Magazine article Variety

Former WME Partner Mark Itkin Flips in L.A., N.Y

Magazine article Variety

Former WME Partner Mark Itkin Flips in L.A., N.Y

Article excerpt

William Morris Endeavor partner Mark Itkin retired last year after an illustrious three-plus decade career, and it appears he and his partner, the accomplished interior designer and artist Bradley Bayou, have gone in to the high-end-house-flipping business, with pricey homes currently for sale in both Los Angeles and New York City.

Itkin, who packaged a slew of hit reality-TV programs, including "The People's Court,""Project Runway? and "Big Brother? shelled out $1.6 million in December 2011 for a dowdy fixer-upper on an elevated comer lot in the perennially trendy and outrageously spendy Bird Streets neighborhood above L. A.'s Sunset Strip. He razed and replaced the dumpy '60s ranch house with a commanding glass-and-stone contemporary of about 7,500 square feet with five bedrooms and 6.5 bathrooms. The house - designed by Bayou with limestone floors, hand-cut stone walls, and towering expanses of glass that disappear into the walls - opens to a circular foyer with sky-light. There are formal living and dining rooms, a top-of-the-line kitchen with a bronze-faced fireplace, and, on the lower level, a sexy bar/lounge, state-of-the-art screening room, and garage with parking for four cars.

Just over two years ago, on a desirable tree-lined block in New York's Chelsea district, the former Hollywood power player paid $4. …

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