September 7, 2012 |
More than half the units in downtown L.A.'s most prominent residential tower are finally sold as the region's long-suffering condominium market turns around, industry observers said. Foreign investors and wealthy Southern California residents in search of a pied-a-terre have helped drive sales over the halfway mark at the Ritz-Carlton Residences at L.A. Live, developer AEG said. The condos were planned during the housing boom of the mid-2000s when AEG decided to crown its $2.5-billion L.A. Live entertainment, restaurant, office and hotel complex with 224 condos that would be serviced by the Ritz-Carlton hotel.
June 1, 2012 |
Wealth manager and restaurateur Kerry Moy is joining the live-in-downtown crowd at the Ritz-Carlton Residences. He has purchased a one-bedroom, two-bathroom unit with a den/study. The sales price is not yet available on the public record, but similar homes are listed in the $1-million range. The 1,303-square-foot condo takes in views of the swimming pool, the downtown skyline and L.A. Live. Moy, who owns and invests in restaurants as a sideline to his day job at Merrill Lynch, customized the place by opening up the office area to capture the views and moving walls so his dinner guests also can enjoy the vista.
March 28, 2012 |
With tourism on the rise in downtown Los Angeles, construction is set to begin on a $172-million Marriott hotel complex that has even bigger aspirations than when it was announced almost a year ago. Downtown's thriving hotel market can be seen in the long-anticipated development near the L.A. Live entertainment complex and Staples Center, which has grown by a floor and 15 additional rooms from the original plan. Now set to be 23 stories, the tower on Olympic Boulevard will house a 174-room Courtyard by Marriott and a 218-room Residence Inn by Marriott under one roof when it opens in summer 2014.
January 23, 2012 |
The Montage Beverly Hills and the Ritz-Carlton Lake Tahoe in Truckee are the newest California hotels to score five diamonds in the 2012 AAA Awards , the Auto Club's top honor bestowed to just 126 of the more than 31,000 hotels reviewed this year in the U.S., Canada, Mexico and the Caribbean. In all, 19 California hotels past and present are on the five-diamond list for 2012. The Aria Sky Suites in Las Vegas , Mandarin Oriental Miami and the St. Regis Houston also are among the newcomers to receive the top ranking.
August 17, 2011 |
By Richard Winton and Abby Sewell, Los Angeles Times August 17, 2011 An assistant priest at St. Nicholas of Myra Episcopal Church in Encino strolled into his boss' office Monday night and noticed a new framed drawing placed just inside the door. For a moment, it appeared to be a donation from a parishioner or a new piece of art for the office. But when he went to admire the drawing more closely, he realized he'd seen it before. This, he was sure, was "The Judgment," the 1655 pen and ink work by Rembrandt that had been all over the news since it was stolen two days earlier from the Ritz-Carlton hotel in Marina del Rey. Within hours, officials had confirmed that the drawing was indeed the missing Rembrandt, which had been the subject of a high-profile hunt.
August 16, 2011 |
An L.A. County Sheriff's official confirmed Tuesday that deputies recovered a stolen Rembrandt from the pastor's office of an Episcopal church in Encino. The Rembrandt sketch stolen Saturday night from the Ritz-Carlton in Marina del Rey was recovered Monday night from Saint Nicholas Episcopal Church in the 17100 block of Ventura Boulevard , said sheriff's spokesman Steve Whitmore. Investigators were still trying to determine how it found its way into the office of Father Mike Cooper and to verify whether it is an authentic Rembrandt.