of Covid," says Hayag. "So I go out there. But this patient was having a sort of 'birthday Botox beauty bash' and wanted me to give up my Sunday to come. That's when she offered me $5,000 worth of caviar. How could I say no to that? I'm even threw in some syringes of filler.

 

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So basically boosting the economy bc they spend

Thanks for making the rest of us feel crappy about out lives.

PuddlesCarolina No, that’s so wrong it brings tears 😭 to my eyes.

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