To Sell an $80 Million House, Its Owners Raise the Price

A mansion in Los Angeles wouldn’t sell. But what if it cost $8 million more?
In early 2008, Albert Elkouby bought a 1.54-acre piece of land on the corner of a main thoroughfare in Beverly Hills for $18 million and set about erecting a 28,000 square-foot “French chateau-inspired” house. Four years later, in 2012, Elkouby, who owns JH Design, an apparel company that makes branded jackets for the NFL, NBA, and Nascar, put the shell of the home on the market for $29.9 million
Categories : Finance, Real Estate

Leave a Reply

You must be logged in to post a comment.