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BUSINESS
January 19, 2014 | By Roger Vincent
Despite a mixed performance in 2013, the Southern California office market improved slightly overall as the year finished with small increases in occupancy and rents. The ever-popular Westside continued to lead the way as active leasing helped landlords fill empty space in their buildings and ratchet up rents. Orange County also held on to its upward trajectory. "Things are getting better, little by little," said Petra Durnin, director of research in the West for real estate brokerage Cushman & Wakefield.
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BUSINESS
January 15, 2012 | By Roger Vincent, Los Angeles Times
The most archetypal American small town in Los Angeles County may be El Segundo, with its neighborly mid-century vibe. Visitors arriving on Main Street pass stately brick-and-stone El Segundo High School, a popular filming location, before encountering a large wooden directory erected by the Kiwanis Club that lists the city's 11 churches. Around the corner at Wendy's Place Cafe, there are framed jigsaw puzzles of Saturday Evening Post covers drawn by Norman Rockwell hanging on the paneled wall above the milkshake machine.
BUSINESS
December 7, 1987 | DENISE GELLENE, Times Staff Writer
Hunter's Books is closing three unprofitable stores on Christmas Day, including its flagship store in Beverly Hills, the chain's owner said Sunday. Hunter's Books owner Louis Lengfeld said in a telephone interview that the stores in Beverly Hills, Westwood and Phoenix are being closed because rents are too high. He said he decided to close the stores rather than reduce the level of customer service that has become Hunter's trademark. "We gave it a good try," said Lengfeld.
BUSINESS
July 17, 2011 | By Roger Vincent, Los Angeles Times
The last surviving original developer of Marina del Rey got a little emotional before turning a shovelful of dirt to mark the beginning of a new apartment complex that will replace the one he built in the early 1960s. Under an awning decked in red, white and blue, Jerry Epstein recalled last month how financiers were skeptical of the man-made marina in its early days, and only a "very substantial" loan from actor Kirk Douglas gave Epstein enough cash to build Del Rey Shores apartments on Via Marina.
BUSINESS
September 26, 1989
American Video Clearinghouse in Westlake Village said it signed a letter of intent to acquire a division of Comprehensive Leasing Corp., of Austin, Tex. Terms were not disclosed. The division provides inventory and equipment to operators of video stores. American Video Clearinghouse rents videocassette tapes by mail.
CALIFORNIA | LOCAL
April 5, 2009 | Anna Gorman
First Jason Farber lost his job. Then his new wife, Julie, lost hers. Their combined $160,000 income vanished, and soon their savings did too. The unemployment checks weren't enough to pay the rent, so they turned to Jason's mother for help. Suzi Farber, 62, willingly opened her doors because she was having trouble making her own house payments. The couple moved into her Encino home in late February. "It's not where I would choose to be," said Jason Farber, 39. "But it's where we ended up."
BUSINESS
August 3, 2008
Some important points are missing from the story on living in the loft. ("Lofty living pays sweet dividends," Your Money, July 27.) Rents rise every year, and in about 10 years, the current rent will double. No equity is being built up. For people with no independent means, this is more than a hurdle; it might put them into homeless category once they stop working. Few people can live on a couple of plastic bags of goods carried up, and fewer still will live without a car. Parking expense is significant.
CALIFORNIA | LOCAL
April 30, 1994
Popcorn is not only a hazard to your health but to the aesthetic enjoyment of a movie. When we go to a live play in a theater, we don't have to cope with the rancid stench of popcorn oil, the crunching of teeth, the smacking of lips. That's why my family stays away from movie theaters and rents videos. G. BORDING MATHIEU Laguna Beach
NEWS
May 19, 1985
A West Hollywood landlord, Letizia Gelles, filed a lawsuit in Los Angeles Superior Court to exempt her 15-unit apartment building from the city's freeze on rents. After the city's incorporation its council voted not only to freeze the prices on rents but also rolled them back to what they were on Aug. 6, 1984. In doing so, the city denied this landlord the right to rent her apartment units at the free market-value prices, which is so fundamental in our marketplace economy and which is taken for granted by all other enterprises (such as)
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