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BUSINESS
December 8, 1992 | From Times Staff and Wire Reports
Group Agrees to Buy Santa Monica Beach Hotel: A group headed by hoteliers Edward and Thomas Slatkin and an affiliate of investment banker Goldman Sachs & Co. agreed to purchase the partially completed Santa Monica Beach Hotel for $18.75 million from a group of investors led by Los Angeles developer Sam Stein. The Slatkin and Goldman Sachs group said it would complete the 198-room beachfront hotel, which fell into bankruptcy last year, in about eight months.
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BUSINESS
December 8, 1992 | From Times Staff and Wire Reports
Group Agrees to Buy Santa Monica Beach Hotel: A group headed by hoteliers Edward and Thomas Slatkin and an affiliate of investment banker Goldman Sachs & Co. agreed to purchase the partially completed Santa Monica Beach Hotel for $18.75 million from a group of investors led by Los Angeles developer Sam Stein. The Slatkin and Goldman Sachs group said it would complete the 198-room beachfront hotel, which fell into bankruptcy last year, in about eight months.
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CALIFORNIA | LOCAL
March 17, 1990
UC San Diego will name its newest research unit the Sam and Rose Stein Institute for Research on Aging in recognition of a $2-million gift from the Poway couple. Approval for the name came Friday at a meeting of the University of California Board of Regents in Los Angeles. The Steins have been strong supporters of medical research and social causes throughout the San Diego community. Their latest gift will be used to establish an endowment fund whose income will support institute activities.
CALIFORNIA | LOCAL
March 17, 1990
UC San Diego will name its newest research unit the Sam and Rose Stein Institute for Research on Aging in recognition of a $2-million gift from the Poway couple. Approval for the name came Friday at a meeting of the University of California Board of Regents in Los Angeles. The Steins have been strong supporters of medical research and social causes throughout the San Diego community. Their latest gift will be used to establish an endowment fund whose income will support institute activities.
SPORTS
January 15, 1989
Calvery Officer won the $15,233 California Breeders Stake by 2 lengths Saturday at Los Alamitos, pacing the fastest mile of his life. Calvery Officer completed the final half of the race in 56.4 seconds en route to a 1:57 time. Calvery Officer went off at 7-1 odds and paid $16.40 to win. Finishing second was Sam Stein in his first stakes race. Target Spirit was 2 3/4 lengths behind Sam Stein in third.
BUSINESS
September 17, 1991 | From Times Staff and Wire Reports
Tokai Bank Plans Foreclosure: Tokai Bank said it will foreclose on the uncompleted Park Hyatt Hotel in Santa Monica. The 198-room hotel has been plagued by construction delays, cost overruns and disputes between owner Santa Monica Hotel Ltd. and the general contractor, Gosnell Builders Inc. Santa Monica Beach Hotel general partner Sam Stein, who had been negotiating with the bank to restructure the hotel's loan, said he was "shocked by Tokai's announcement" that it will foreclose.
BUSINESS
March 10, 1998 | MELINDA FULMER
After almost seven years of legal wrangling, a bankruptcy and an appeal, the original developer of Santa Monica's famed Shutters at the Beach hotel is getting his financial due. Sam Stein of Encino has settled the seaside hotel's construction defect arbitration suit against Phoenix-based Gosnell Builders Corp. for $33 million, one of the largest such settlements in recent years, according to Los Angeles attorney Lee Colton, who represented Stein.
HEALTH
June 20, 2012 | By Morgan Little
WASHINGTON - Ron Paul, a staunch opponent of federal welfare programs, acknowledged Wednesday that he receives Social Security checks, shortly after advocating that younger generations opt out of the program. Appearing on MSNBC's “Morning Joe,” Paul was asked by Huffington Post's Sam Stein whether he should set an example for younger Americans and opt out of the program entirely. Paul, refusing the notion, compared the program to other common goods such as the post office.
NEWS
December 10, 1992
There will be a hotel on the beach in Santa Monica after all. The unfinished--and, for the moment, nameless--hotel at the foot of Pico Boulevard has been bought by the former owners of the Beverly Hills Hotel, who will resume construction Jan. 4 on the 198-room luxury seaside inn. It has been more than a year since worked stopped on the project, formerly known as the Park Hyatt Hotel, because of a construction dispute and subsequent bankruptcy of its former owner, Sam C. Stein.
NEWS
November 14, 2013 | By Morgan Little
President Obama sought Thursday to quell some of the anger sparked by the troubled rollout of health insurance exchanges as part of his signature domestic program, the Affordable Care Act. A plan announced by the president would allow Americans to keep their current healthcare plans for another year, in hopes of preventing the plan cancellations that have taken place across the country. But ultimately, Obama couldn't promise that everything wrong with the federal website used to sign up for the exchanges would be fixed by the self-imposed Nov. 30 deadline.
NEWS
December 10, 1987 | BONNIE HEALD, Times Staff Writer
The Santa Monica City Council last week overruled the city Planning Commission and approved a new $55-million beachfront hotel complex. The 6-1 council vote to approve the proposed 196-room hotel at 100 Pico Blvd. came despite residents' objections that the hotel will increase traffic congestion and ruin their residential neighborhood, and the Planning Commission's rejection of the project in October. The three-building complex on 1.
NEWS
December 22, 1988 | David Nelson
A few San Diego Opera supporters have admitted that they already have packed overnight cases with jammies, toothbrushes and teddy bears for the annual slumber party that will follow the opera's season-opening gala Jan. 21.
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