Weddings
The Local: Bridal Industry Remains Very Marry
playbeasy via flickr
Luke and his fiancé are getting married at the Foundry in Long Island City this weekend. Like many of the New York couples tying the knot in this uncertain economic climate, they are still going all out for the big day. “We just said, ‘Let’s hang the cost because it’s only going to happen once right,'” said the British native.
His American-born fiancée’s parents have thrown in $30,000 from their 401(k) to help foot the bill for the 125-person reception. The newlyweds will cap off the celebration with a two-week honeymoon in Bali, which Luke just bought new scuba gear for.
Based on reports from about a dozen of the city's bridal retailers, the economic slump has done little to dilute the appetite for lavish weddings. Like Manhattan's luxury real estate market, the wedding industry here not only appears to be impervious to a recession, but also has been buoyed by Europeans taking advantage of the almighty euro. read more »
His American-born fiancée’s parents have thrown in $30,000 from their 401(k) to help foot the bill for the 125-person reception. The newlyweds will cap off the celebration with a two-week honeymoon in Bali, which Luke just bought new scuba gear for.
Based on reports from about a dozen of the city's bridal retailers, the economic slump has done little to dilute the appetite for lavish weddings. Like Manhattan's luxury real estate market, the wedding industry here not only appears to be impervious to a recession, but also has been buoyed by Europeans taking advantage of the almighty euro. read more »
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