
The Return of the ‘Debasement Trade’
By THE NEW YORK SUN
|This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.

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An industry that thrives off the fortunes, love affairs, diets, deaths, and divorces of Upper East Side ladies might not seem an obvious last-minute holiday shopping solution. But the scores of high-end consignment shops scattered about Manhattan are a gold mine of discount luxuries perfect for gift-giving. Previously owned, after all, doesn’t necessarily mean “used” – if the designer castoffs up for sale don’t have the tags still attached (and many do), they’ve often been used so sparingly that they might as well be new.

By THE NEW YORK SUN
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By THE NEW YORK SUN
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By MATTHEW RICE
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By BENNY AVNI
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By GEORGE WILL
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By ROSS ANDERSON
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By JEFFREY WELLS
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By MATTHEW RICE
|An industry that thrives off the fortunes, love affairs, diets, deaths, and divorces of Upper East Side ladies might not seem an obvious last-minute holiday shopping solution. But the scores of high-end consignment shops scattered about Manhattan are a gold mine of discount luxuries perfect for gift-giving. Previously owned, after all, doesn’t necessarily mean “used” – if the designer castoffs up for sale don’t have the tags still attached (and many do), they’ve often been used so sparingly that they might as well be new.
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