Reply #5: Google "The Andrew Freedman Home" -- it was a halfway house for down-on-their-luck millionaires. . .

[Journeyman]

it kept many a rich man from having to rub shoulders with the hoi polloi . . .


http://bronxbohemian.wordpress.com/2009/02/20/the-andrew-freedman-home-palazzo-di-bronx/



On edit: Forgot to add, it was established by its benefactor because he had learned, through personal experience, that reduced circumstances are harder on the rich than on the poor, as the wealthy don't have near enough skills to fend for themselves sans cash.