May 27, 2007 |
TAKE a deep, deep breath. Smell that? It's a combination of ocean breeze, rose petals and money -- lots and lots of money. Here at the freshly enhanced Four Seasons Resort the Biltmore Santa Barbara, billionaire owner Ty Warner has spent $240 million -- and counting -- to refine and restore the 80-year-old oceanfront property. You can't help but wonder where all that money went.
CALIFORNIA | LOCAL
November 30, 2006 |
Two years after buying a landmark Montecito hotel that had fallen into disrepair, Beanie Baby tycoon Ty Warner has announced that the Miramar is for sale -- a turnabout that surprised area residents who said they had welcomed the billionaire's help in restoring the dilapidated seaside property.
November 26, 2005
Re "Senators are blowing smoke on gas," Opinion, Nov. 22 Joel Stein is correct when he states that companies should be able to charge as much as they can get away with. It's the American way. However, unlike Beanie Babies, real estate and drinks at the Bar Marmont, examples cited by Stein, gasoline is not an option we can do without. We live in an environment, largely created by monopolistic oil companies, that is totally dependent on gasoline. Competing and alternative technologies were bought up, dismantled and otherwise put out of business by these same companies, which have always had us over a barrel, so to speak.
CALIFORNIA | LOCAL
August 6, 2005 |
By all accounts, folks at the Coral Casino Beach and Cabana Club used to get along famously. For decades, they held charity galas and debutante balls. On lounge chairs arrayed around a super-size swimming pool, members tranquilly took the sun as young people posed atop an impossibly high diving platform. But now -- well, what could be more appropriate for a beach club than a line in the sand?
February 17, 2005 |
The company that makes Beanie Baby toys must forfeit more than $700,000 after a federal judge found that owner H. Ty Warner tampered with a witness in a trademark case. U.S. District Judge Joan Lefkow ordered Westmont, Ill.-based Ty Inc. to pay back $716,046 it had won in its trademark-infringement lawsuit against Softbelly's Inc., another toy maker. Ty Inc.'s Beanie Babies, plush-covered, pellet-stuffed animals, sparked a collector craze in the 1990s, making creator Warner a billionaire.
August 31, 2004
Re "Another '90s Bad Dream," Aug. 26: Readers who would like to unload their collections of Beanie Babies should log on to www.anysoldier.us. There they can find out how to send their Beanie Babies to our soldiers in Iraq and Afghanistan, who are taking these donated Beanie Babies on their trips to villages to "win the hearts and minds" of the locals. Readers just might want to send our troops a treat or two while they're at it. Chantal Schlicter Upland