CALIFORNIA | LOCAL
February 1, 2012 |
The sale of the bankrupt Crystal Cathedral to the Roman Catholic Diocese of Orange has been delayed, in part because of a purported 99-year lease brought to the court's attention days before the sale was to be finalized. On Jan. 25, lawyers in the case received a letter detailing an agreement that entitles the Crystal Cathedral congregation to the long-term lease for $1 per year. The diocese, which said it "has serious doubts regarding the alleged lease's existence," demanded signed copies of the lease by Jan. 27. The Crystal Cathedral was unable to produce any documentation.
June 28, 2013 |
LAS VEGAS - Liberace's old off-Strip mansion is up for sale for a veritable song, but is the property fabulous or a decrepit fixer-upper? Built in 1962, the once-lavish 14,939-square-foot spread sits on a half-acre lot near the University of Nevada, Las Vegas, and features two bedrooms, 10 bathrooms and several large areas for entertaining. There are flashes of the legendary pizazz once embodied by Liberace, whose life was the subject of the recent HBO film, “Behind the Candelabra,” which details the eccentric entertainer's secretive romance with former chauffeur and lover Scott Thorson.
March 1, 2012 |
A Bel-Air house that was home to a young Judy Garland, in the days of her star turn as Dorothy in the 1939 classic "The Wizard of Oz," is back on the market at $7.1 million, roughly a year after its previous sale. Updated and renovated, the two-story traditional sits on about 2.5 acres. Designed by Wallace Neff and built in 1938, the house features dormer and bay windows, white columns, a red-brick clad veranda and French doors. The 5,500-plus-square-foot house has five bedrooms, five full bathrooms and two half-baths.
January 10, 2014 |
Tennis champ Venus Williams has listed a home in Hollywood Hills West for sale at $1.799 million. Set beyond a gated driveway, the midcentury post-and-beam house features a foyer, a den, an updated kitchen, three bedrooms and two bathrooms. Tax records show the house has 1,528 square feet of living space. The swimming pool, lawn and deck have canyon views. There are also mountain views from the nearly half-acre site. Williams, 33, is a former Women's Tennis Assn. No. 1-ranked singles player.
October 23, 2012 |
Luxury cruise line Cunard launched a one-week sale Monday that offers a nice upgrade on selected 2013 trips: a cabin with balcony for the price of an ocean-view room. And some spending money is thrown in too in the form of on-board credit. One example: The classic transatlantic crossing from England to New York in spring aboard the Queen Mary 2 starts at $1,345 per person. The deal: The Cunard sale applies to transatlantic crossings as well as cruises to the Baltic, the Mediterranean, Scandinavia, Iceland and other destinations.
CALIFORNIA | LOCAL
June 10, 1993
Re "Surrogate Has No Rights to Child, Court Says," May 21: How creative of the California Supreme Court for giving a shot to the ailing California economy. Legalizing surrogacy produces a new cottage industry: growing babies for sale. The fact that the California Assn. of Adoption Agencies and the California State Legislative Task Force to Study Surrogacy concluded that surrogacy was not in the best interest of children didn't seem to carry much weight. When the economy needs a boost, the best interest of the economy will prevail.
November 18, 2010 |
California delayed by one day its sale of $10 billion in short-term notes to update disclosures to buyers of the debt. Treasurer Bill Lockyer said he was forced to amend the offering's disclosure documents because of a lawsuit filed Tuesday challenging the state's plans to sell and lease back 11 office properties. Failure to complete the real estate transaction would widen the state's projected budget gap, a possibility that investors might want to know about. The change in disclosure means that individual investors who placed orders Monday and Tuesday for $5.89 billion of the notes must reconfirm they want them.
September 17, 2013 |
This post has been updated. See note below for details. The first opportunity to buy tickets for three Eagles shows that will open the reinvigorated Forum in Inglewood in January begins Friday before they go on general sale on Sept. 28. Those who register online by Thursday for a “fan invitation” program will be eligible for an e-mail offer to buy tickets starting Friday. Instructions state that “select fans will receive invitations by email to purchase tickets.” Those who buy tickets through the random selection process also will receive a commemorative poster from the shows.
September 19, 2012 |
NEW YORK -- The Madison Square Garden Co. may be a logical bidder for Staples Center, but would not likely win an auction for the sports and entertainment venue, an analyst said. Anschutz Entertainment Group -- which owns Staples Center along with the Kings hockey team and Galaxy soccer team, among other assets -- has been put up for sale by billionaire Philip Anschutz. MSG would be a logical bidder for the teams and the venue, said Laura Martin, an analyst at Needham & Co. Inc. With a market capitalization of $3.1 billion, MSG would be too small to purchase all of AEG, she added.
September 19, 2012 |
The Los Angeles sports landscape was rattled Tuesday by news that the Anschutz Co. has put its AEG sports and entertainment empire up for sale. AEG owns stakes in the Staples Center, Kings, L.A. Galaxy and the Lakers in addition to being the driving force behind plans to bring the NFL back to Los Angeles with a proposed downtown stadium. So how will AEG's sale affect the Los Angeles sports scene? Times staff writers Bill Shaikin and Sam Farmer will tackle that question and many others in a Google+ Hangout scheduled to go live at 4 p.m. Pacific time.