What bubble? The wealthy are only familiar with champagne bubbles, which leads us to the breaking news of a pricey sale at the Robert A.M. Stern-designed tower "The Century". Via the LA Times: "A unit on the 38th floor of a still unfinished luxury condo tower in Century City sold recently for a record $15 million..." The $2,700 per sq. ft. is the most money some fool has spent on local real estate to date. But don't worry, there's still a $30 million penthouse waiting to be sold. [LA Times]
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