The New York Times was half right and half wrong when it reported that the boom in “trophy homes in the sky” is over. The right part: It turns out that there is not an inexhaustible supply of people willing to spend $50 million or more on a condominium they may rarely visit.
The wrong
According to several media reports, Latin superstar, Paulina Rubio has been accused by her ex-husband of co
ncealing assets during their divorce proceedings earlier this year. The couple divorced in March and the pop-star reportedly agreed to pay ex-husband Nicolas Vallejo-Najera $6,750 a month for three years. Vallejo-Najera now claims, in Miami-Dade Family Court,
Last week, a Tennessee judge fined Oprah Winfrey’s father, Vernon Winfrey, $70,000 in legal fees as punishment for bad behavior during his divorce. According to the judge’s decision, Mr. Winfrey used some fairly complicated maneuvers to avoid splitting the value of a barbershop he owned with his soon-to-be ex-wife while at the same time