01/26/2012 08:52 am ET Updated Mar 27, 2012

Vera Wang's L.A. Story

Vera Wang is ready to discuss her latest purchase: a sleek four-bedroom house in Beverly Hills. Well, almost. Before she begins, she'd like to clarify two particular points. Number one, she is not moving to Los Angeles, and two, "I am not the sort of woman who would wear high heels with a bathing suit. Let's get that straight right now." (More later on the remarkably fit 62-year-old designer's bathing-suit shot.) But the reason behind her new real estate is simply to have a place to unplug from the nonstop Manhattan whirl, not to abandon it entirely. "It's a zen escape," she explains. "New York for me is about work. If L.A. were to become a West Coast version of that, I'd shoot myself. The climate, the lifestyle — it really fits as the yin to my New York yang."