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Riviera County Club

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CALIFORNIA | LOCAL
June 4, 1988
So another fabulous American landmark is purchased by the Japanese. Now there's a surprising news item! How long before we become the United States of Japan? Is anybody in our government in charge; or do they care? From what I've seen, the unbridled sale of America to foreign millionaires is creating a melancholy state of apathy among our citizens. JOHN DEGATINA Los Angeles
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SPORTS
October 19, 2011 | By Barry Stavro
The PGA Tour released its 2012 schedule Wednesday, and it is one that has a few tweaks, including holding the final round of its season-opening tournament in Hawaii on a Monday — Jan. 9, the same day as the Bowl Championship Series national title game. The tour's West Coast swing follows a schedule similar to those from past years. The tour arrives in California for the Humana Challenge (formerly the Bob Hope Classic), from Jan. 19 to 22 at La Quinta. The Humana pro-am will have a new format, with pros playing four rounds instead of the five that was the custom in the Bob Hope Classic.
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SPORTS
October 19, 2011 | By Barry Stavro
The PGA Tour released its 2012 schedule Wednesday, and it is one that has a few tweaks, including holding the final round of its season-opening tournament in Hawaii on a Monday — Jan. 9, the same day as the Bowl Championship Series national title game. The tour's West Coast swing follows a schedule similar to those from past years. The tour arrives in California for the Humana Challenge (formerly the Bob Hope Classic), from Jan. 19 to 22 at La Quinta. The Humana pro-am will have a new format, with pros playing four rounds instead of the five that was the custom in the Bob Hope Classic.
SPORTS
November 27, 1991 | MARYANN HUDSON
The members of Riviera Country Club in Pacific Palisades overwhelmingly favor the club staging the 1995 PGA Championship, according to a telephone survey by the club's management. Bill Masse, Riviera's general manager, said Tuesday that he will recommend to owner Noboru Watanabe that the club proceed with plans to hold the event, one of four major tournaments on the PGA Tour. "The results are very gratifying," Masse said.
SPORTS
November 27, 1991 | MARYANN HUDSON
The members of Riviera Country Club in Pacific Palisades overwhelmingly favor the club staging the 1995 PGA Championship, according to a telephone survey by the club's management. Bill Masse, Riviera's general manager, said Tuesday that he will recommend to owner Noboru Watanabe that the club proceed with plans to hold the event, one of four major tournaments on the PGA Tour. "The results are very gratifying," Masse said.
BUSINESS
September 10, 1988 | NANCY YOSHIHARA, Times Staff Writer
After months of secrecy, Marukin Shoji Ltd., a Japanese real estate company, emerged Friday as the mysterious investor in the Riviera Country Club, the landmark 168-acre golf and tennis resort in Pacific Palisades. Noboru Watanabe, chairman of Marukin USA, signed a formal agreement to pay, as previously disclosed, $52.9 million for a 49% interest in Riviera Associates, a new partnership formed with Laaco Ltd., the club's current owner. Laaco will retain the majority stake in the new partnership.
NEWS
May 10, 1990
Concern about foreign investment in the public land at Marina del Rey forced Los Angeles County's Small Craft Harbor Commission to postpone action Wednesday on the sale of a long-term lease on the Aggie Cal Yacht Center to the American subsidiary of Yamaha Motors. Yamaha wants to buy the yacht center lease for $5.1 million, but the deal, which involves county-owned land, requires the approval of the commission and the Board of Supervisors.
SPORTS
July 31, 1990 | LARRY STEWART, TIMES STAFF WRITER
NBC-owned Channel 4, in protest of Shoal Creek Country Club's all-white membership policy, has announced that although it will report the results, it will not show highlights of the ABC-televised PGA Championship, to be played Aug. 9-12 at the suburban Birmingham (Ala.) country club. ABC-owned Channel 7 has not set any policy, but sportscaster Jim Hill, who is black, spoke out Monday against Shoal Creek's policy. "Disgusting is the word for it," Hill said.
NEWS
February 5, 1997 | ABIGAIL GOLDMAN and MARY CURTIUS, TIMES STAFF WRITERS
Once again the outcome galvanized and divided the nation, playing out as a surreal tale of race and celebrity in America. This time, though, as a mostly white jury held O.J. Simpson accountable for the deaths of his former wife and her friend, it was the black community that was left somber and cynical. There was a greater sense of inevitability among many blacks interviewed Tuesday than was expressed by whites in 1995, when Simpson was cleared of double-murder charges at his criminal trial.
BUSINESS
September 10, 1988 | NANCY YOSHIHARA, Times Staff Writer
After months of secrecy, Marukin Shoji Ltd., a Japanese real estate company, emerged Friday as the mysterious investor in the Riviera Country Club, the landmark 168-acre golf and tennis resort in Pacific Palisades. Noboru Watanabe, chairman of Marukin USA, signed a formal agreement to pay, as previously disclosed, $52.9 million for a 49% interest in Riviera Associates, a new partnership formed with Laaco Ltd., the club's current owner. Laaco will retain the majority stake in the new partnership.
CALIFORNIA | LOCAL
June 4, 1988
A new virus has infected a number of my friends and colleagues. Like a pen full of monkeys, they have all begun screeching the same xenophobic slogans: "The foreigners are buying downtown Los Angeles' best buildings." "The foreigners are buying California's businesses and corporations." "They are pushing the cost of residential real estate beyond our reach." Well, where would you expect them to invest? Haiti? El Salvador? The Philippines? The Soviet Union? Los Angeles is a financial bargain.
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