When you're debating which is better—the Hamptons or Malibu—it's like choosing between a Ferrari and a Lamborghini. Or between two children you love equally, though differently.
Just ask Robert Cohen, president of the Southern California division of RKF, a commercial real estate firm. "I've been living bi-coastal for years," he said.
Cohen grew up in Woodmere, Long Island, and summered in the Hamptons regularly. On the morning of Sept. 11, 2001, he was waiting to board a flight from LaGuardia when the FAA halted all air traffic after terrorists began flying airplanes into buildings.
"I walked home to the city that day from the airport," he said. "That was all my California wife needed to know for us to move."