We knew they had an "only the best for Condes" policy over at 4 Times Square. But (call us naive) we had no idea Si Newhouse was actually buying his employees $4 million apartments. More or less. Hey, these folks can't be entertaining the likes of Sarah Jessica Parker and Marc Jacobs in a Brooklyn loft.

As today's Observer reports, the top Conde editors must live in top Manhattan properties. It all began in the 90s, when Uncle Si reportedly picked up the mortgage on Tina Brown's $4 million four bedroom pad on East 57th St. But why stop there?

Over 20 Condé Nast executives, editors and even a couple of writers have either been loaned money directly by the company (sometimes listed as the overarching corporation, Advance Publications) or had the media giant secure mortgages in order to purchase properties, according to city records.

A brief rundown of what exactly it costs Conde Nast to hold on to their socialite editors … and their socialite statuses.

Anna Wintour: Her and her husband took out a $200,000 mortgage on their Greenwich Village townhouse — "with Condé Nast lending the money."

Graydon Carter: Him and his first wife Cynthia bought their four story Bank St. townhouse in 1999. "Shortly thereafter, the couple took out a $3.841 million mortgage, with Advance lending the money.

David Remnick : He signed a contract for a West 86th Street duplex listed at $3.25 million. "Advance secured the loan."

Jim Nelson: After taking over as EIC of GQ, "Nelson moved into a co-op apartment in a Chelsea brownstone, with Advance serving as the secured party."

Oh, and they threw Ariel Foxman a couple thou for his "oversized" one-bedroom spread. We wonder if Si is going to by his favorite Fairstepchild Brandon Holley a downtown crashpad, of if it's only the "real" Conde editors who get houses?

It’s Condo Nast: Newhouse Keeps Editors Housed [Michael Calderone, New York Observer]