JL: How have you seen the realm of luxury change over the past few years?
CP: While the demand for luxury goods has increased, I see less conspicuous consumption and more tailored offerings to ultra high net worth. People seek experiences and are willing to pay for that. There are a number of new sites like Crest & Co. that tailor to a very specific and discerning client looking for something really special, one-of-a-kind or bespoke.
JL: How do you approach an historic home redesign, updating it to be more modern while still maintaining its old charm?
CP: I think there is a wonderful dialogue that is engendered between old and new. Carlo Scarpa, the famous Italian architect, created an amazing symbiotic relationship between old and new in his museum at Castelvecchio. In renovating many historic buildings, I actually find a modern interior more complimentary to the historic fabric, because it contrasts and compliments.