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Pamela Anderson Working On A Dubai Hotel

Ugh, isn't Dubai full up of celebrity hotels, resorts, and developments already? Apparently not, as the latest celebrity to join the fray of "I have a hotel in Dubai" is Pamela Anderson.

Her hotel will apparently be environmentally friendly, although how exactly we're not sure -- except that she was quoted as saying "It's built with no fossil fuel at all... in Abu Dhabi - where they have all that oil."

Pamela was first inspired for the project after traveling to the area this past June with the Make a Wish Foundation. No word on what her hotel will be called, or when it will open for business.

Shaq On Star Island, Estate of the Day


I've been talking about this estate since way back in 2005. That's when basketball star Shaquille O'Neal first started trying to unload his house on Miami's prestigious Star Island. O'Neal bought the home in 2004 for $19 million soon after joining the Miami Heat. The WSJ's Private Properties column reports that the home was built in 1992 by Heat center Rony Seikaly. The home does have a certain gargantuan scale but that's not unusual in some multimillion dollar South Florida homes. It has eight bedrooms, an indoor basketball court, gym, steam room and sauna. The 2.5 acre grounds include a tennis court, six-car garage, dock, two-bedroom guest house and Shaq's pool complete with Superman logo. The home is lavish but not particularly distinctive, money used to its blandest potential. The price is now $29 million. If I were to take a bet on a final selling price, I'd guess that Shaq's going to have to cut a few more millions off this one. My guess is $23-$25 million.


Gallery: Shaq on Star Island

Continue reading Shaq On Star Island, Estate of the Day

Jessica Lange and Sam Shepard in Stillwater, Estate of the Day


Today's home is a fantastic real estate value provided you are willing to make your way to Stillwater, Minnesota. The Real Estalker reports that Jessica Lange and Sam Shepard first put this home on the market in 2004 for $3.3 million. It seems that the couple became disenchanted with their sleepy little town when it became a bit yuppified. The home in question is a five-bedroom Victorian on 2.5 acres. It dates back to 1892 but has been given a very nice renovation in fact you might have seen it in the pages of Architectural Digest. The woodwork is in top shape and although the style isn't wildly exciting there are cute touches like the dragonfly-tiled shower. The property includes a detached garage and a guest house that is located adjacent to the heated swimming pool. The land also is home to a small fruit orchard and ponds. The home is listed at $1.95 million.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Gallery: Jessica Lange and Sam Shepard in Stillwater

Continue reading Jessica Lange and Sam Shepard in Stillwater, Estate of the Day

Sunday Real Estate Round-Up, 08/03/08


Has someone finally picked up Villa Versailles? The over-the-top Malibu mansion which we featured as an estate of the day back in May, is now listed as having gone to contract.

From the NY Post's Gimme Shelter:
--Two Trees Farm, the site of the Bridgehampton Polo Club has gone on the market for a whopping $95 million. The land is 115 acres, which has preliminary approval for 18 "estate parcels," as well as two houses, an eight-unit apartment building, three barns, two indoor riding arenas, two polo fields, a pool and a tennis court.
--Natalie Portman has put her apartment, shown above, in Richard Meier's transparent West Village tower at 165 Charles St. for $6.55 million. The listing for the three-bedroom pad is here.
--Mel B. (aka Melanie Brown or Scary Spice) is in negotiations to buy a two-bedroom apartment with a $2 million price tag at Platinum, the nearly completed Midtown condominium complex on Eighth Avenue and 46th Street.
--Heather Mills has just closed on a full-floor condo at the Richard Meier-designed 173 Perry St.
--Sports broadcaster Bob Costas has sold his Time Warner Center apartment in the south tower for $8.5 million.

From the LA Times Hot Property:
-- Mark Peel, executive chef and owner of Campanile, has bought a classic Mediterranean in Hancock Park that was listed for $3.1 million. Peel's wife, comedian Daphne Brogdon, is host of TV Guide Channel's weekly series "The Fashion Team." She is creator of CoolMom.com.
--Fashion designer Christian Audigier has bought a just-restored Spanish-style hacienda that had been listed for $2.15 million.
--Actress Luciana Paluzzi and Michael Solomon,former president of Warner Bros. International and co-founder of Telepictures Corp. have llisted their Beverly Hills home for $19.995 million. The 13,638-square-foot Spanish-style house was built in 1988. The property website is here.

From the Real Estalker:
--Perez Hilton recently showed off his apartment on MTV Cribs.
--Jessica Lange and Sam Shepard have put their home in Stillwater, Minnesota on the market for $1.95 million. It's our estate of the day later today.
--Film and television composer Graeme Revell has listed his Malibu estate for $27.5 million. He and his wife Brenda purchased the five acre estate in May of 2004 for $12 million. The listing is here.
--Rumor has it that Ed McMahon may have finally unloaded his home.
--via TMZ, real estate agent Josh Flagg who stars on Bravo's Million-Dollar Listing TV show has been arrested for stealing valuable paintings from listed houses.
--Pete Wentz has put his Hollywood Hills home on the market for $1.799 million. The property website is here

From the NY Observer's Manhattan Transfers:
--Grateful Dead bassist PhilLesh and his wife, Jillspeth, paid $1,775,000 earlier this month for a condo on Prince Street near Broadway.
--Three new expensive rentals have hit the marketing charging $75,000 per month (nearly $1 million per year). At the Plaza, the founder of European operations for the clothing company Esprit, Jürgen Friedrich, put the building's largest original apartment, the Astor Suite, up for rent (he also recently put a Southampton home on the market for $67.5 million). The apartment listing is here. A duplex penthouse at 25 West Houston also went on the market for $75,000 a month, the listing is here. And there is also a $75,000 per month listing at the Waldorf Towers on East 50th Street (the listing agent Margaret H. Bay also has $95,000, $130,000 and $140,000 per month listings). The listing for the $75,000 apartment is here. The king of expensive rentals, is still the penthouse duplex at Trump Park Avenue that is being offered for $200,000 per month.

From Berg Properties Big Time Listings:
--Actor Johnny Knoxville has listed his three-bedroom home in the Hollywood Hills for $1.695 million. The listing is here.
-Music producer DJ Lethal has listed his two-bedroom contemporary-style house in the Hollywood Hills for $1.35 million. He purchased the home from actor Ivan Sergei's Lankershim Blvd Trust back in 2005 for the exact same amount. The listing is here.
--Once again rumors are swirling that Dr. Phil McGraw has placed his Beverly Hills mansion on the market for $18 million in a pocket listing, which means it is private and we can't show you a listing.
--Ted Danson and Mary Steenburgen's official sale price for their house in Malibu was $15.5 million.

From the Wall Street Journal's Private Properties:
--Cher's Malibu mansion has hit the market for $45 million. As Big Time Listings points out, the 14,000 square foot home was on the market in early 2007 for $25 million. The listing is here.
--Artist Jennifer Bartlett has sold her Manhattan townhouse, which includes a pool and her studio, for $17 million. It was previously our estate of the day back in July of last year.
--Shaquille O'Neal has dropped the price on his Miami home from $32 million to $29 million. I'll be taking a closer look at this one on Monday as our estate of the day.

Denise Richards in Hidden Hills, Estate of the Day


A couple of weeks ago, I mentioned that Denise Richards had put her latest Hidden Hills home on the market but now the LA Times' Ann Brenoff has unearthed the property website so this is definitely worth a closer look. The New-England-style retreat is definitely an upgrade from the last time we featured a home of hers as estate of the day. The five-bedroom home has a gourmet kitchen, dining room, large living room and a sitting room in the master suite all done up in a Pamela Anderson style Shabby Chic decor. Richards has listed the house for $4.25 million which is around $100,000 less than she paid for it.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Gallery: Denise Richards, Hidden Hills

Continue reading Denise Richards in Hidden Hills, Estate of the Day

Wylcef Jean Sued For Jewelry Debt

Jacob the Jeweler, who was sentenced to jail last month for money laundering, seems to have no problem heading back to court. His company, Jacob & Co. has sued musician Wyclef Jean for unpaid bills. Court papers filed in Manhattan indicate bought $765,100 worth of watches and jewelry between March 2002 and January 2006 and still owes $319,680 dollars. The company says they have tried many times to get Jean to come forth with payment. His reps had no comment.

Sunday Real Estate Round-Up, 07/27/08


From the LA Times Hot Property:
--Angela Bassett and Courtney Vance sold their Hancock Park home for $3.8 million to George and Laura Carroll, neighbors who bought the home with the intention of moving George's parents up from San Diego to live in it. The Carrolls' house backs up to this property and they plan to install a gate so no one needs to walk around the block. Laura's mom and dad, Joe and Alice Petrucci already live next door.
--Boris Nizon, president and founder of Fame Pictures, a Santa Monica-based photo agency has put his home on Doheny Drive in Beverly Hills home on the market for $3.495 million. The listing is here.
--A home above the Sunset Strip where both Judy Garland and Sammy Davis Jr. once lived is on the market for $4.995 million. The property website is here.


From Berg Properties Big Time Listings:
--Smashing Pumpkins drummer Jimmy Chamberlin has sold ahome in Murrieta, Calif. for $420,000.
--Author and comedian Amy Sedaris has paid $1.3 million for a one-bedroom co-op unit in Manhattan's West Village. The listing is here.
--Actor Chris O'Donnell has sold his Colonial-style house in Pacific Palisades which had been on the market for $5.395 million.
--Fashion stylist Rachel Zoe has sold her two-bedroom house in the Hollywood Hills for an undisclosed price after it had been on the market for $2.595 million.
--Tom Arnold has sold his Tarzana home for an undisclosed price after it had been for sale for $2.275 million.
----Kiefer Sutherland has put his loft/music studio building, shown above, in Echo Park on the market. The space is a converted ironworks warehouse that he bought in 2002 for $700,000. Sutherland turned the downstairs into a recording studio and lived upstairs in a three-bedroom space. Now it is listed at $4.895 million. The listing is here and the listing agent is his ex-wife, Kelly Sutherland.

From the Real Estalker:
----Backstreet Boy Nick Carter has put a home in Parkland, Florida on the market for $1.5 million. The listing completely with rather questionable decor, is here.
--Elle Mcpherson has put her home in Ladbroke Gardens, London, UK on the market for £9,500,000.
--Donald Trump's Palm Beach flip went for $95 million rather than the previously reported $100 million.
--Professional house flipper and reality TV star Jeff Lewis and his partner Ryan Brown may have finally sold the house on Valley Oak Drive that is featured on the current season of Bravo's Flipping Out.
--The Jonas Brothers have picked up a large six-bedroom house in Westlake, Texas which was on the market for $.2.895 million.
--Heidi Montag and Spencer Pratt were photographed checking out a $12 million house in Malibu.
--Cary Grant's daughter, actress Jennifer Grant has put her beautiful beach home in Santa Monica on the market for $2.195 million. It's relatively small but it is blocks from the beach and she has turned a rather traditional cottage into a home with lofts, high ceilings and modern interior design. Check out the magic at the property website.


From the NY Observer's Manhattan Transfers:
--The late Brooke Astor's $46 million duplex at 778 Park Avenue has been taken off the market for the summer for some minor renovations. The listing will return after Labor Day. It was our estate of the day back in May.
--A year ago, nonprofit adoption agency Spence-Chapin sold its headquarters at 4-8 East 94th Street to Richard Mack, a managing partner of his father's multibillion real estate investment group, Apollo Real Estate Advisors for $23 million. Now it's back on the market for $59 million, a full $36 million more than he paid for it. He has gutted the home but not renovated. The listing is here.
--Eugene McQuade, the president and chief operating officer of Freddie Mac paid $3.175 million for a 1,917-square-foot apartment in the Museum Tower on West 53rd Street. There are no mortgage filings along with the deed.
--Last April, venture capitalist Fred Wilson and his wife, Joanne, sold a double-wide West 10th Street townhouse for $33,148,800, the biggest single residential deal ever in downtown. Now they're building a Hudson River wonderland. They spent $16 million on the massive site at 397 West 12th Street last April. The new building will have 10 stories of Roman bricks and oversized steel windows, and only five raw-space apartments. About half of the construction has yet to be completed, but the $5.5 million, 3,613-square-foot second-floor loft, and two 6,166-square-foot duplexes priced at $11.5 and $14 million, went on the market this week with Sotheby's. The 2nd/3rd/4th Floor loft combination of 9,779+/-sq. ft is listed at $17 million. The Wilsons get the four-floor penthouse-6,409 square feet, plus 2,932 of outdoor space-for themselves.
----The biggest NYC real estate story of the summer has been potential $100 million sales at 15 Central Park West, where buyers who closed on their new condos just this year are putting the places back on the market at massive markups but will any of these sales come to pass? It seems unlikely.
--A new listing has opened up at the prized 740 Park co-op. The $38 million listing is for a 16-room, five-bedroom, seven-and-a-half-bathroom duplex. The listing is here.

Oprah Winfrey To Auction Off Cars For Charity

I had no idea that Oprah Winfrey had a car collection but she does and she's auctioning off three vehicles from her private collection: a red 1954 Mercedes-Benz 300 SL Gullwing formerly owned by the DuPont family, a 1988 Rolls-Royce Corniche II Convertible given to her by John Travolta and a 1997 Aston Martin DB7 Volante to benefit her school in Africa. The action will be held by by Gooding & Company and will take place at Pebble Beach on Saturday, August 16th and Sunday, August 17th. The auction catalogs are available for $100, which includes viewing and auction admission for two, while general admission is set at a price of $40 per person.

The 1954 Mercedes-Benz 300 SL Gullwing is estimated to sell for $600,000-800,000, the 1988 Rolls-Royce Corniche II Convertible is estimated at $70,000-100,000 and the 1997 Aston Martin DB7 Volante is estimated at $50,000-65,000. Of course, because of the celebrity provenance, it is Oprah after all, these cars could sell for more. The vehicles will be on display August 13th through August 17th. The cars will be sold without reserve and 100% of the proceeds go to her school in South Africa.

The Oprah Winfrey Leadership Academy for Girls – South Africa, is located in a suburb outside Johannesburg and provides education for girls. It opened in January 2007 and offers a private learning and residential environment for approximately 450 girls in grades 7-12, Oprah has already donated more than $40 million toward the creation of the Academy.

[Thanks, Ashley]

Clooney Effect Hits Lake Maggiore

For years, shots of George Clooney at play on the shores of Lake Como have sparked interest in the Italian vacation destination. Now the TImes Online reports that the Clooney effect has spread to nearby Lake Maggiore, which is the largest of the Italian lakes and is 20 minutes from Lake Como. Although Lake Como is the more prestigious address, villas there can be as much as 50 percent more, making Lake Maggiore seem like quite the deal for your Italian villa. Lake Maggiore has many beautiful homes, some built as summer houses by the French aristocracy.

Want in? For €1.5 million euros you can pick up a restored farmhouse with Lake Maggiore views. This home and other Lake Maggiore properties are listed through Knight Frank.

Aerosmith By The Shore, Estate of the Day


The band Aerosmith is much beloved in Boston and over the years the band has bought some great real estate in Massachusetts. The Wall Street Journal's Private Properties column reported Aerosmith drummer Joey Kramer has put his beautiful waterview home in Marshfield Hills on the market. Marshfield Hills is located on the South Shore and Kramer has himself an expansive 17-acre spread that includes views of the Atlantic Ocean and over 300 feet of frontage on the North River. The grounds include a pool and spa, guest house, , three detached garage buildings (Kramer is a partner in a specialty car dealership), a small fish pond, and open manicured lawns with views and access to the water.

The four-bedroom main house was built in 2003, has over 6,300 square feet of living area. It includes a gym, sauna, three-season porch, and a recording studio and features intricate wood carvings on the doors and mantelpieces. It is listed at $4.99 million.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Gallery: Kramer's Beach Beauty

Continue reading Aerosmith By The Shore, Estate of the Day

Candy Spelling's $47 Million Move


All of Los Angeles is buzzing over the news of Candy Spelling's big real estate move. The 62-year-old wife of the late Aaron Spelling is planning to move out of her mansion, a 123-room, 56,500-square-foot mansion on six acres in the Holmby Hills area, and into a condo. But don't feel too sorry for Candy, while her new home will be less than a third the size of the old one, it is still a whopping 16,500 square feet and sits atop The Century building which is being built next door to the Century Plaza Hotel on Avenue of the Stars. The condo will have 360-degree views of the city all the way to the ocean.

Spellings new condo went for $2,848 per square foot which works out to an astounding $47 million, a record for a Los Angeles condo. The LA Times has a few details of Candy's new two-story pad. The lower floor will include a living room with two working fireplaces, a dining room for 25 guests, and staff quarters while the top floor will be home to the bedrooms, a massage room, exercise room, conservatory with rose garden, swimming pool and a deck. The master suite alone is 4,000 square feet. She will move in next year which means that the Spelling mansion may soon be on the market. Rumors of offers have been swirling for a while but we could even see a listing now unless it sells quickly and privately to someone willing to spend around $150 million for a home with a bowling alley and a gift wrapping room among its many luxuries.

Shirley MacLaine Jewelry


Legendary actress Shirley MacLaine now has her own line of jewelry. MacLaine says that playing fashion designer Coco Chanel in a TV movie inspired her line of jewelry. The Chakra Sky Jewelry marries her interest in gemstones with her love of the metaphysical. The rings, pendants and earrings have names like Spirit Steering and Safe Landing and are made of eco-friendly sterling silver and gemstones such as amethyst, fire opal and lapis. The pieces are priced a bit higher than similar pieces I have seen but the actress's name may contribute to the pricing. The Chakra Sky rings shown above are worn at the top of the finger rather than at the base and sell for $328.

[via Female First]

Gallery: Celebrity Jewelry Lines

Jane SeymourMary Kate and Ashley OlsenElizabeth Taylor and Kathy IrelandHeidi KlumPaula Abdul for One God

Kelsey Grammer's Fantastic Flip, Estate of the Day


We've written about Kelsey Grammer's real estate doings before (he's nearly as ambitious a real estate tycoon as Ellen DeGeneres and now the Real Estalker reveals the latest listing from Kelsey and Camille Grammer. This home in the prestigious Holmby Hills are of Los Angeles is one of his best yet. The seven-bedroom home is over 10,000 square feet is on almost an acre of desirable land. The Grammers bought the home less than a year ago for $13.7 million. They have done up the home in their mix of beige and whimsy, sticking to relatively neutral tones throughout the house but making some vibrantly colorful choices in bathroom tiles. The grounds include an expansive pool area and a large lawn.

The home's other features include a gym (with a fireplace), large bathrooms, a media room with a built-in bar and a cozy but luxe style that gets much of its charm from the heavy dark beams and plethora of French doors. I'm not much of a fan of the "English Country" style but as wacky as they are, I'm loving the bathroom remodels (although I never understand the wisdom of having anything upholstered next to the tub. The Grammers have listed this home for $19.9 million.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Gallery: Kelsey Grammer's Fantastic Flip

Continue reading Kelsey Grammer's Fantastic Flip, Estate of the Day

Sunday Real Estate Round-Up, 7/20/08


From the LA Times Hot Property:
--Brady Bunch actress Eve Plumb has put her tiny Malibu beach bungalow on the market for $5.5 million. The cottage has just two bedrooms but the deck, shown above, overlooks the beach. The listing is here.
--David Duchovny and Téa Leoni have sold their Malibu home that had been listed briefly for $12 million.
--L.A. Galaxy coach Ruud Gullit has listed his Hollywood Hills West house for sale at $4.25 million. It will be an estate of the day later this week.

From the NY Post's Gimme Shelter:
--Villa Maria, a former nunnery in the Hamptons, is about to hit the market for $100 million. The property also known as the Siena Spirituality Center, is a 21,000-square-foot Beaux Arts mansion with 12 bedrooms, 13 bathrooms, a ballroom, an institutional kitchen, three guest cottages and 1,200 feet of shoreline.
--American Idol winner Taylor Hicks is renting in the Atelier building while he stars in "Grease."

From Berg Properties Big Time Listings:
--Matthew Perry has paid $883,000 for a modest house in Studio City. It looks like this might be a flip or a real estate investment for the actor who has a long list of properties.
--A four-bedroom in the Hollywood Hills that currently is owned by an executive for the BBC, and that he purchased in 2006 from comedienne Carol Leifer, is on the market for $2.15 million. The listing is here.
--Official sales numbers for Melissa Etheridge's Hidden Hills home which went to Nicollette Sheridan. The deal closed for $4,304,000.
--Milwaukee Brewers owner Mark Attanasio has listed his his five-bedroom house on Malibu's Broad Beach for $22 million. The listing is here.

From the Real Estalker:
--In addition to their recent Los Angeles purchase, Nicole Kidman and Keith Urban have also picked up an estate in Sutton Forest, Australia for around $6.5 million.
--Ellen Degeneres and Portia di Rossi have picked up yet another property in Beverly Hills for $5.5 million. This property on Lago Vista Place has sight lines into Ellen and Portia's backyard and will likely be torn down.
--Rumor has it that reality TV's favorite house flipper Jeff Lewis recently sold his house on Los Feliz's Commonwealth Avenue to Lost actor Dominic Monaghan.
--Artist Elizabeth Peyton and her boyfriend Tony Just have listed their weekend home in Orient, New York for $900,000. The two-bedroom home on the North Fork of Long Island includes a lap pool and a custom designed kitchen with teak counter tops and mahogany cabinets. The listing is here.
--Olivia Newton John has dropped the price on her Malibu mansion again. It's now at $11.95 million. The listing is here.
--The Tarzana home where Kevin Federline lived after he and Britney Spears first split up has hit the market for $1.89 million. The listing is here . Federline has moved on to another Tarzana lease.
--Jamie Foxx may have already sold his Tarzana home. A tipster to the Real Estalker Mama indicates that sign at the front of the property indicates the house is in contract. It was recently our estate of the day.
--The Beverly Hills fixer upper belonging to real estate agent Kevin Huvane was almost snapped up by nightlife king Sam Nazarian, then nearly bought by Hollywood divorcee Jamie Tisch but neither one followed through and the home is still listed at $14.95 million. The listing is here.
--The Hollywood Hills home belonging to Jake and Maggie Gyllenhaal's parents, Naomi Foner and Steven Gyllenhaal has been given a price cut to $3.495 million. The listing is here.
--"Without A Trace" actor Enrique Murciano's home in the Hollywood Hills is now listed as "looking for backup." The listing is here.
--via the Daily Mail, one of my all-time favorite estate of the day properties, Witanhurst, has been sold again. London's largest private house besides Buckingham Palace sold for £50,000,000 to Russia's richest woman Elena Baturina who is married to Yuri Luzkhov, the current mayor of Moscow. Property developer Marcus Cooper bought Witanhurst in 2007 for £32,000,000 with plans to renovate but managed to sell for an £18,000,000 profit without touching a thing.
--Oscar winning writer William Monahan has put his home on Mulholland Drive in Los Angeles on the market for $2.35 million. The listing is here.
--Kelsey Grammer is flipping again, he's put a Holmby Hills home on the market. It's our estate of the day later today.

From the Wall Street Journal's Private Properties:
--Nicolas Cage has put a home he owns in Las Vegas on the market for $9.95 million. It's our estate of the day on Monday.
--Aerosmith drummer Joey Kramer has put his Massachusetts home on the market for $4.99 million. It will be our estate of the day later this week.
-- Locksley Hall, a 12,000-square-foot mansion on Belvedere Island overlooking San Francisco Bay was recently in contract for $65 million but is back on the market at an unchanged price. It was our estate of the day back in 2006 and the listing is here.


From the NY Observer's Manhattan Transfers:
--André Balazs has introduced a new amenity at his Beaver House condo in the Financial District building, The Beaver Butler. For about $1,000 per year, buyers can watch footage from their "in-residence cameras" on their computers--to "check up on what's happening while you're away."
--Plastic surgery poster girl Jocelyne Wildenstein lived for years with husband Alec on the third floor of his father's 29-foot-wide mansion at 11 East 64th Street. Mr. Wildenstein died earlier this year and now the house has been sold for $42.5 million. The contract was signed back in September and the buyer is listed as a limited liability corporation named Vesta International.
--Sherman Cohen's $35 million Park Avenue mansion, it was our estate of the day in June, has gone to contract. Braden Keil at the NY Post says the sale price is $32 million and that it went to a "American non-hedge-fund manager."
--A Central Park West apartment belonging to Abraham Pustilnik, who has been indicted insurance fraud and grand larceny, sold to New York Rangers Center Chris Drury for $5.1 million.
--Director Peter Jackson may be the purchaser of a two-unit, 10-bedroom, $17.35 million penthouse duplex on Franklin Street.

Akris Outfits High-Powered Women At High Prices

Swiss designer Albert "I cannot work with cheap fabric" Kriemler has gradually built his family-owned brand, Akris, into a luxury power seller. Now serious competition for longstanding luxury brands Armani and Chanel, Akris often outsells both in that elusive upper echelon of fashion. But you won't see the brand on many a young starlet. Akris is not for the trendy, despite a criticized attempt to change things up for the Spring 08 collection. Favored by women looking to be taken seriously -- Condoleeza Rice is a fan, as is Diane Sawyer -- Akris focuses on quality and timelessness, with the seasonless, highly packable fabric to prove it. Yet highly packable translates to highly priced: a cashmere/silk jersey dress is in the $3-4000 range. Check out selections from Fall at Bergdorf's and also at Neiman's. Then browse the gallery to see some evening pieces, and all those gorgeously cut pants. To see some new shapes and a few perfectly draped dresses, check out the Akris resort collection on Style.com, which isn't out quite yet.

Gallery: Akris Outfits High-Powered Women At High Prices

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