Malibu: Like the Berkshires But With Sand And Greed
The New York Times reports that mid-level Hollywood executives are renting modest apartments in Malibu for weekend getaways. This might seem like a quaint LA version of rising-professional New Yorkers investing in cute little upstate pieds-a-terre, but then you get to this paragraph towards the end:
Marty Bowen, 36, a partner in the motion picture department at the United Talent Agency and the owner of a home in the Hollywood Hills, rented a summer house in Malibu in 1999.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in