There are some clothing lines that will forever make me feel 20 years too old or 20 pounds too fat, but such is life in Los Angeles.
The man responsible for some of those 20-20 situations is Arif Noor, chief executive of Clothing for Modern Times, or CMT as it’s known in the fashion trade. CMT, based in Toronto, produces designer clothes under several well-known labels including Urban Behavior. Noor has listed his five-bedroom Hollywood Hills home with views of Lake Hollywood at $12.5 million.
The architectural home was designed by Jeffrey and Rochelle Mills of the Mills Studio and completed in 2007. The home is constructed of two glass and steel boxes perched on and cantilevered from a series of exposed poured concrete walls. Truly this is a case where a picture is worth 1,000 words.
A two-story entryway features a steel and glass-floor bridge that cantilevers out over the swimming and reflecting pools below and out to the lake. In the living room, walls of glass fully retract, making for an honest to goodness indoor-outdoor experience. The home has two family rooms, a state-of-the-art kitchen, a private movie theater, bar area, gym and massage room. The residence has lots of high-end finishes including mahogany siding and Tigerwood floors.
For those who don’t spend nearly the amount of time I do looking at fancy houses, Tigerwood is from Latin America and thusly named because of its grain patterns that make it look like a tiger. It can discolor in sunlight, which makes it a higher maintenance hardwood, but I love the stuff and like to credit home sellers on their good taste whenever possible. Even those who produce clothes I can’t fit into.
CMT has a 60-person L.A. design studio that drives the company’s brands: Urban Behavior, Costa Blanca, Delicious and Naked Blue. The company opened its 30,000-square-foot fashion penthouse in early 2008 to encourage fashion inspiration and creative design freedom.
Noor also owns the chain of more than 125 Urban Behavior stores in Canada, the U.S. and abroad. The first Urban Behavior store opened in Toronto in 1989.
David Findley at Partners Trust Real Estate Brokerage, Brentwood, has the listing.
Palisades Listing
One of the nation’s leading wealth managers has listed his Pacific Palisades estate for $11 million.
Palmer N. Murray, a vice president of Morgan Stanley and No. 64 on Barron’s list of top 100 wealth managers last year, is hoping to sell a 9,000-square-foot home that sits on nearly two-thirds of an acre in the Huntington Palisades neighborhood. The house has six bedrooms and nine baths. There are extensive entertainment areas including a large yard with pool, spa, sports court and putting green. The home has a floating staircase and a large master suite with dual closets, his and her baths, and a veranda with views.
Murray was listed as No. 14 on the Business Journal’s list of top 40 wealth managers in 2007, and No. 47 of the Top 100 Wirehouse Advisors in America in 2010.
Hugh Evans of Partners Trust is the listing agent.
Malibu Spectacular
Yuri Spiro, the owner and publisher of technology information company WestWorld Productions, is selling the Malibu Bluffs home he bought more than 16 years ago from former Van Halen singer Sammy Hagar.
Spiro redid the home “without a budget,” said listing agent Carol Bird of Westside Estates Agency, Malibu. The result is a blow-me-away spectacular home with all-teak floors, hand-hewn beams and a master bedroom suite that rivals that of any five-star seaside resort suite. There is a private pathway to the beach.
Spiro is downsizing from the six-bedroom home that is now listed at about $10 million and is open to a property trade. The property was recently reduced from $12.9 million. The ocean bluff home has English rose gardens, expansive green lawns and a ton of privacy. The rooms are grand in scale and there are four fireplaces. The gated estate has parking for nine cars.
Spiro’s Beverly Hills company, WestWorld, focuses on the computer industry. The company was founded in 1981 and produces the Computer Technology Review. Today, the CTR website has a loyal following and is one of the largest sites devoted to data storage and management. WestWorld also publishes IT Security.
Carol Bird of Westside Estates Agency, Malibu, has the listing.
Manhattan Beach Sale
Michael Egeck is a guy who knows his way around a pair of jeans. He’s the president of True Religion Apparel Inc. and he and his wife just sold their five-bedroom Manhattan Beach home for $3.2 million.
The 4,160-square-foot home was built in 2006. The contemporary Craftsman-style home is within walking distance to the beach and downtown Manhattan Beach.
Egeck also served as the interim president of the apparel label Afflictions Holdings LLC in Seal Beach. Prior to that he was chief executive of Seven for All Mankind, another high-end designer jeans label. Earlier in his career, he promoted products including NorthFace, Jansport, Vans and Reef.
Dave Caskey of Caskey & Caskey Shorewood Realtors had the listing.
Ann Brenoff can be reached at [email protected].
