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The article also suggested that athletes get preferential treatment in obtaining desirable housing; Duke says that is not its policy.
In Mosman, which is considered one of the city's most desirable housing locations, the median sale price is 2 million dollars.
That legacy, plus the area's location near downtown and the lake — and its desirable housing stock — were among the reasons the entrepreneurs decided to locate there.
The boroughs outside of Manhattan and New Jersey bring more space for the dollar, but the more desirable housing, apartment-hunters say, is not all that much cheaper.
London's most desirable housing enclaves are haemorrhaging voters, according to figures fuelling fears that foreign buyers are turning prime property into vacant investment assets.
Likewise Mr. Dranoff, a Philadelphia developer who has made a name for himself turning dilapidated factory buildings into desirable housing, got wind of Camden's potential a couple of years ago, during a groundbreaking for one of his Philadelphia projects.
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Eventually, the most desirable houses were along the main north-south routes: Hicks, Clinton and Court Streets.
And stick to the most desirable houses in the best areas.
Which means that when a desirable house does come onto the market, it can result in bidding wars.
But those who landed in plum surroundings ended up no happier than students in less desirable houses.
Still, by the turn of the century, Fifth Avenue opposite the park was already the most desirable house site in the city, Mr. Gray said.
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