October 6, 2009 |
MGM Mirage will slash prices of its high-end CityCenter condos by 30%, the company said Monday, a move intended to mollify buyers who were unsure they could close on units purchased during the Las Vegas real estate boom. The price cuts underscore the reversal of fortunes on the Las Vegas Strip. Just a few years ago, condominiums were being touted as the next stage in its seemingly unstoppable growth. Although the reductions mark a significant reversal by the gaming giant, which took deposits on about half of its 2,400 residential units, it was unclear whether the cuts were deep enough to satisfy some buyers.
January 10, 2010 |
This contemporary condominium on the Venice boardwalk offers up-close ocean views through floor-to-ceiling glass walls and a rooftop deck that overlooks the beach. The newly constructed condo, situated between a hotel and a gift shop, is one of the few single-family residences among the boardwalk's retail establishments. The building's two units can be bought separately or together. "I love the mix of this beach community," says Frank Murphy, a Venice developer who lived in the building when it was a juice bar with apartments above.
September 7, 2012 |
Rock legend Elton John and his civil partner, David Furnish, have sold their two Sierra Towers condos in West Hollywood for $4.65 million. The smaller unit features one bedroom, 11/2 bathrooms and 1,151 square feet of living space. The larger has a den convertible to a bedroom, another bedroom and 11/2 bathrooms in 1,831 square feet. The condos, which have city and ocean views, can be combined. The building has 24-hour security, a doorman, an outdoor pool and a gym. John, 65, has won multiple Grammy Awards.
November 24, 2004 |
San Francisco real estate investment management firm McFarlane Partners said it planned to build $98 million worth of condominiums in Los Angeles County with Irvine home builder Standard Pacific Corp. by 2007. The developers hope to start work in March on the $54-million North Lake Lofts, a six-story building in Pasadena with 106 condos, five live-work units that include office space and 9,200 square feet of shops.
July 23, 1992
As a plaintiff in the homeowners' lawsuit charging that an extension of the Fox Studios condominium plan was illegal, I wish to clarify what some, particularly Councilman Zev Yaroslavsky, have suggested is an "irrelevant dispute." At issue is whether Fox can continue to threaten this community with construction of more than 2,000 high-rise condos if its commercial expansion is rejected. While some may consider it academic and a waste of time, we feel that, aside from its validity, the suit underscores a serious rift between the councilman and his constituents and the degree to which city officials will ignore the needs of the immediate community while claiming to protect them.
May 25, 1986
What Ruth Ryon missed is that "condominium" (a.k.a. condo) is itself a euphemism--a substituted, agreeable or inoffensive expression for one that may offend or suggest something unpleasant--at least so in the view of comedian Robin Williams, who points out that condominium is not a noun, after all, but rather an active verb meaning "to charge more for something than what it's worth." BILL HALE Marina del Rey