CALIFORNIA | LOCAL
April 3, 2012 | By Jack Dolan and Ben Fritz, Los Angeles Times
When prominent Los Angeles real estate executive Jordan Kaplan bought a Pacific Palisades mansion in 2010, he got seven bedrooms, 12 bathrooms and what a marketing website called acres of "park-like grounds. " What he did not get was the usual downside of such a purchase: a sky-high property tax bill. That's because, nearly two years later, Los Angeles County Assessor John Noguez has not taken the typically routine step of replacing the previous assessed value of the property, $11.5 million, with the new $21.5-million sale price.
CALIFORNIA | LOCAL
April 1, 2012 | By Sam Quinones, Los Angeles Times
Mindy Newman was enjoying a peaceful night at home Saturday in Holmby Hills, reading a biography of the late Apple Inc. co-founder Steve Jobs. Then at 10:30 p.m., the kids began arriving on her street "like a swarm of bees," she said. "They were coming in cars. They were coming in cabs. " Beverly Hills police had shut down a party nearby, and it was now migrating and growing by the minute — news spreading via social media and smartphones — to the apparently unoccupied Holmby Avenue house next to Newman's.
BUSINESS
March 4, 2012
A castle in the sand at Laguna Beach Location: 770 Hillcrest Drive, Laguna Beach 92651 Size: Twelve units (plus four nonconforming units) from studio to three-bedroom penthouse. Main building, 15,000 square feet; accessory building, 3,300 square feet Published on: Nov. 21, 2010 Listed then at: $11.4 million Listed now at: $8.75 million Price reduced: 23% An artist's tranquil retreat in the Palisades Location: 1535 Umeo Road, Pacific Palisades 90272 Size: Main house, five bedrooms, six bathrooms, two half-baths, 6,627 square feet; guest apartment, one bedroom, one bathroom, about 650 square feet Published on: March 27 Listed then at: $10.9 million Relisted at: $9.45 million Price reduced: 13% —Lauren Beale
SPORTS
February 13, 2012 | Bill Dwyre
There are residuals for Los Angeles from the high-interest day professional golf had Sunday at Pebble Beach. We got next. This week's stop on the traveling road show also known as the PGA Tour is a venerable, historic torture chamber known as Riviera Country Club. The annual tournament stop at Riviera for what has always been, essentially, the L.A. Open, has been called a lot of things over its long run, including near-death. But now, in the last few years, a new sponsor and an old basketball player have revived it. That has meant that players who used to duck it now want to be here and Riviera, always worthy, has regained its rightful spot as one of golf's places to revere.
BUSINESS
February 7, 2012 | By Lauren Beale, Los Angeles Times
A gated home in the Pacific Palisades/Brentwood area built for Nobel Prize-winning writer Thomas Mann is available for lease at $15,500 a month. Constructed in 1939, the 5,266-square-foot house on an acre of property has been updated to enhance the indoor-outdoor traffic flow. Features include a family room/game room with a bar, walls of glass, a study with built-in shelves, five bedrooms and five bathrooms. A cabana stands beside the swimming pool. Mann, who died in 1955 at 80 in Zurich, wrote novels, short stories and essays.
BUSINESS
January 17, 2012 | By Lauren Beale, Los Angeles Times
Novelist Karl Taro Greenfeld is putting his Pacific Palisades home up for lease at $6,500 a month. The Cape Cod-inspired single-story house, built in 1948, contains three bedrooms, two bathrooms and 2,000 square feet of living space. The gated writer's retreat and family home includes a swimming pool. Greenfield is moving back to his loft in Tribeca, which is where his upcoming novel, "Triburbia," is set. His previous book, "Boy Alone," is a memoir about growing up in Pacific Palisades with his autistic brother.