Doom and Gloom in the Suburbs
Eight of the 13 entries on Forbes's new list of "America's most troubled luxury neighborhoods" are located in the tri-state area. The worst of the worst: New Vernon, New Jersey, which ranks No. 2 on the list, just ahead of Alpine, NJ. The East End makes a strong showing as well, naturally: Sagaponack and Amagansett come in at No. 4 and 5, respectively. [WSJ, Forbes]