September 11, 2012 |
“We don't need no” ... renovation. A flat in London's Highgate area, where Pink Floyd's original members hung out in the '60s, is up for sale at about $1.92 million. The “as is” property was owned by light-show pioneer Mike Leonard until his death this year. Bass player and vocalist Roger Waters and drummer Nick Mason moved into the flat in 1963 and by the time the English rock group was founded in 1965, every member of the original Pink Floyd is believed to have lived there at some time.
July 5, 2013 |
Sports cars are in the driver's seat in the competitive Westside real estate market. In the race to draw a moneyed home buyer to a trophy home for sale, the latest in one-upmanship involves the blending of two high-end obsessions: houses and horsepower. At a recent broker preview in Hollywood Hills West, the star of the party was a compound built on part of the old Errol Flynn estate, but the understudies featured four wheels. To reach the main house, visitors passed by nine garages with glass doors where the owner keeps his Ferrari collection on display.
September 18, 2012 |
With the announcement late Tuesday that entertainment giant AEG, owner of the Staples Center and Los Angeles Kings, is up for sale, the deal, if it goes through, could be the largest in sports history. “This will be a massive deal,” said Marc Ganis of Sportscorp. Ltd., a Chicago sports-consulting firm. “Arguably it'll be the biggest sport-based transaction in history.” The $2-billion price tag for the Los Angeles Dodgers earlier this year was the largest sports team purchase of all time.
CALIFORNIA | LOCAL
December 14, 2010 |
A state appeals court has stalled the controversial sale of 24 government buildings, ruling Monday afternoon that the transaction cannot go forward this week as planned and delaying it until at least January. The Schwarzenegger administration had hoped to help fill the state's yawning budget deficit by selling the buildings ? including the homes of the state Supreme Court and two appeals courts ? to raise $1.2 billion for this year's shortfall and then leasing them back. But two former members of the state building authority filed suit last month to halt the sale, arguing that it was a waste of taxpayer money.
July 28, 2009 |
Five months after he opened PNK Pro Beauty Supplies in Glendale, owner Karhen Abramyan has put the shop up for sale. He's gotten a few lowball offers in the last few weeks, but no deal. "I have $60,000 in inventory here, I can't just sell it for $50,000," said Abramyan, who is asking $95,000. Blame the bad economy. Buyers and sellers of California businesses are hampered because the vast pools of money that once fueled sales have dried up.
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.
November 29, 2010 |
The Parker Palm Springs resort has a winter sale on room rates through January. And here’s the best part: You have until midnight Tuesday to book – great for Black Friday or Cyber Monday refugees who didn’t find the sale of their dreams. The deal: Travel + Leisure once proclaimed that Palm Springs’ "mod renaissance kicked off with Jonathan Adler’s whimsical redo of Parker Palm Springs. " I can handle quirky design, especially when it comes with a good price during the high season, not during the super-heated desert summer.
April 4, 2010 |
Could Congress' ambitious second round of home purchase tax credits -- especially the $6,500 repeat-buyer credit -- turn out to be lacking in terms of economic stimulus clout? With the April 30 deadline to sign home purchase contracts for both the $8,000 first-time buyer credit and the $6,500 version looming, some real estate and building experts are concerned that fewer consumers may be motivated by the credits this spring than last fall. The $6,500 credit, in particular, appears to be generating little buzz among shoppers.
HOME & GARDEN
August 13, 2010 |
The longtime winter residence of Oscar-winning screenwriter Nancy Dowd has come on the market at $1,995,000 on the Caribbean island of St. Lucia. Called Belmont, the 7-acre nature reserve overlooks Castries Harbor. The West Indies Creole-style house, built in 1895, includes four bedrooms and two bathrooms. Dowd wrote "Slap Shot" (1977), in which she also appeared, and "Coming Home" (1978), for which she won an Academy Award for best original screenplay. She was a writer on "Saturday Night Live" in 1980 and '81. Crosby Doe of Crosby Doe Associates, Beverly Hills, has the listing.
July 29, 2012 |
WASHINGTON — Though many home shoppers who assume they are still in a buyer's market find it hard to believe, one of the sobering fundamentals shaping real estate this summer is shrinking inventory: The supply of houses for sale has fallen significantly in most areas compared with a year earlier, sometimes dramatically so. And that is having important side effects by raising prices and homeowners' equity stakes and reducing total sales. In major metropolitan markets from the mid-Atlantic to the West Coast, the stock of homes listed for purchase has dropped by sometimes extraordinary amounts — 50% or more below year-earlier levels in several areas of California, according to industry studies.