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BUSINESS
March 3, 1998 | E. SCOTT RECKARD
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.
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NEWS
February 3, 2000 | STEPHANIE SIMON, TIMES STAFF WRITER
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.
BUSINESS
August 20, 2009 | Roger Vincent
Real estate may be in the doldrums, but Rodeo Drive is still Rodeo Drive when it comes to property prices. The Hugo Boss building on Beverly Hills' famous shopping street has been purchased by Hong Kong-based investors for $28 million in one of the highest per-square-foot prices paid for commercial real estate since the recession began, the seller's broker said Wednesday. Rodeo Drive has such cachet that many high-profile retailers want to be there even if their rents are too high in some cases for them to turn a profit at that location, said broker Dave Feldman of Marcus & Millichap.
CALIFORNIA | LOCAL
June 14, 2006 | Hector Becerra, Megan Garvey and Steve Hymon, Times Staff Writers
Los Angeles County sheriff's deputies shut down a 14-acre urban farm in South Los Angeles on Tuesday, arresting more than 40 protesters as they cleared a plot of land that has been the source of discord and controversy in the community for two decades. The evictions occurred during a frenzied morning both at the farm and at City Hall.
BUSINESS
October 27, 2010 | By Roger Vincent, Los Angeles Times
CB Richard Ellis Group, the world's largest commercial real estate brokerage, on Tuesday reported a strong third quarter propelled by increased property sales and leasing in the U.S. and abroad. Although local commercial rents are still falling and property values remain uncertain, a growing number of transactions helped the Los Angeles company report a 360% increase in profit to $57 million, or 18 cents a share, compared with $12.4 million, or 4 cents, in the third quarter of 2009.
BUSINESS
March 28, 2007 | Jim Puzzanghera and Meg James, Times Staff Writers
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.
NEWS
March 19, 1995 | MARC LACEY, TIMES STAFF WRITER
Saying it is time to stop the rapid expansion of the National Park Service and concentrate the government's limited funds on the country's "crown jewels," House Republicans are considering a plan to sell some parks and are scrutinizing the Santa Monica Mountains National Recreation Area.
BUSINESS
June 19, 2003 | Roger Vincent, Times Staff Writer
French media giant Vivendi Universal, in the midst of trying to sell its U.S. entertainment assets, has unloaded a prime piece of real estate with the $190-million sale of a 35-story skyscraper in Universal City. The granite-clad office at 10 Universal City Plaza was bought by Boston investment manager Beacon Capital Partners and CarrAmerica Realty Corp., a Washington real estate investment trust.
CALIFORNIA | LOCAL
September 2, 2003 | Nancy Wride, Times Staff Writer
A romantic -- or a Realtor -- might call it a lush isle in a Catalina cove, teeming with rare flora, surrounded by seaweed forests in the turquoise Pacific. And for the first time since four guys bought it from the U.S. government some 70 years ago, the archipelago is for sale by its current owners, who inherited it. Asking price: $2.75 million. The upside: gorgeous solitude and the novelty of owning a private island.
BUSINESS
March 28, 2009 | Lauren Beale and Peter Y. Hong
There are homes. And then there is Candy Land -- all 56,500 square feet of it. Candy Spelling, widow of legendary TV producer Aaron Spelling, has put her 4.7-acre residence in Holmby Hills up for sale. Priced at $150 million, it's currently the most expensive residential listing in the U.S. Whether Spelling will have to take a haircut on that asking price in today's market remains to be seen. If so, she'll be prepared: The home has its own barbershop. Plus a whole lot more.
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