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NEWS
June 4, 1987
The City Council authorized condominium conversions for the first time since an ordinance restricting such conversion was adopted in 1983. The action, approving the conversion of 13 rental units to condominiums, came as the council unanimously adopted the results of a rental survey showing a 4.1% vacancy rate in April. The city ordinance prohibits condominium conversion when the rental vacancy rate is below 4%.
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BUSINESS
September 27, 2013 | By Stuart Pfeifer
With the city of Los Angeles cracking down on many forms of outdoor advertising, Chase Bank has found a creative way to promote its brand - at the top of a downtown condominium tower. It's common for commercial tenants to put their names on office high-rises, but it's uncharted territory for a residential building, at least in Los Angeles, real estate experts said. "Here in Southern California, I can't think of any residential units that have building-top signage," said Tim Miller, a Jones Lang LaSalle broker who has negotiated several such deals at downtown office buildings.
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BUSINESS
October 1, 2012 | By Lauren Beale, Los Angeles Times
Actor Wentworth Miller has made a break in Hancock Park, selling his condominium there for $1.275 million. In a French Normandy-style building constructed in 1926, the unit includes three bedrooms, two bathrooms and a fireplace in 1,638 square feet. The remodeled condo features golf course views, walnut floors, custom built-ins in the dining room and a turret. The building has 24-hour security and valet parking. Miller, 40, starred in "Prison Break" from 2005-09 and in the 2010 film "Resident Evil: Afterlife.
BUSINESS
April 18, 2013 | By Alejandro Lazo
You know Los Angeles has become a tough real estate market when it's hard for even Jon Gray to find a bargain. “It's become harder, because the pricing has moved up,” said Gray, the global head of real estate for private equity firm Blackstone Group. “L.A. is probably the toughest market.” As chief of one of the world's largest real estate investment funds, with $60 billion in assets, Gray is the walking embodiment of the term “smart money.” To put it succinctly, he is “the man with the bank account,” which was how Mayor Antonio Villaraigosa introduced him Thursday at a chummy ceremony in downtown's Arts District.
CALIFORNIA | LOCAL
February 14, 1985 | KRISTINA LINDGREN \f7
Orange County sheriff's deputies were seeking three men Wednesday in connection with an armed robbery at a Laguna Hills condominium complex. Lt. Dick Olson said three men surprised Michael Richard Webster, a 31-year-old construction foreman, and his brother, Steven, as they walked downstairs to leave their Sage Hill condominium shortly after 7 p.m. Tuesday.
NEWS
October 30, 1986 | DENISE HAMILTON, Times Staff Writer
Despite the heated objections of about 50 residents, the Los Angeles City Council's Planning and Environment Committee on Tuesday voted in favor of a zone change that would allow construction of 22 condominium units on a pristine hillside in Highland Park. But the committee ordered developer Michael Simms of Highland Park to widen Avenue 66, the street that residents will use to gain access to the property.
CALIFORNIA | LOCAL
May 16, 1997 | KEN WOO and THAO HUA, TIMES STAFF WRITERS
From her children's bedroom window, Julie Wisniewski can see the two-bedroom condominium where James Crummel lives. "I put all the blinds down now, because I'm afraid," said Wisniewski, who has two daughters, ages 4 and 15. "The kids can't go out and play like they used to. . . . They're prisoners in their own home."
NEWS
February 26, 2008
Puerto Penasco: A caption with a Feb. 24 Travel article on Puerto Penasco, Mexico, said the photo showed an indoor pool at Las Palomas condominium complex.The pool is part of the Mayan Palace condominium complex.
CALIFORNIA | LOCAL
February 15, 1985 | JULIO MORAN, Times Staff Writer
On his 17th birthday, Kevin Earl Hindmarsh was found guilty Thursday on two counts each of murder and sodomy with a foreign object in the slayings of two Palos Verdes Peninsula girls last May. The Rancho Palos Verdes teen-ager, who was tried as an adult, faces 72 years to life in state prison. Torrance Superior Court Judge Cecil J. Mills set sentencing for March 14. The seven-woman, five-man jury deliberated for three days. Hindmarsh did not take the stand during the five-day trial.
BUSINESS
April 18, 2013 | By Alejandro Lazo
You know Los Angeles has become a tough real estate market when it's hard for even Jon Gray to find a bargain. “It's become harder, because the pricing has moved up,” said Gray, the global head of real estate for private equity firm Blackstone Group. “L.A. is probably the toughest market.” As chief of one of the world's largest real estate investment funds, with $60 billion in assets, Gray is the walking embodiment of the term “smart money.” To put it succinctly, he is “the man with the bank account,” which was how Mayor Antonio Villaraigosa introduced him Thursday at a chummy ceremony in downtown's Arts District.
CALIFORNIA | LOCAL
March 30, 2013 | By Ari Bloomekatz
A man who allegedly crashed a Bentley belonging to Lakers player Jordan Hill early Saturday morning was arrested on suspicion of drunk driving at Hill's condominium complex, authorities said. Michael Lacey, 26, allegedly ran the car into the condo complex at 13900 Marquesas Way in Marina del Rey shortly before 2 a.m., according to the California Highway Patrol. Police found the wrecked vehicle unattended and located Lacey inside Hill's condominium. The Laker was home at the time.
BUSINESS
March 1, 2013 | By Mary Umberger
Matthew Gordon Lasner is the official biographer of the condominium. (Well, as official as these things get, anyway.) Several years ago, the assistant professor of urban affairs and planning at Hunter College in New York became curious about how condo ownership of apartments, town houses and their legal cousins, co-ops, became ubiquitous in this country in so short a time. "Like everybody else, I just presumed they began in the 1960s and grew from there," Lasner said. But he started digging through legal documents, news reports and historical records, tracing the birth of the "owner-occupied apartment" to a building (alas, long since demolished)
CALIFORNIA | LOCAL
December 1, 2012 | By Andrew Blankstein, Jack Leonard and Andrew Khouri, Los Angeles Times
From the beginning, the death of professional tennis umpire Lois Goodman's husband was beset by contradictions. When Alan Goodman, 80, was found dead in April at the couple's Woodland Hills condominium, paramedics noticed a suspicious cut to the side of his head. But Los Angeles police initially agreed with Lois Goodman's account that her ailing husband had fallen down a flight of stairs. Days later, a coroner's investigator found that the injuries were consistent with being struck by a sharp object.
BUSINESS
October 1, 2012 | By Lauren Beale, Los Angeles Times
Actor Wentworth Miller has made a break in Hancock Park, selling his condominium there for $1.275 million. In a French Normandy-style building constructed in 1926, the unit includes three bedrooms, two bathrooms and a fireplace in 1,638 square feet. The remodeled condo features golf course views, walnut floors, custom built-ins in the dining room and a turret. The building has 24-hour security and valet parking. Miller, 40, starred in "Prison Break" from 2005-09 and in the 2010 film "Resident Evil: Afterlife.
BUSINESS
September 10, 2012 | By Roger Vincent, Los Angeles Times
More than half the units in downtown L.A.'s most prominent residential tower are finally sold as the region's long-suffering condominium market turns around, industry observers said. Foreign investors and wealthy Southern California residents in search of a pied-a-terre have helped drive sales over the halfway mark at the Ritz-Carlton Residences at L.A. Live, developer AEG said. The condos were planned during the housing boom of the mid-2000s, when AEG decided to crown its $2.5-billion L.A. Live entertainment, restaurant, office and hotel complex with 224 condos that would be serviced by the Ritz-Carlton hotel.
BUSINESS
August 8, 2012 | By Lauren Beale, Los Angeles Times
PGA champion Tiger Woods has sold his condominium in Corona del Mar for $2,213,875. The town-house-style unit features an open-plan living room on the second story to take advantage of views of Santa Catalina Island. Features include high ceilings, a balcony, three bedrooms, a loft, three bathrooms and 2,000 square feet of living space. Woods, 36, once the holder of top spot in the world of golf, ranked second after a third-place finish in late July at the Open Championship. Public records show he bought the property in 2004 for $3 million.
CALIFORNIA | LOCAL
May 9, 1986
A 41-year-old Pacific Beach man died of smoke inhalation after neighbors dragged him from a burning condominium early Thursday, coroner's deputies reported. Terry Lee Rehan was pulled from his ground-floor condominium in the 2100 block of Reed Street about 4:30 a.m. and was pronounced dead at Mission Bay Hospital about 5:20 a.m., coroner's deputies said. San Diego fire officials said smoldering smoking materials started the fire that killed Rehan and caused an estimated $100,000 damage.
BUSINESS
August 6, 2012 | By Lauren Beale, Los Angeles Times
The Venice compound of the late actor, photographer and artist Dennis Hopper has sold for $5 million. The property includes an industrial-inspired main house of about 5,000 square feet, a pool house, a guest cottage and three two-story condominiums for a total of seven bedrooms, nine bathrooms and 9,595 square feet of living space. The main house, with a corrugated metal exterior, was designed by Brian Murphy; the condominiums by Frank Gehry. Hopper, who died in 2010 at 74, starred in and directed "Easy Rider" (1969)
BUSINESS
October 11, 2011 | By Lauren Beale
The Beverly Hills home of the late Bernie West , a writer and producer on the 1970s and '80s television shows "All in the Family," "The Jeffersons" and "Three's Company," is on the market at $3.15 million. The contemporary condominium, built in 1993, features direct elevator access, 11-foot ceilings, a dining terrace, a library/den, four bedrooms and 3 1/2 bathrooms. Its 5,066 square feet of living space are on one level. West, who died last year at 92, shared a writing Emmy in 1973 for the groundbreaking sitcom "All in the Family.
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