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L.A.’s Trophy Homes Starring In Sequel For Luxury Market

THE RESERVE . . .is a six-bedroom, 11-bath Art Deco mansion in Los Angeles that Kristoffer Winters spent more than two years rebuilding and decorating down to its monogrammed bathroom towels. His asking price was $25 million.“The gentleman that bought it got it completely furnished,” Winters said during an interview at the Holmby Hills estate, a six-minute walk …

CASH RICH INVESTORS POUR MONEY INTO LUXURY HOMES

  “Luxury real estate is the new global currency,” Jonathan Miller, president of New York-based appraiser Miller Samuel Inc. “They’re building the  world’s most expensive safety deposit boxes.” FULL ARTICLE 08-19-13   FARRA 

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