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Less is Meier


As if lifestyle guru Martha Stewart hasn't got enough on her plate as she contemplates a term in jail, I learn from the latest issue of Vanity Fair that her property portfolio isn't quite up to scratch.

Like fellow celebs Calvin Klein and Nicole Kidman, Martha rushed to snap up an apartment in one of Richard Meier's two residential towers on the banks of the Hudson in Manhattan. They were selling at $1,000 per square foot - but now they are nicknamed 'Faulty Towers', with complaints of leaking ceilings, faulty heating and buckling floors. One resident, textile company owner Joe Castaldo, recalls standing by his swish glass wall one morning, 'admiring the rain streaming down it like a waterfall - and then reaching out a hand to discover the water was flowing inside'! All this and a $4,000 service charge per month for doormen and cleaners.Martha might prefer to stay in the pen.

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