October 26, 1986 |
Marina City Club developers plan to offer 81-year leases on 600 luxury high-rise apartments that will cost residents anywhere from $85,000 for a single unit to $725,000 for a four-bedroom penthouse. Residents, who strongly oppose the conversion, filed suit last week in Los Angeles Superior Court claiming the plan would turn the public's marina into "a playground for the rich."
November 23, 1986
Brink's bank robbery is small-time compared to the holdup of Los Angeles County being perpetuated by the Board of Supervisors in giving away another 41-year-lease extension to Marina del Rey Properties Ltd. (Marina City Club). A lease to year 2028 is not enough for Marina del Rey Properties Ltd. The county supervisors want to rule from the grave and grant Marina del Rey Properties a further lease extension to year 2067. Call the FBI! Call the police! Catch the robbers before they loot Los Angeles County of all citizens' rights.
CALIFORNIA | LOCAL
December 10, 1987 |
Over the objections of its staff, the state Coastal Commission unanimously approved Wednesday the construction of a $45-million luxury hotel touted by Los Angeles County as the architectural centerpiece of its 800-acre Marina del Rey development. The commission, despite concerns that the project could limit access to the marina's only public beach, granted a development permit to Ritz-Carlton Hotel Co. for a 308-room, 14-story project at the northern end of the marina's main channel.
February 1, 1987 |
About 100 Marina City Club tenants have agreed to buy 81-year leases on apartments in the club's 600-unit complex, and the remaining leases will be offered to the public starting this weekend, according to developer Jerome H. Snyder. Under a controversial plan approved in October by the county Board of Supervisors, the J. H. Snyder Co.
December 11, 1986 |
The county and its controversial plan to sell long-term leases on 600 apartments at Marina City Club have won a major victory in Los Angeles Superior Court. Judge Warren Deering on Tuesday ruled that the county "in all respects" complied with legal requirements for providing proper notice and fair opportunity for public comment. He also ruled that the Board of Supervisors "acted upon substantial evidence" in approving the plan Oct. 7. Marina del Rey Residents Assn., in a lawsuit filed Oct.
November 16, 1986
Marina del Rey Properties Ltd., the development company that holds the master lease for Marina City Club, has been allowed to join the county in the legal defense of their controversial plan to sell 81-year leases on 600 apartments in the club's high-rise towers. In a hearing in Los Angeles Superior Court, Judge Warren Deering allowed the action, according to Bruce R. Lederman of Latham & Watkins, the Los Angeles law firm representing the developer. The Marina City Club Residents Assn.
August 1, 1991
Los Angeles County supervisors have agreed to open negotiations to reduce the rent on the exclusive Marina City Club in Marina del Rey after being told the developer has suffered significant losses and may close the facility. Like all businesses in the publicly owned marina, the Marina City Club operates on a long-term lease with the county.
April 13, 1992 |
For Ted Reed, being the top county official in Marina del Rey has meant more than just a waterfront office with a sweeping view and a $125,844-a-year salary. It also has provided him with free lodging in posh hotels, expensive meals and membership in yacht and athletic clubs. Those benefits come from the same marina interests that Reed is paid to oversee.
September 7, 1986 |
The county Small Craft Harbor Commission has unanimously recommended allowing the conversion of 600 apartments at the Marina City Club from short-term rentals to long-term, prepaid leases--in effect, condominiums. The Board of Supervisors is expected to consider the proposal in October, said Eric Bourdon, assistant director of the county's Department of Beaches and Harbors. It would be the first long-term lease arrangement for individuals at Marina del Rey.