World’s most expensive per square foot
According to Knight Frank, a London based real estate firm Monaco is the most costliest city in the world when it comes to real estate. During the fourth quarter of 2012, the average price of real estate in Monaco was between $5,350 and $5,920. If this is a consolation for you, it might surprise you that these prices are for per square feet. Prices have risen by over two percent in the Mediterranean principality. This is due to the fact that world’s wealthy people have invested most of their fortunes in real estates in the region. The tax haven status of Monaco helps the investors as countries as U.K, France […]
Hermes BBallin’ for $13K
After an 18-month renovation, Hermès is reopening its Beverly Hills store on Sept. 4. To commemorate the opening, the brand is rolling out its first-ever basketball for a whopping $12,900. Only two of the balls have been produced at the special-orders atelier in Paris under Pierre-Alexis Dumas‘ creative direction. The ball is made of blue calfskin and uses the same hand-stitched technique as Hermes’ Birkin bags. “It represents the sky, the ocean and all the beautiful pools that are a way of life in L.A. and Southern California,” says Robert Chavez, Hermes U.S. CEO, who says that the exceptional quality of the leather as well as the artisanal craftsmanship account […]