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BUSINESS
February 5, 2012 | By Roger Vincent
Century City skyscraper Constellation Place, formerly known as MGM Tower, is the first Los Angeles high-rise to be served by electricity-generating fuel cells. Landlord JMB Realty installed two Bloom Energy Servers that will produce 400 kilowatts of power, about one-third of the electricity needed by the 35-story tower. Bloom servers, made by Bloom Energy of Sunnyvale, Calif., are each big enough to occupy an average parking space and contain thousands of Bloom fuel cells - flat, solid ceramic squares made from a sand-like powder - that convert air and fuel into electricity through an electrochemical process.
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NEWS
January 21, 2014 | By Mary Forgione, Los Angeles Times Daily Deal and Travel Blogger
If you can't put a price on love, then why not spend a ridiculous amount of money for an over-the-top Valentine's Day hotel package? With these Southern California and New York City picks, $10,000 doesn't even get you in the game. Don't worry about taking out that line of credit from the bank; the experience at these luxury hotels will make it all worth it. $100,000: Don't even think about the Proposal of the Century package at the Langham Huntington (1401 S. Oak Knoll St., Pasadena)
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BUSINESS
January 20, 2013 | By Roger Vincent
Plans are moving forward for construction of two 46-story residential towers behind the landmark Hyatt Regency Century Plaza Hotel in Century City following the unanimous approval of the project last week by the Los Angeles City Council. Developer Next Century Associates plans to start work next year on the $2-billion project designed by Pei Cobb Freed architects. In addition to the towers, the project is to include a 100,000-square-foot retail plaza with shops and restaurants and more than two acres of public open space with fountains and courtyards.
BUSINESS
December 17, 2013 | By W.J. Hennigan
Insurance giant American International Group Inc. announced it would sell a majority of its Century City aircraft-leasing unit to Netherlands-based AerCap Holdings, in a deal valued at $5.4 billion in cash and stock. The deal for International Lease Finance Corp. still faces substantial regulatory hurdles, including U.S. and foreign reviews. If approved, the deal is expected to close by the second quarter of next year. AIG has been trying to sell the unit since 2008, when it nearly collapsed and was forced under federal government control.
CALIFORNIA | LOCAL
April 26, 2013 | By Joe Mozingo
FBI agents arrested a Century City man for allegedly running a multimillion-dollar Ponzi scheme that primarily targeted the Persian-Jewish community in Los Angeles, according to the U.S. attorney's office. Shervin Neman, whose given name is Shervin Davatgarzadeh,   31, was indicted on two counts of wire fraud and one count of mail fraud. He was taken into custody Friday morning. His victims allegedly lost more than $3 million, according to a news release from the U.S. attorney in Los Angeles.
NEWS
August 29, 1985
The City Council has allocated $57,000 to help fund a ride-share program for Century City, according to a spokesman for Councilman Zev Yaroslavsky. The program, which is entering its second year, also is supported by $40,000 from Century City businesses. The city's funds come from a half-cent sales tax approved by voters in 1978 to deal with traffic problems.
BUSINESS
January 21, 2013 | By Roger Vincent, Los Angeles Times
Plans are moving forward for construction of two 46-story residential towers behind the landmark Hyatt Regency Century Plaza hotel in Century City after the unanimous approval of the project last week by the Los Angeles City Council. Developer Next Century Associates expects to start work next year on the $2-billion project designed by architect Pei Cobb Freed & Partners. In addition to the towers it will include a 100,000-square-foot retail plaza with shops and restaurants and more than two acres of public open space with fountains and courtyards.
BUSINESS
April 23, 2012 | By Roger Vincent, Los Angeles Times
The Century, a luxury condominium tower in Century City, will soon house a restaurant operated by high-profile Los Angeles chef David Myers. His yet-to-be-named restaurant will be open to the public and also cater private meals and events for residents of the 41-story tower such as Candy Spelling, who owns the top two floors. The ground-floor restaurant will have a separate driveway and entrance from the residences, said Jeff Blau, president of the Related Cos., the developer of the tower on Avenue of the Stars.
CALIFORNIA | LOCAL
September 25, 2013
Join us at 9 a.m. when we talk with Times reporter Rong-Gong Lin II about a luxury residential tower that Los Angeles city officials approved and that the L.A. County Metropolitan Transportation Authority says sits atop an earthquake fault line. When Los Angeles officials approved plans for the 39-story tower in Century City, they declared the site suitable for development without a review of earthquake faults. Not long after, the   MTA   examined the area as the site for a subway station.
BUSINESS
July 9, 2012 | By W.J. Hennigan
Los Angeles billionaire Steven Udvar-Hazy opened this year's Farnborough International Airshow in England with a blockbuster order for jets worth $7.2 billion in list-price value from aerospace giant Boeing Co. The chief executive from Air Lease Corp., the aircraft leasing firm in Century City, made a firm order Monday for 75 of Boeing's new, fuel-efficient 737 MAX jets.  Air Lease buys aircraft and rent them to airlines worldwide for...
BUSINESS
December 2, 2013 | By Chad Terhune
Two longtime rivals, Cedars-Sinai Medical Center and UCLA Health System, are teaming up to open a 138-bed rehabilitation hospital in Century City, reflecting both the growing need for this specialty care and the pressure on hospitals to control costs. The unprecedented deal between two of the biggest names in Southern California healthcare is expected to be formally announced Tuesday. The two healthcare giants in West Los Angeles will jointly own the new hospital along with Select Medical Holdings Corp., a Pennsylvania healthcare company that runs rehabilitation facilities across the country.
CALIFORNIA | LOCAL
November 30, 2013 | By Patrick McGreevy
SACRAMENTO - The musical chairs in California's Legislature continues when voters in a Los Angeles-area Assembly district go to the polls Tuesday in a special election to fill a vacant seat. One of the three candidates in the contest - all Democrats - is Sebastian Ridley-Thomas, who is hoping to follow in the footsteps of his father, Mark Ridley-Thomas, who served in the Legislature before being elected to the Los Angeles County Board of Supervisors. The other candidates are former Culver City Mayor Christopher R. Armenta and John Jake, a real estate broker who is president of the Olympic Park Neighborhood Council.
ENTERTAINMENT
October 18, 2013 | By Meg James
Rupert Murdoch isn't going anywhere anytime soon. In what's become an annual ritual, the 82-year-old mogul and chairman of 21st Century Fox appears to have beaten back an effort to remove him from the media giant's board of directors, according to a preliminary count of votes cast at the company's annual meeting held Friday on the Fox lot in Century City. The only attendee at the meeting to speak out in favor of a proposal for an independent chairman to succeed Murdoch was Tim Shaler of Christian Bros.
NEWS
October 11, 2013
RECENT COVERAGE: Century City tower site runs into quake fault questions San Francisco offers lessons to L.A. on quake retrofitting Skyscraper site in Hollywood may sit on active fault, state says
OPINION
September 27, 2013
Re "Tower site may lie on fault," Sept. 25 The instant that the members of the Los Angeles City Council realize they have approved another immense building project on an active earthquake fault - this time in Century City - and don't instantly take action to stop it is the very instant when they abandon all care for residents to serve business interests instead. They have already OKd the colossal Millennium Hollywood project - in the very stretch of old Hollywood where freeway construction in 1947 decimated historic neighborhoods and destroyed our great Red Car line - knowing this is a sure recipe for profound disaster.
CALIFORNIA | LOCAL
September 25, 2013 | Rong-Gong Lin II and Rosanna Xia
When Los Angeles officials approved plans for a 39-story luxury residential tower in Century City, they declared the site suitable for development without a review of underground earthquake faults. Not long after, the Metropolitan Transportation Authority examined the area as the site for a subway station. It was alarmed at what it found: an earthquake fault running below Santa Monica Boulevard. The MTA concluded that the area was too hazardous for the subway station. The agency's research also shows a strand of the Santa Monica fault runs underneath the tower property.
BUSINESS
April 22, 2012 | By Roger Vincent
The Century, a luxury condominium tower in Century City, will soon house a restaurant operated by high-profile Los Angeles chef David Myers. His yet-to-be-named restaurant will be open to the public and also cater private meals and events for residents of the 41-story tower such as Candy Spelling, who owns the top two floors. The ground-floor restaurant will have a separate driveway and entrance from the residences, said Jeff Blau, president of the Related Cos., the developer of the tower on Avenue of the Stars.
BUSINESS
June 17, 2013 | By W.J. Hennigan
A Century City aircraft-leasing company has signed a contract with Airbus to purchase 50 single-aisle passenger jets in a deal worth about $5 billion at list price. International Lease Finance Corp. announced the deal for the A320neo aircraft on Monday at the opening of the Paris Air Show. PHOTOS: 50th International Paris Air Show The air show , which ends Sunday, is one of the largest aerospace showcases and an event at which plane-makers, airlines and military officials from around the world gather to sign billion-dollar deals.
CALIFORNIA | LOCAL
September 25, 2013
Join us at 9 a.m. when we talk with Times reporter Rong-Gong Lin II about a luxury residential tower that Los Angeles city officials approved and that the L.A. County Metropolitan Transportation Authority says sits atop an earthquake fault line. When Los Angeles officials approved plans for the 39-story tower in Century City, they declared the site suitable for development without a review of earthquake faults. Not long after, the   MTA   examined the area as the site for a subway station.
NEWS
September 23, 2013 | By Adam Tschorn
The Gap's limited-edition capsule collection with GQ magazine's 2013 best new menswear designers in America -- including Venice-based Paige Mycoskie of Aviator Nation fame -- is set to hit shelves Tuesday, Sept. 24. The collection, which includes apparel (think oxfords, chambray shirts, utility pants, denim), light outerwear (blazers, vests, parkas and waxed field jackets) and accessories (hats, belts, tweed ties, backpacks and scarves) ranges in price from $30 -- which will get you a graphic wave T-shirt designed by Aviator Nation's Mycoskie -- to $348 (a suede baseball jacket by Bespoken's Sammy and Liam Fayed)
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