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CALIFORNIA | LOCAL
March 9, 1999 | DAN WEIKEL, TIMES STAFF WRITER
After months of coaxing his aging mother, John Fentis finally persuaded her to sell the California Hotel, a rundown property in San Pedro that she had inherited from her husband in 1992. A Community of Friends, a nonprofit organization that provides housing for mentally ill adults, wanted to buy the hotel for $382,500 and renovate it with federal funds. Financing was arranged and escrow opened in July 1994. Then Los Angeles City Councilman Rudy Svorinich Jr. stepped in.
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BUSINESS
February 27, 1999 | JESUS SANCHEZ, TIMES STAFF WRITER
The landmark Century Plaza Hotel & Tower in Los Angeles has been purchased by a Phoenix-based investment group from Japanese sellers in a deal valued at $260 million, representing one of Southern California's most costly hotel sales. The hotel was one of the best-known trophy properties in California acquired by Japanese buyers during a 1980s investment spree. Many of those investments proved to be disasters, although it is unclear whether the current sale is at a loss.
CALIFORNIA | LOCAL
February 7, 1999 | SCOTT GLOVER, TIMES STAFF WRITER
A 22-year-old Saugus man was shot to death early Saturday at a motel after he was apparently mistaken for a gang member during a gang-related attack, Los Angeles police said. Brandon Richard Jaramillo was shot once in the upper torso during the attack at the Good Nite Inn in the 12800 block of Encinitas Avenue, police said. He died at the motel. Another man, who was also shot in the upper body, was in stable condition at an area hospital, said Det. Frank Bishop of the LAPD's Foothill Division.
NEWS
November 30, 1998 | MELINDA FULMER, TIMES STAFF WRITER
One might think that Douglas Goodan and Jean Barclay, the owners of the land under the posh Wyndham Checkers Hotel, would have reaped a fortune from the property, given the inn's pricey rates and prime location in the financial district of downtown Los Angeles. But the brother and sister, who own this one piece of commercial property, are receiving just $2,000 a month from the hotel's operators--the same amount their grandfather got for the property back in 1926.
CALIFORNIA | LOCAL
November 25, 1998
The Holiday Inn, scheduled for a major renovation in the TrizecHahn development, became the first major Los Angeles hotel in 13 years to be organized by a union, officials said Tuesday. Workers voted overwhelmingly to be represented by Local 11 of the Hotel Employees and Restaurant Employees Union. the local represents 14 other Los Angeles hotels, but had not successfully organized a hotel staff since 1985.
BUSINESS
September 1, 1998 | STEPHEN GREGORY, SPECIAL TO THE TIMES
The average cost of a hotel room in Greater Los Angeles jumped nearly 10% during the first half of the year even as occupancy rates hit a plateau, the Los Angeles Convention & Visitors Bureau reported Monday. Occupancy ticked up only a modest 0.8% while the average room rate climbed to $108.41 a night, about $9.44 more per room than compared with the first six months of 1997, the report indicated.
BUSINESS
August 14, 1998 | BRAD BERTON, SPECIAL TO THE TIMES
A veteran real estate developer said Thursday that he will build a $200-million hotel and retail complex covering nearly two blocks along the Sunset Strip in West Hollywood's fashionable Sunset Plaza district. Sunset Millennium would feature 400 hotel rooms and 200,000 square feet of retail space, including a cinema complex and parking for 1,500 vehicles, said Mark Siffin, principal of Indianapolis-based Maefield Development Corp.
CALIFORNIA | LOCAL
July 26, 1998 | Cecilia Rasmussen
The once-stylish Hollywood Knickerbocker Hotel, overshadowed for years by its more fabled sibling, the restored Hollywood Roosevelt, is on the rise again. Dark for decades, the vintage neon sign atop the landmark building will soon bring back a glow to the area made famous by the writings of Raymond Chandler and the doings of its glamorous residents.
CALIFORNIA | LOCAL
June 23, 1998 | CLAIRE VITUCCI, TIMES STAFF WRITER
A hotel that sued the parents of 16 Taft High School students after the teenagers allegedly vandalized rooms and disrupted guests following a homecoming dance was awarded $375 in Small Claims Court on Monday, far less than the hotel asked for. Airtel Plaza Hotel sought $3,327 in damages, mostly to cover the cost of reimbursing about 30 guests whose bills were canceled to mollify them when they complained about the disturbance.
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