Word: pakzad
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Iranians come and go on Rodeo, lavishing hundreds of thousands of petrodollars. They also see the street as a handsome investment area. Bijan Pakzad opened the store of his dreams on Rodeo Drive, a men's store so exclusive (or merely overpriced) that, says he, "the only proper customer is the man who earns $100,000 a month." He and his partner, another Iranian, Daryoush Mahboubi-Fardi, adorned their store with a $400,000 brass and glass staircase, a $75,000 crystal chandelier and a gaggle of other niceties totaling $ 1 million...