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Old 07-15-2013, 09:09 PM
 
960 posts, read 1,174,844 times
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Buy a modern condo in a mid-rise building probably in the West Village or SoHo.
Own a Ferrari 458 and park it near by.
Eat out (delivery) every meal.
Hire personal chef and personal trainer while at home.

Earn passive income through investments.

Rest of the time I'd be traveling and living in casinos. Different women every week. But I wouldn't go too crazy with the money.
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Old 07-16-2013, 06:42 PM
 
Location: Plandome, NY
7,048 posts, read 7,645,702 times
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I personally met a few really wealthy people...its quite amazing how many live a modest life with very few luxuries.
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Old 07-16-2013, 08:18 PM
 
Location: Houston, TX
1,141 posts, read 2,788,155 times
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I would actually have my primary residence out-of-state in a rural area, start a gun collection, take trips monthly, drive a fully loaded Jeep SRT8 (love Jeeps), buy mostly everything in cash or debit.
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Old 07-16-2013, 09:34 PM
 
Location: Bronx, New York
3,070 posts, read 6,146,774 times
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I would still stay in the outer boroughs. Property taxes are low, although the city would smack me for income taxes!

The only reason I would not buy Lou Gehrig's house in Riverdale is because it's not near any amenities! (LOL!).

I'm not a Manhattan person. Even Harlem is too dense for me. I want a little bit of space!

Sice I've been here, I have gotten to love the Bronx! An apartment or house in Morris Park, Throggs Neck or Pelham Parkway would be great.
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Old 07-16-2013, 10:25 PM
 
Location: Bronx
14,898 posts, read 17,467,116 times
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With 5 million dollars? I would probably purchase a Mcmansion outside of NYC, probably somewhere in Texas or in the Carolinas which would probably be my primary residence while living amongst my fellow Transplanted ex New Yorkers who also fled NYC, with a white picket fence with two dogs in the yard, probably a Boxer and a Labrador. Also I would purchase a nice speed boat and own 3 cars. However I would probably keep an small one bedroom apartment in Manhattan or probably purchase a coop along the lower Grand Concourse in the Bronx and keep a relative their and make a small room for myself just for my to sleep when visiting. The rest of my money I would try to start some sort of busineses or start my own tech startup but I wont that here in NYC!
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Old 07-16-2013, 11:13 PM
 
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Crack...crack...and more crack.
Can never have enough crack.
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Old 07-19-2013, 05:27 PM
 
Location: Manhattan
20,182 posts, read 26,493,095 times
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A long active life without too much pain or grief.
Same as WITHOUT the $5 million.
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Old 07-20-2013, 04:44 PM
 
Location: Brooklyn, NY born & raised!
2,593 posts, read 3,733,095 times
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Someone mentioned getting a McMansion? For only 49 mil you can buy this one! Alpine, NJ | Douglas Elliman

I would likely buy some apartment buildings in a few places, because one thing people will always need is a place to live. Then I would travel the world.

However as far as living, I would likely just buy a house in CT, NJ or someplace where I could commute in and NOT deal with the regular subway. Pass it on to my brother or parents once I move out of state.
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Old 07-20-2013, 05:18 PM
 
Location: Manhattan
20,182 posts, read 26,493,095 times
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$95 million gets you a cute place in town:

It'a in a hotel but the hotel is the Sherry Netherlands and you get the entire 18th floor. I think it is the current most expensive offering in New York:

Brown Harris Stevens | Luxury Residential Real Estate: 781 Fifth Avenue, Upper East Side, New York City - $95,000,000
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Old 07-20-2013, 05:28 PM
 
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I would buy a house with a pool in the backyard my daughter is so into pools right now I would send her to a good private school not crazy expensive. For myself I would finally buy that ridiculous one pair of shoes that I can't afford and dine at that restaurant that I peek into and everyone just looks so rich and happy.
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