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BUSINESS
August 9, 1994
The northern Los Angeles commercial real estate market, which includes the San Fernando, Santa Clarita and Conejo valleys and part of Ventura County, saw office vacancies decline to 16.8% in the second quarter from 16.9% in the first quarter, according to a survey by the brokerage Cushman & Wakefield of California Inc. The highest vacancy rate locally was reported in the west San Fernando Valley, which had a 21.
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BUSINESS
February 12, 1998 | E. SCOTT RECKARD, TIMES STAFF WRITER
The housing market stayed in high gear throughout Southern California in January and shifted into overdrive in Orange County, where prices rose at a double-digit pace not seen since the late 1980s, a real estate tracking service said Wednesday. The median home price in Los Angeles County was up 6.1% from January 1997 to $173,000 last month, with sales up nearly 16%. The median is the point at which half the sales were for less, half for more.
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BUSINESS
February 12, 1998 | E. SCOTT RECKARD, TIMES STAFF WRITER
The housing market stayed in high gear throughout Southern California in January and shifted into overdrive in Orange County, where prices rose at a double-digit pace not seen since the late 1980s, a real estate tracking service said Wednesday. The median home price in Los Angeles County was up 6.1% from January 1997 to $173,000 last month, with sales up nearly 16%. The median is the point at which half the sales were for less, half for more.
BUSINESS
August 9, 1994
The northern Los Angeles commercial real estate market, which includes the San Fernando, Santa Clarita and Conejo valleys and part of Ventura County, saw office vacancies decline to 16.8% in the second quarter from 16.9% in the first quarter, according to a survey by the brokerage Cushman & Wakefield of California Inc. The highest vacancy rate locally was reported in the west San Fernando Valley, which had a 21.
NEWS
September 3, 1992
Ernesto Villegas has been appointed to the board of trustees of the El Monte Union High School District, filling the seat vacated by Bob Brown, who resigned July 1 because he moved out of town. The term ends in November, 1993. Villegas, one of eight applicants for the position, owns Villegas Realty in El Monte.
BUSINESS
November 1, 2007 | Molly Selvin, Times Staff Writer
To jump-start stalled contract negotiations, newly unionized security guards in Los Angeles have authorized a strike vote and plan to rally today in Westwood in front of the offices of two major property management firms. Talks began in July on what the Service Employees International Union hopes will be the first citywide master agreement for the 4,000 men and women who guard the city's office buildings.
CALIFORNIA | LOCAL
May 28, 2008 | Garrett Therolf, Times Staff Writer
The number of homeowners in Los Angeles County who will receive a lower property tax bill grew to 128,000 this week because of the deteriorating real estate market. Los Angeles County has been at the forefront of the reassessment process this year, and large numbers of homeowners in neighboring counties are expected to receive reduced assessments before property tax bills are mailed in October. "The goal is to get this done quickly and fairly," Los Angeles County Assessor Rick Auerbach said.
NEWS
November 29, 1992 | MYRON LEVIN
Amid growing concern about real estate fraud, Los Angeles County officials next year will launch a pilot program to make it harder for crooks to forge deeds. The two-pronged program is designed to deter such forgeries and to notify victims when they occur. The campaign, approved in September by state lawmakers, will be carried out only in Los Angeles County, where property theft is thought to be more prevalent than elsewhere in the state.
CALIFORNIA | LOCAL
January 20, 1989 | PATT MORRISON, From staff and wire reports
They're betting that rose futures will look pretty good in 100 years. The upright Tournament of Roses folks are going underground--burrowing a place for a stainless steel time capsule to be opened at the end of what they seem utterly certain will be the second hundred years of rose parades. Into its inert-gas chamber went: - The lasso that Western star Montie Montana--veteran of 55 rose parades, 10 horses and three wives--once used to rope in President Eisenhower.
CALIFORNIA | LOCAL
January 21, 2008 | Ashraf Khalil, Times Staff Writer
Union officials representing thousands of private security guards in Los Angeles have struck a landmark deal with several property management companies that provide security to 80% of the commercial real estate in Los Angeles County. The deal results in a 40% increase in overall salary and benefits, according to Faith Culbreath, local head of the security officers' branch of the Service Employees International Union. "We're very excited," Culbreath said. "We've achieved all our core objectives."
NEWS
June 8, 1991 | STUART SILVERSTEIN, TIMES STAFF WRITER
When the Proposition 13 tax revolt initiative went on the state ballot in 1978, some of California's leading business groups were aghast. The influential California Manufacturers Assn. acknowledged that industry would win property tax relief, but warned that the initiative "would be detrimental to the state's economy, particularly in loss of jobs and decreased services." How things have changed.
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