From the Los Angeles website: The roped-off entrance to the club used to be the height of exclusivity. Nowadays, in the age of smartphone-paparazzi and TMZ, it isn’t enough to keep the riff raff out.
Event organizers are increasingly turning to luxury homes for private parties, industry insiders told The Real Deal. For property owners willing to play ball, the upside is high — event organizers told TRD they have spent as much as $500,000 to rent a luxury property over a three-day weekend.