July 3, 2007 |
A luxury condominium tower under construction on Wilshire Boulevard's "Golden Mile" in Los Angeles has been acquired by a New York developer for $140 million. Elad Group, which is restoring the landmark Plaza Hotel in New York and converting it to a residential and hotel property, purchased both the land at 10776 Wilshire Blvd., near Westwood, and the tower's design, said Michael Rosenfeld, co-chief executive of Wilshire Carlyle Partners, the Los Angeles-based seller.
July 20, 2007 |
Celine Dion is leaving Las Vegas, but her legacy may long reign over the Strip -- in the form of a $1-billion expansion and renovation of Caesars Palace, including a 665-room tower, a "palatial" new casino entrance and three swimming pools.
June 3, 2008 |
The Century Plaza Hotel, a 1960s-era landmark in Century City that has played host to several U.S. presidents, has been sold for $366.5 million. Next Century Associates, led by Los Angeles real estate investor Michael Rosenfeld, announced Monday that it bought the 726-room hotel on Avenue of the Stars from Sunstone Hotel Investors Inc., a real estate investment trust in San Clemente.
August 11, 2010 |
After backing down from a contentious proposal to demolish the Hyatt Regency Century Plaza hotel, the owner has unveiled plans to construct a high-rise real estate development next to the Space Age landmark that would transform the tenor of Century City's streets and dramatically alter the skyline. The $1.5-billion proposal calls for two 46-story skyscrapers holding hundreds of condominiums and offices to be built behind the renowned hotel on Avenue of the Stars. Nearly half of the guest rooms would be replaced by luxury condos as part of a top-to-bottom makeover.
October 9, 2010 |
Arab League members decided Friday to give the Obama administration one more month to get faltering Mideast peace talks back on track, but they also said they support a Palestinian threat to quit direct talks unless Israel reverses itself on resuming West Bank settlement construction. The Arab League decision, announced at a meeting in Libya, gives U.S. negotiators more time to resolve the current standoff and solicit support for their proposal to renew Israel's partial construction moratorium, which expired Sept.
February 14, 2013 |
JERUSALEM - The full story may never be known of why a baby-faced Australian Israeli attorney came under suspicion of working for the Mossad spy agency and then died alone in an Israeli jail cell charged with betraying the country he had adopted. But as the political drama over Ben Zygier's 2010 arrest and death swept through Israel on Thursday, it left virtually no institution unscathed. Mossad was scrambling to contain possible damage to its operations in Iran and other places where Zygier is believed to have traveled using his Australian passport.