Celebrity hangout will allow select group to own shares in ‘world’s best real estate’
The Chateau Marmont, a Hollywood hotspot and hangout for nearly a century, will be converted into a members-only hotel over the next year.
The owner, André Balazs, confirmed his plans to turn the 91-year-old building into a hotel at which a select group of members buy into “a piece of a portfolio of the best real estate in the world”, the Los Angeles Times reported.
Continue reading...from The Guardian https://ift.tt/3gq1orX
