Hollywood's High-Flying Luxury Real Estate Brokers Find Themselves Grounded

She’s designed a yacht for Johnny Depp, more than a dozen homes across the globe for Nicolas Cage and a $30 million condo for Matthew Perry, but for interior designer LM Pagano, the project she keeps circling back to these days is the luxury bunker she designed for a billionaire client in 2015.

“We launched the first week of March, when there was no talk of quarantines,” says Compass’ Greg Holcomb, who has the $4.5 million listing with Cassandra Petersen. “But then everything started changing after we were on for a week. We had a lot of momentum from the launch and it seemed short-sighted to take it off, especially because the house has features that might be interesting to people at a time like this.

Up until this week, agents had been working under the Department of Homeland Security edict that deemed “real estate services” to be part of the nation’s “critical infrastructure,” effectively designating the industry as essential business. That prompted the California Association of Realtors to issue an advisory halting all open houses but allowing for virtual tours.

Boo hoo

Good. Fuck them guys.

tragic

😀 🎊🎉🎇🎆 😀

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Source: WSJ - 🏆 98. / 63 Read more »