will they tithe their cap gains?
http://www.observer.com/2007/communists-capitalize-village-sale-get-1-87-m-loft
Communists Capitalize on Village Sale—Get $1.87 M. for Loft by Max Abelson
If bow-tied, cigar-mouthed Republicans can have nice seven-digit, six- room co-ops, don’t a few old Manhattan communists deserve multi- million-dollar real estate, too?
A two-bedroom loft at 380 West 12th Street, a 109-year-old building
on a cobblestone block by the Hudson River, was sold by American
socialist leaders Jack Barnes and Mary-Alice Waters. Their buyers,
Sony BMG Music Entertainment vice president Ole Obermann and his
fiancée, Stephanie Jakubiak, paid $1,872,500.
“I don’t want to hurt the sellers’ feelings at all, but they
definitely had a funky style in terms of how they did the apartment,”
said Mr. Obermann. That means there are sliding stained-glass doors,
plus a wall of bookshelves. (Ms. Waters is the president of
publishing house Pathfinder Press, which publishes Marx and Trotsky,
and Mr. Barnes, too.)
“Personally, our tastes are different and we’ll probably do something
different,” the buyer said. “It will be open, airy, simple, whereas
when it was done 15 years ago there was a lot of light-colored wood
shelving.” He’s adding six or so wireless speakers, “a nice music
system.”
Edward Ferris of Brown Harris Stevens was the listing broker.
It isn’t clear when Mr. Barnes and Ms. Waters bought the place or how
much they paid, but city records date back to 1993, when apartments
were massively cheaper.
Unlike most people in six-room lofts, Mr. Barnes once met with Kim Il-
sung, the late North Korean president. The leader “conversed with the
guests in a cordial and friendly atmosphere and arranged a lunch for
them,” a report published by the BBC in 1990 said. “US Socialist
Workers’ Party, led by its National Secretary Jack Barnes …
presented him with a gift.”
So what is the couple like? “We only met Mary-Alice, and she was
incredibly friendly, interesting, had a nice warm way about her,
seemed like a very nice woman,” Mr. Obermann said. “She mentioned she
really liked to cook, they would have friends over—it’s like a social
space.”