NYPOST: RUMSON FEELS THE PINCH

for-saleAn abundance of ‘for sale’ signs caught the newspaper’s attention. (Photo by Dustin Racioppi; click to enlarge)

By DUSTIN RACIOPPI

The New York Post has been hanging around Rumson, and if you saw Sunday’s edition, you noticed the dispatch wasn’t as cheery as the recent flurry of features on the area.

Instead, New York City’s oldest paper took notice of the higher-than-usual number of ‘for sale’ signs on borough lawns — particularly in front of a “glut of luxury homes,” an indication that writer Hilary Kramer said in her story lends a “surreal quality to the town.”

Or as one unidentified resident quoted in the story says, “There’s a new class of citizens in Rumson: the formerly rich.”

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