Stories for September 1997
Monday, September 1
Dr. Omid Javaherian recently purchased a new home in Tarzana for $963,000, and as soon as escrow closed he already had received an unsolicited offer to buy the 7,000-square-foot home for $1.15 million.
Six months ago, Bill Allen was assigned the task of developing a marketing plan for the San Fernando Valley an area that most of the world outside Los Angeles associates more with tract homes and strip malls than high-tech companies and movie studios.
Sig Raulinaitis has been named director of construction at Encino-based Mann Theatres. Raulinaitis will oversee and develop projects. He previously was project manager at Extended Stay America Hotels.
A Santa Monica-based developer is hoping there will be enough demand from Hollywood studios and warehouse operators to fill more than 440,000 square feet of new industrial space to be built at a former Litton Industries site in Van Nuys.
In early July, Universal Studios Inc. succumbed to pressure from homeowners and politicians and cut back on ambitious plans to turn its Universal City property into a massive tourist destination.
Even though its expansion plans have been reduced, Universal Studios has made a major commitment to do more than originally proposed to mitigate traffic in and around its studio and theme park ("Traffic Remains Issue in Universal Plan," Aug. 18). Instead
After more than two decades operating Flip's Tire Center in Van Nuys, Smith had seen his shop's Sepulveda Boulevard neighborhood marred by prostitution, trash and grafitti.
Three and a half years after the Northridge earthquake, thousands of apartments, houses and other structures around the San Fernando Valley remain damaged from the temblor. Meanwhile, many San Fernando Valley businesses are doing much better than they wer
Los Angeles City Councilman Richard Alarcon has attracted headlines in recent months after pushing for redevelopment of the former General Motors Corp. site in Panorama City, as well as in his effort to create a development vision for the Hansen Dam area
Three years ago, Varitel Video in Studio City was a mid-sized film-to-video transfer operation attracting scant notice in the Valley's huge post-production community.
Three and a half years after the Northridge earthquake, numerous Valley homeowners and building owners still await their day in court against their insurance companies.
The Los Angeles Community Redevelopment Agency has labored for almost two decades to shake North Hollywood's image as a seedy area. But as adjacent office submarkets flourish, some hope that market forces might be able to do what the government so far has
Few would question the fact that L.A.'s show business boom has transformed the economy of the San Fernando Valley.
Hollywood's juiciest lawsuit took another nasty turn late last month after a court-appointed referee ordered Walt Disney Co. chieftain Michael Eisner to turn over portions of his yet-unpublished autobiography to archrival Jeffrey Katzenberg.
It began as a dusty horse ranch owned by movie mogul Harry Warner, but nearly 50 years later the area now known as Warner Center has become one of the most concentrated business districts in Southern California.
San Fernando Valley businesses and residents continued to file for bankruptcy protection in large numbers during July, according to this month's Valley Econowatch.
A decade ago, Pallack was one of Hollywood's premier designers. His Sherman Oaks store, and Pallack himself, personified everything that was Hollywood in the '80s glitzy clothes, big hair, wealth and celebrity.
With federal officials turning down the latest subway funding revisions by the Metropolitan Transportation Authority, and with even Mayor Richard Riordan's staff finding that the MTA's $2.8 billion budget is unrealistic and flawed, one thing seems perfect