The subprime mortgage crisis hasn't bruised one chunk of the real-estate market: top vintage modern houses. This week, two midcentury classics hit the auction block. The stunning Kaufmann House in Palm Springs, Calif., designed by Richard Neutra in 1946 and the more modest 1960 Esherick House—one of the few private residences designed by the influential Louis Kahn.
Preservationists lose sleep when great modern houses go on the market. Many Neutra houses, for example, have been radically altered or even bulldozed after they were sold.
Newsweek
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