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Great Article in the Los Angeles Times about the Luxury Multiple Homeowners that want Luxury and location convient to Downtown....fantastic spectacular Los Angeles developments This is a few highlights of Jennifer Lisle article in the LA Times, March 30,2008.. 

High-rises, high prices

 IF you want a killer condo in L.A., the stakes are getting higher. Several über-luxe penthouses are defying the gravitational pull of the housing market and redefining the meaning of luxury.

Mostly new, they are set atop buildings awash in every service and amenity imaginable and target the ultra-wealthy multi-property owner more concerned with maintaining an upscale lifestyle than the cost of it.

"The multimillion-dollar luxury housing market held up much better than the overall market in 2007," said Andrew Le- Page, a market analyst at DataQuick Information Systems. "There was no evidence the rich were getting poorer."

 

These 10 units will include six that are 6,000-square-foot half-floor condos priced at $18 million, two 8,000-square-foot two-level units priced at $27 million each, and two full-floor 10,000-square-foot units priced at $30 million.

 http://www.latimes.com/classified/realestate/news/la-re-penthouse30mar30,0,4446484.story

 

For more information on ultra luxury market, I would be happy to help you! 

Featured Pasadena Home of the Week: 

 http://activerain.com/blogsview/433530/-Special-Home-of