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BUSINESS
January 13, 2013 | By Roger Vincent
A 1970s Burbank apartment building with an expansive penthouse intended to be occupied by the owner has been purchased by Champion Real Estate Co. for $15.6 million. The 62-unit complex at 600 E. Olive St. is mostly made up of two-bedroom, two-bath apartments but it also has an 8,000-square-foot penthouse with a rooftop deck and private swimming pool, according to real estate broker Tyler Stevens of Lee & Associates. “It reflects an era gone by when builders constructed apartment buildings with an owner unit, and this particular owner unit was highly unusual,” Stevens said.
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NEWS
January 15, 2014 | By Jay Jones
Living in luxury right on Waikiki Beach can be yours for less than you might expect. How does $799 a night sound for a penthouse with unobstructed views of the Pacific Ocean? The newly remodeled Royal Kai Lani Suite at the Aston Waikiki Beachside Hotel on Oahu can accommodate up to six people. Its 2,900 square feet contain three bedrooms and 4 1/2 baths. The suite occupies the 11thfloor of the hotel and includes an expansive master suite that features two bathrooms with Jacuzzi tubs and separate showers.
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BUSINESS
March 11, 2013 | By Lauren Beale
Actor Larry Hagman's top-floor penthouse in Santa Monica has sold for $5 million. It was listed at the beginning of the year at $5.2 million. The two-bedroom, three-bathroom pied-a-terre is in a 10-story building constructed in 1963 and includes 3,029 square feet of living space. The contemporary-style condo has three parking spaces and views of the ocean. Amenities include 24-hour security, a swimming pool and a gym. Hagman, who died last year at 81, entertained generations of television viewers on "I Dream of Jeannie" (1965-70)
BUSINESS
September 17, 2013 | By Stuart Pfeifer
Sometimes sex doesn't sell. The California company that owns Penthouse magazine and a host of online dating and adult websites filed for bankruptcy protection Tuesday. The move by Penthouse owner FriendFinder Networks Inc. comes as many in the adult entertainment industry struggle because of an increase in free online options. In a news release, the Sunnyvale company said bankruptcy was “the most efficient and cost effective way for the company … to continue to operate our business.
BUSINESS
April 12, 2013 | By Lauren Beale
“Grey's Anatomy” producer Linda Klein has become a first-time homeowner with the purchase of Marina del Rey penthouse for $1.35 million. The three-bedroom, three-bathroom unit has 3,200 square feet of living space and three parking spots. There are views of the marina, the Palos Verdes Peninsula, Malibu and Santa Catalina Island through the floor-to-ceiling windows. The two-story remodeled unit features an open floor plan, limestone flooring, a fireplace, a circular staircase, balcony space, a kitchen island and a 170-bottle temperature-controlled wine cellar.
BUSINESS
July 15, 2010 | By Michael Oneal
FriendFinder Networks Inc., the owner of the Penthouse adult entertainment franchise, announced Thursday that it has made a proposal to acquire rival Playboy Enterprises Inc. for $210 million. The move counters a bid this week from Hugh Hefner, who founded Playboy in 1953, to take the company private in a deal that would value it at $185 million. FriendFinder Networks — which also owns dating websites, many of them adult-themed — faces a difficult battle. Hefner owns 69.5% of Playboy's Class A and 27.7% of its Class B common stock.
BUSINESS
April 24, 2012 | By Lauren Beale, Los Angeles Times
Justin Lin, who directed the "Fast and the Furious" films, has bought actor-director-producer Vincent Gallo's penthouse in downtown L.A. for $2.6 million. The four-level loft features exposed brick walls, floating staircases and an in-unit elevator. There are two bedrooms and 21/2 bathrooms in the 4,300-square-foot open plan space. Three outdoor living areas add 3,100 square feet of space. The penthouse in the former National Biscuit Co. building was once leased to actor Nicolas Cage.
BUSINESS
February 2, 2012 | By Lauren Beale, Los Angeles Times
Actor-director-producer Vincent Gallo has listed his penthouse in downtown L.A. for sale at $2.599 million. Once leased to actor Nicolas Cage, the four-level loft has an open floor plan, exposed brick walls, floating-style staircases, inch-thick maple floors and an in-unit elevator. There are two bedrooms and 21/2 bathrooms in the 4,300-square-foot space. Three outdoor and rooftop living areas, including a movie theater, have city views and add 3,100 square feet of space.
REAL ESTATE
February 4, 1990 | RUTH RYON, TIMES STAFF WRITER
MILTON BERLE'S longtime Beverly Hills home is in escrow, and the 81-year-old comedian is negotiating to lease a Wilshire Boulevard penthouse at $12,000 a month. He's selling his house of 19 years for slightly more than $3 million in cash to Mark and Laurie Cohen, owners of Crestview Financial, a mortgage company. Escrow is expected to close in mid-March. Berle was asking $3.65 million for the property. He put it on the market at $4.39 million last October. His wife, Ruth, died last April.
BUSINESS
December 9, 2010 | By Roger Vincent, Los Angeles Times
Candy Spelling's long-pending purchase of a two-story penthouse condominium in Century City closed Wednesday at a reduced price that still made it one of the most expensive deals ever for a Los Angeles condo. The widow of TV mogul Aaron Spelling paid $35 million ? or $2,250 per square foot ? for the top two floors of the Century, a 41-story condo building completed in July on Avenue of the Stars. Spelling expects to spend about a year completing the interior of her new home before moving in, her representative said.
BUSINESS
July 12, 2013 | By Lauren Beale
The "other" penthouse at the Century, a 42-story, star-studded tower where celebrity buyers include Candy Spelling, has come on the market in Century City at $15.5 million. The furnished penthouse features a great room with a fireplace, a formal dining room, an eat-in kitchen, three bedrooms, four full bathrooms and a powder room in 5,665 square feet of interior living space. There are terraces off the great room and kitchen that offer an additional 746 square feet of outdoor space, plus there are 200 square feet or so in the elevator vestibule.
CALIFORNIA | LOCAL
May 19, 2013 | Nita Lelyveld
They keep saying that Hollywood is being transformed. They keep talking up new places to dwell and shop and dine. On the boulevard, such change can seem spotty and slight: Tourists still look nonplused as they try to sync image and reality. Stores along the Walk of Fame still skew toward glass water pipes, thigh-high vinyl boots and "World's Greatest Cousin" souvenir statuettes. Just west of Vine, you still find the sign advertising girls: "Totally Nude, Totally Naakt, Totalement Nue, Benar-Benar Bugil.
BUSINESS
April 12, 2013 | By Lauren Beale
“Grey's Anatomy” producer Linda Klein has become a first-time homeowner with the purchase of Marina del Rey penthouse for $1.35 million. The three-bedroom, three-bathroom unit has 3,200 square feet of living space and three parking spots. There are views of the marina, the Palos Verdes Peninsula, Malibu and Santa Catalina Island through the floor-to-ceiling windows. The two-story remodeled unit features an open floor plan, limestone flooring, a fireplace, a circular staircase, balcony space, a kitchen island and a 170-bottle temperature-controlled wine cellar.
BUSINESS
March 11, 2013 | By Lauren Beale
Actor Larry Hagman's top-floor penthouse in Santa Monica has sold for $5 million. It was listed at the beginning of the year at $5.2 million. The two-bedroom, three-bathroom pied-a-terre is in a 10-story building constructed in 1963 and includes 3,029 square feet of living space. The contemporary-style condo has three parking spaces and views of the ocean. Amenities include 24-hour security, a swimming pool and a gym. Hagman, who died last year at 81, entertained generations of television viewers on "I Dream of Jeannie" (1965-70)
BUSINESS
January 15, 2013 | By Lauren Beale, Los Angeles Times
Actor Larry Hagman 's penthouse in Santa Monica is on the market at $5.2 million. The two-bedroom, three-bathroom unit is in a building constructed in 1963 and includes 3,029 square feet of living space. The contemporary-style condo has views of the ocean and three parking spaces. Amenities include 24-hour security, a swimming pool and a gym. Hagman, who died last year at 81, entertained generations of television viewers on "I Dream of Jeannie" (1965-70) and "Dallas" (1978-91)
BUSINESS
January 13, 2013 | By Roger Vincent
A 1970s Burbank apartment building with an expansive penthouse intended to be occupied by the owner has been purchased by Champion Real Estate Co. for $15.6 million. The 62-unit complex at 600 E. Olive St. is mostly made up of two-bedroom, two-bath apartments but it also has an 8,000-square-foot penthouse with a rooftop deck and private swimming pool, according to real estate broker Tyler Stevens of Lee & Associates. “It reflects an era gone by when builders constructed apartment buildings with an owner unit, and this particular owner unit was highly unusual,” Stevens said.
NEWS
February 6, 1990 | From Times Staff and Wire Service Reports
Debra Murphree, the former prostitute whose liaison with preacher Jimmy Swaggart rocked an evangelical empire, has signed away three-quarters of the $210,000 that Penthouse paid for her story. Murphree will receive about $54,000 for the article published in July, 1988, said Louis H. Schultz, her attorney. Agents, attorneys and the Internal Revenue Service will get the rest. "She's happy. I talked with her on the telephone," Schultz said Monday.
BUSINESS
January 15, 2013 | By Lauren Beale, Los Angeles Times
Actor Larry Hagman 's penthouse in Santa Monica is on the market at $5.2 million. The two-bedroom, three-bathroom unit is in a building constructed in 1963 and includes 3,029 square feet of living space. The contemporary-style condo has views of the ocean and three parking spaces. Amenities include 24-hour security, a swimming pool and a gym. Hagman, who died last year at 81, entertained generations of television viewers on "I Dream of Jeannie" (1965-70) and "Dallas" (1978-91)
NEWS
June 4, 2012 | By Mary Forgione, Los Angeles Times Daily Travel & Deal blogger
Camping is supposed to involve tents, sleeping bags and lots of dirt, but not so at one Manhattan luxury hotel . For the second year, AKA Central Park [(888) 381-4488] offers what it calls a "five-star camping experience" on the wraparound terrace of its 17th-floor penthouse suite at 42 W. 58th St. This uber-urbanized campout comes with a queen-sized bed, vodka cocktails, gourmet s'mores at midnight, flashlight and camping lantern (how quaint!), a telescope for stargazing and a Nook e-reader loaded with campfire stories.
BUSINESS
May 25, 2012 | By Lauren Beale, Los Angeles Times
Grammy-winning singer Chris Brown has put his West Hollywood party pad on the market for $1.895 million. The 3,000-square-foot unit occupies the entire top floor of a four-story building. The open-plan penthouse features direct elevator access, high ceilings, a patio and a bar. There are three bedrooms, an office, a laundry room and 31/2 bathrooms. Brown, 23, released "Graffiti" in 2009, the same year he was arrested for assaulting his then-girlfriend, singer Rihanna.
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