March 28, 2007 |
Federal approval Tuesday of the $12.3-billion sale of Univision Communications Inc. to a group of private investors was just the first hurdle for the new owners of the country's largest Spanish-language media company.
March 3, 1998 |
Speaking of housing sales, there's a divine home available on a bluff above the Pacific. It's Bette Midler's funky Laguna Beach getaway, with rooms tucked away on several levels. Asking price: $2,795,000. Midler, known to joke about having to apologize to her Democratic friends for owning a house in Orange County, paid $1,925,000 for the Victoria Beach property in August 1988, county property records show.
February 3, 2000 |
Welcome to the neighborhood, Ted! Park your pickup and stay a while. Grab a burger and a cup of coffee. And while you're at it. . . . Maybe you'd see fit to write a modest check to lengthen our airport runway. It is, after all, on the skimpy side. Perhaps you could sponsor our local peace pageant too. It could use a little glitz. And then there's our school. Does the gym ever need work. . . . Wait! Don't go! Sorry to pester. You gotta admit, though, we have good reason.
CALIFORNIA | LOCAL
August 22, 2007 |
After almost a decade of court battles and unsuccessful attempts to shut down the only strip club in La Habra, city officials announced this week that they would pay the owner $5.2 million to get out of town. As part of the settlement, the city will buy the property for $3 million. The city made the offer Aug. 6 during the Orange County Superior Court trial of a lawsuit against the city filed by Badi "Bill" Gammoh, owner of the Taboo Gentlemen's Club. The City Council approved the deal Monday.
March 3, 2013 |
Word got around that Jack Kent Cooke wanted to cash out. It was 1977 and the Lakers owner had entered into a divorce that would eventually cost $41 million, a sum worthy of the Guinness World Records for the most costly marital split in history at that time. His mounting legal bills created an opportunity for an eager buyer named Jerry Buss. The onetime chemist, now wealthy from the real estate boom, wanted to purchase not only the Lakers but also the Forum and the Kings. Buss had one problem -- he wasn't the highest bidder.
CALIFORNIA | LOCAL
August 22, 1997
City officials are considering selling the Savage Canyon Landfill because its small size makes it expensive to operate. While Savage Canyon can accept up to 350 tons of trash a day, the nearby regional Puente Hills Landfill averages 12,000 tons per day. Confidential negotiations between Whittier and the Los Angeles County Sanitation District have upset some residents, but city officials say public hearings will be held before any sale.
November 27, 1997 |
Big Pink, a house in the Catskills where rock 'n' roll history was made, has been sold--and the new owner has pledged to turn it into a shrine befitting its past. Linda Mesch, a writer, rock musician and former disc jockey from Long Island, made an offer this week after reading in the Los Angeles Times that the three-bedroom house where Bob Dylan and The Band recorded in the '60s was for sale.
July 19, 2009 |
Real estate broker Carl Muhlstein maneuvered his silver BMW convertible through downtown Los Angeles traffic, one hand steering the car and the other pressing a cellphone to his ear. "Come on," he teased. "Insult me with an offer." While some who swim the deep and often lucrative waters of commercial real estate have retreated to the golf course, Muhlstein is among those pushing on -- joking, nudging and networking in hopes of making deals in a time of no deals.
January 9, 2006 |
Once home to one of the nation's largest concentrations of dairy farms, the Inland Empire's $500-million dairy industry is rapidly evaporating as dozens of farmers sell out to real estate developers. In the last two years, more than 160 dairies -- nearly 80% of those operating just a year ago -- have either been sold or are in escrow, according to the Milk Producers Council, a trade association based in Chino. The industry could be virtually gone within five years.
CALIFORNIA | LOCAL
December 21, 2007 |
Olive Kemp, 90, slowly stepped down the stairs toward the sales floor of the department store her family has owned since the 1920s. Her trusted deputy, Marta De La Hoya, 50, walked in careful lock step. Before them, the Christmas rush at the First Street Store in East Los Angeles was in full swing. Customers eagerly picked through dresses, undergarments and fabrics, through work pants and Levis. The store has served its working-class customers since 1924.