Breaking: Rich White People Can Tolerate Obscenely Rich Black People



Such is the lesson of the Sunday Times piece on tony Alpine, New Jersey, home to generations of wealthy, Waspy, bankery sorts and, lately, the hip-hop elite. But there are, sadly, some exceptions:

Ms. Stone, who helped secure mortgages for leading rappers like Cam’ron and Biggie Smalls, said it had not always been an easy move to make: “A few years ago, I had a client — she was a major artist too — that had excellent credit, over $2 million in the bank, was buying a house for a million-five, and because she was a new, young artist, the underwriter didn’t want to give her a mortgage.”

Also, because she was black.

Alpine, N.J., Home of Hip-Hop Royalty [NYT]