REAL ESTATE: A Man with Friends

Each morning, in his Los Angeles penthouse, a dapper real-estate man named Alexander Wolanow carefully runs an electric razor over his chin, cheeks and jowls. Then, with smooth, swift motions, he keeps right on mowing back over his entire skull. The reason, says "Sacha" Wolanow, is that "I like to be different."

Sacha Wolanow doesn't have to look like a cue ball to be different: his mysterious operations set him apart from most men. Last week he bought a housing development for $1,025,000 ($365,000 in cash), then dashed back to his office...

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