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January 22, 2012 | By Roger Vincent
A Pennsylvania developer spent $85 million on a Beverly Hills apartment complex it plans to turn into a luxurious extended-stay hotel. Korman Communities bought the Crescent Beverly Hills apartments from C-III Capital Asset Management. The upscale apartments at 155 N. Crescent Drive were completed in 2006. When the property reopens this summer, it will be called AKA Beverly Hills. Rent for the AKA's 88 suites will start at about $400 a night and guests must agree to stay a minimum of 30 days, Korman said.
December 20, 2013 | By Tiffany Hsu
Bets on the top-performing retailer this holiday don't favor the storied haute couture companies - not Chanel with its $4,500 handbags, nor Neiman Marcus and its $150,000 bespoke falconry set. Instead, it's Michael Kors Holdings - an American sportswear brand from a sassy former "Project Runway" judge - that's roundly predicted to crush Christmas. The company is what's known as a bridge brand, operating on the low end of luxury. Its handbags generally cost less than $500. But the sector's mix of just-high-enough prices and accessible-yet-glamorous design makes brands such as Kors, Kate Spade and Tory Burch like catnip for consumers who are sick of curbing their spending but still wary of an uncertain economy.
April 2, 2014 | By Andrew Khouri
Arizona home builder Taylor Morrison Home Corp. has agreed to purchase a swath of coastal Orange County land, kick starting a long-stalled development that fell victim to the recession. The builder, in a deal announced late Tuesday, said it would buy nearly 200 acres in San Clemente and start construction next year. The 308-home Marblehead development has been in the works for decades. It faced stiff opposition from environmental groups, which sought to save one of the last open spaces along the Southern California coast.
July 16, 2012 | By Ben Fritz
At this year's Comic-Con International, Warner Bros.  set up a VIP-only tent so packed with luxury that some of those allowed in said it reminded them more of the Cannes Film Festival than the annual gathering of geek fans. There was little indication outside that there was anything special about the white tent that sprouted up for the first time this year. Located in between the San Diego Convention Center's Hall H, where the most popular panels for movies and TV shows are held, and the "Extra" stage where Warner touted many of its TV shows in an outdoor setting, it was surrounded by shrubbery.
November 18, 2009 | Times Wire Reports
Luxury retail chain Saks Inc. reported an unexpected fiscal third-quarter profit, its first in more than a year, after it reduced inventories and expenses to counter a sales drop. Net income was $1.93 million, or 1 cent a share, in the quarter ended Oct. 31, compared with a loss of $43.7 million, or 32 cents, a year earlier, New York-based Saks said. Revenue declined 8.5% to $631.4 million. Sales at stores open at least a year fell 10%. Revenue has dropped as consumers crimped luxury spending amid job losses and lower home values.
September 29, 1985
Luxury is fun! I do hope you will feature more and more homes of elegant opulence, of drop-dead decor. I much prefer to peek through the windows of a simply marvelous mansion than a boring, bourgeois bungalow. (Actually, the former provides many more decorating tips I can endeavor to emulate. I know for a fact that real people abide therein and thoroughly enjoy them.) Not all of us dine in our BVDs. Eunice Blauk Beverly Hills
September 12, 1992
I would like to respond to the article Aug. 21 ("Gallegly Tries to Save Oil Museum") regarding the closing of the Unocal Museum in Santa Paula. It is unbelievable that Rep. Gallegly regards a mere building to be more important than the loss of jobs. Unocal for the last year has been terminating employees by the hundreds under the guise of having to pay down the debt that they incurred beginning with the proxy fight with T. Boone Pickens in the mid-1980s. As stated in the article, Unocal spent at least $2.5 million on refurbishing the building for its 1990 centennial celebration.
When a chic new restaurant recently opened here, it seemed natural that the East Hampton Star, a venerable weekly that has covered this resort town since 1885, would review it. But even the restaurant critic couldn't get into Maya's, a pricey newcomer with a branch in St. Bart's and a celebrity A-list that seemed to materialize overnight. "I wasn't able to get a table for two weeks," said food writer Sheridan Sansegundo, "and that shows you how much the Hamptons have changed.
October 20, 2012 | By Lisa Boone
THR Design Hollywood at the Century is the somewhat cryptic name for a simple concept: a rare look inside an exclusive, multimillion-dollar property. The design show house, opening Friday, will be staged in the same building where two years ago Candy Spelling paid $35 million for the top two floors. Plunk down $40 for a ticket and you can pass through the security gates of the 42-story, 4-acre luxury tower built by Robert A.M. Stern Architects, toss the valet your keys and ride a private elevator to the 20th floor.
December 13, 2012 | By Mike DiGiovanna
The Angels are in the process of converting their press box to a luxury seating area that will feature upgraded dining opportunities and amenities for about 80 fans, a move that will push writers covering the team to a new press box down the right-field line in Angel Stadium. There will be no changes to the radio and television broadcast booths, which will remain on the club level behind home plate, or in the Diamond Club restaurant and seating areas on the lower level behind home plate.
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