The Case of the $220 Million Mystery: A Palm Beach Scoop

On Palmer today, I reveal the name of the mystery purchaser of a massive tract of beachfront land in Palm Beach. Word! It’s not Bill Gates (who was rumored to be the buyer).
California, Sweet

A storied Bel Air estate featured in Unreal Estate is the subject of a story in the Hollywood Reporter this week, which cites the book in its coverage. The seven-bed, 20-bath Casa Encantada on 8.4 acres on Bellagio Road is “L.A.’s Most Expensive House,” the trade says. The seller is the widow of Gary Winnick, […]
It’s My Tetralogy

Publishers Weekly has announced my next book, fourth in a series of social-archaeological excavations of luxury real estate. A Caribbean cousin of 740 Park, Unreal Estate and House of Outrageous Fortune, it’s the story of the island of St. Barthélemy, which I’ve been visiting since the late 1980s and I couldn’t be more excited about […]
R.I.P. Alice Mason, 100

I’m quoted in today’s New York Times obituary of Alice Mason, the real estate broker and hostess. For lesser beings like me, an invitation to one of her dinner parties was a signal of, if not acceptance, then a certain achievement. I still recall my thrill when I saw fury in the eyes of the […]
RIP Patty Raynes

The late Patty Raynes, who died this week, plays a small part in my book Unreal Estate: Money, Ambition and the Lust for Land in Los Angeles. But her father, Marvin Davis, is and was as oversized a character—physically and in American social and business life—as the L.A. estate he owned. Click the link to […]
Suddenly, Last Sumner

The listing of the late Viacom mogul Sumner Redstone’s estate in Beverly Park, near Beverly Hills, for $27.9 million, caused the Hollywood Reporter to revisit Unreal Estate’s opening chapter, in which Sylvester Stallone bought the same property after racist neighbors rose up in fear when Death Row founder Suge Knight almost bought it. Read all […]
It’s the Unreal Thing
Owlwood, one of the most famous properties in Holmby Hills, has recently been price chopped to $115 million from an original asking price of of $170 million. First occupied by the estranged wife of the founder of the ritzy real estate development, it was later owned in turn by a partner of Conrad Hilton, movie […]
“Quality will win out”
Walt Disney said that, and yesterday’s real estate news shows it’s still true. On both the east and west coasts, trophy properties with remarkable histories have gone on the market and attracted attention for their inherent quality–as well as their sky-high asking prices. In Bel Air, California, Variety’s brilliant Realestalker Mark David reports, soap opera mogul Bill […]
Orphaned Estate and Book Seek New Patrons
Unreal Estate, my 2011 romp through the luxury property market in the West Los Angeles neighborhoods of Bel Air, Holmby Hills and Beverly Hills, has been out of print for several years but still attracts attention. The same is true of the great estates it covers, like 141 South Carolwood Drive, former home of Tony […]
Plutocrat Podcast
Last week, William D. Cohan interviewed me on covering the world of wealth in New York at a 92Y Talk. Here’s the podcast.