On the Racked: Indie Back on AK, Midtown Crossing News, Ragdoll LA’s Studio

May 18, 2013 | PropertyRazzi

VENICE: H. Lorenzo’s new multi-brand venture in Venice, Left House , is on a mission to bring commercialized Abbot Kinney back to its indie roots. MID-CITY: The Midtown Crossing shopping center’s latest retail developments include an Ulta, Sports Authority, and Ross Dress for Less , which is “completed and ready to move in,” a tipster notes. SILVER LAKE: Looking for home decor ideas? Take a tour of new knitwear line Ragdoll LA ‘s airy, skylit design studio in Silver Lake. · Racked LA [Official Site] Read More

Biggest Losers: The old saying "the bigger they…

May 17, 2013 | PropertyRazzi

The old saying “the bigger they are, the harder they fall” has resonated with some of the world’s richest people in the past year, as some of the biggest billionaire losers have seen their fortunes dwindle. Zynga founder Mark Pincus saw his net worth plunge by 75 percent, while Brazilian mining magnate Eike Batista lost an average of $2 million per hour in 2012. See their homes, and more from the jilted wealthy, over at Curbed National. [Curbed National] Read More

Celebrity Real Estate: Hugh Hefner Buys $5M House He Doesn’t Plan to Live In

May 17, 2013 | PropertyRazzi

Add this to the list of swank love shacks owned by famed Lotharios: Playboy tycoon Hugh Hefner and his 27-year-old Playmate wife, Crystal Harris, have dropped $4.995M on a gated, contemporary spread in L.A.’s ritzy Hollywood Hills area. Built in 2011, the 5,917-square-foot house, which perches above the city’s Sunset Strip on what the brokerbabble insists is an “exclusive cul-de-sac,” boasts five bedrooms, an entertainment area, walnut floors, lots of lovely terrace space, and a white glass infinity pool. TMZ says the pair has no intention of leaving the Playboy Mansion, which is technically owned by Playboy Enterprises, and that this purchase—partially in Harris’ name—is meant to be a morsel of financial security for when Hefner, err, is no longer around. Huh. That shows a surprising amount of self-awareness for a man who, no big deal, married a woman 60 years his junior. Anyway, have a look, aboveRead More

Adventures in Exterior Design: When a San Francisco resident realized…

May 16, 2013 | PropertyRazzi

When a San Francisco resident realized his roof had views of the Golden Gate Bridge, Alcatraz, the Palace of Fine Arts, and downtown, he called upon local architect studio Peek Ancona to create what quickly became one of the sweetest decks in the city. Included: two levels with a putting green, outdoor TV, hot tub, and heat lamps. Curbed SF has photos. [Curbed SF] Read More

Don’t Just Post Photos, Post Stories

May 16, 2013 | PropertyRazzi

We are storytellers by nature, so our best tool for creating great stories is our hearts. Tune into yours and listen carefully. If you listen carefully, you will begin to hear a great story. Then post it on Facebook, Instagram or Pinterest to see if it speaks as loudly to your community. Read More