At a recent summer soiree in the Hamptons, some of New York society's most affluent members lamented the 'deteriorating quality of life' in the city.The Saturday night charity auction benefitting Southampton Hospital was a moment for the rich and powerful to gather in a tent adorned with pineapples and rattan chandeliers, and look forward to the coming season in Palm Beach, where many of them now spend the bulk of their years.Billionaire hedge fund manager John Paulson, 67, who famously shorted the housing market just before the subprime mortgage disaster in 2008, said the party was a stark contrast to a recent day he'd had in Manhattan.
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