Stories for May 1999

Sunday, May 30

Real Select

RealSelect Inc., a Thousand Oaks company that boasts the largest number of for-sale home listings on the Internet, has agreed to acquire a premier provider of online apartment listings.

Arcane

Brown, chief executive of Woodland Hills-based Vertel Corp., uses three levels of description depending on the tech savvy of his listeners to detail the company's development of telecommunications management software. He always talks slowly and offers

San Fernando

After rushing into a key vote on their city's future, and then rescinding it, members of the San Fernando City Council have decided to slow down the planned overhaul of the downtown area and even subject themselves to a crash course in redevelopment basic

Charter

With only a week before voters go to the polls, the fate of L.A.'s charter reform proposal considered likely to win approval just a few months ago is very much in doubt.

list story

They may not have trendy Westside addresses, but the top advertising firms in the San Fernando Valley say they have little trouble finding talented employees.

DIGEST

The agency that runs Burbank Airport has submitted plans to the city of Burbank for a scaled-down air terminal in a move aimed at ending a four-year-old legal battle with the city.

letter

Health care coverage is very sensitive to costs. A flurry of special-interest legislation in Sacramento will impose new health coverage mandates and increase litigation. These bills undermine employers' ability to offer affordable health plans that meet t

Persfi

How would you like a comfortable, low-risk investment that can provide a 12 percent return, absolutely tax-free?

Forum

The stock market has been volatile over the past two weeks, particularly after officials with the Federal Reserve hinted they might be considering raising interest rates. So the Business Journal asks:

Sfv Commentary

This figure is down from just a few years ago, thanks to greater participation in the city's recycling programs. Over the past several years, recycling programs have kept over 47 percent of all materials collected at the curbside from entering landfills.

Profile

Video game maker THQ Inc. was struck a major blow last year when it lost its license to make products based on World Championship Wrestling. Its stock price fell immediately after the announcement that WCW would transfer its games license to Silicon Valle

SFV Newsmakers

Marjorie Fieldman was appointed senior vice president of financial operations for Universal Music Group, North America in Universal City. Her responsibilities include overseeing Universal and PolyGram financial systems integration. Fieldman was most recen

Council

When northeast Valley voters go to the polls on June 8, they will have to choose between a very young candidate with strong political ties and a seasoned community activist.

Rooney

The board of the Valley Economic Development Center Inc., an entity credited with funneling millions of dollars in federal aid to local businesses after the Northridge quake, has called for a full audit of the agency, and its president has been asked to r

Strategies

I normally shy away from Top 10 lists. Besides being subjective, they're normally out of date as soon as they come off the printing press.

Minimed

MiniMed Inc. is awaiting Food and Drug Administration approval for a revolutionary glucose sensor that will give diabetics the most precise way yet of monitoring their blood sugar levels.

Fast track

Goal: To be the recognized leader in providing systems that allow government to offer services over the Internet

Tourism

A push to get the city of Los Angeles to hand over $500,000 in hotel taxes so the San Fernando Valley can promote local tourism appears to be dying a quiet death.

Transit

After several years of effort, city officials have secured $4 million in funding to build a transit hub in Warner Center that would serve as a gathering point for shuttles and buses throughout the west San Fernando Valley.

Real Estate Column

As if playing a game of musical chairs, three manufacturing companies are simultaneously moving into facilities being vacated by the other.

LOBBY

A telecommunications company spent the most money during the first quarter to lobby L.A. officials on any single issue, displacing the usual roster of developers.

WESTRIDGE

Approval of a 1,700-home hillside development by the Board of Supervisors will bring a PGA-quality golf course to Santa Clarita, as well as a chance for the community to play host to professional tournaments.

Valley Talk

The on-again, off-again marriage of the Northridge Chamber of Commerce and the Chatsworth Chamber of Commerce is off again for now.

Wednesday, May 19

Netherby

While the famed Sherman Oaks Galleria has garnered a lot of attention with its April closure following a sharp decline in business, it is not the only Valley mall to encounter troubles in the 90s.

Monday, May 17

Real estate column

A Dallas-based real estate investment trust has paid what is believed to be the highest per-square-foot price in recent history for an office building in Encino.

SFV newsmakers

Jack Mariucci has been named to the board of Interactive Marketing Technology Inc. He will serve as creative director for the company and head brand imaging for all future products. Mariucci previously designed products for the company.

Homeowners

After nearly two years lobbying against Ralphs Grocery Co. and other major supermarkets, Sherman Oaks homeowners are now celebrating victory with the impending arrival of a Gelson's Market.

Econowatch

San Fernando Valley hotel room rates are continuing to rise in 1999, but at a slower pace than the 8 percent to 10 percent average annualized rate of 1998.

Valley Talk

Moms have always been proud about their children's accomplishments. But the mother of Alex Padilla, who is campaigning for the District 7 City Council seat in the June 8 runoff election, has taken her pride a step further.

Exercise Tips For Employees

Exercise is important for everyone. Basic, regular exercise provides our bodies with strength and the tools that help us fight illness. It's common for office-based employees to complain that they don't have time, or are "just too busy" for exercise. O

Commentary

The city of Burbank is justifiably proud of its long tradition of being "business friendly." Over the last 15 years, while other communities in Southern California have been threatened by downturns in the economy, Burbank has successfully achieved consist

Fast Track

Today it is possible to download a song from the Internet onto a recordable compact disc, thus bypassing record stores. But how do you then calculate the royalty payment owed the artist who made the song?

List

The president and chairman of Van Nuys-based tire maker Superior Industries International Inc. was the San Fernando Valley's highest paid public-company executive in 1998, with a compensation package totaling $6.7 million.

pharmavite

Ten years ago, Pharmavite Corp. moved its manufacturing operations to San Fernando riding an early boom in the vitamin market. At the time, the company could barely fill the 300,000 square feet it had leased.

Strategies

Rising business travel costs have resulted in fewer browsers attending trade shows.

L-McDonald

Y2K is only the beginning of a technological embarrassment, it is not the beginning of the new millennium 2000 is the last year of the 20th century. Despite the "votes" of uninformed folks who can't figure out the process of counting time by a calendar,

Valley Talk Add

Plans to kick off this year's Cinco de Mayo celebration at El Torito in Northridge were tabled recently when a group of activists objected to the commercialization of the cultural celebration.

Profile

Most Admired Person: Donald Bess, his father, because he always gave more than he took

NOHO

The Los Angeles City Council gave its blessing to a $750 million movie studio and commercial complex in North Hollywood despite concerns about the developer's ability to pull off later phases of the project.

Xircom

Before clicking "Send" to ship your latest diatribe off to the online message board, be warned: Your boss may be watching.

How to Find the Right LASIK Su

Information for this article was provided by Maloney Vision Institute. For more information,

Diamond-Quality Fitness

Total Woman Private Gym & Day Spa has scheduled its grand opening ceremony in Northridge--featuring a ribbon cutting where Mayor Riordan is expected to attend, tours of the facility and other events. The three hour celebration on Saturday, May 22 from no

Repetitive Motion and Stress

REPETITIVE MOTION AND STRESS CAUSE MOST WORKERS COMP CLAIMS

Glendale

In yet another sign that the once-booming office market in Glendale is on the ropes, Maguire Partners has put on hold a 750,000-square-foot complex in the city's central business district.

Monday, May 3

CSU

With the cost of building a new college pegged at $800 million or more and the Cal State University system strapped for cash, it looked like Ventura County might have to wait decades for a long-needed four-year public university.

Fruit

After months of being battered by Mother Nature, two Los Angeles fruit-growing concerns are finally getting some good news in both cases from overseas.

Lettuce

Shoppers often ask David Goldman if his lettuce is organic, and when he answers that it is "hydroponic," many of them walk away.

Pierce

Forging partnerships with the San Fernando Valley business community will be one of the first orders of business for the newly named president of Pierce College.

Net Construct

India may have some of the top engineers in the world, but when it comes to connecting to the Internet, the country remains in the technological Stone Age, with only 500,000 Internet users in a country of 1 billion people.

Apartments

When Katherine Bergh, a broker with Hendricks & Partners, recently ran an ad to sell an apartment building in Panorama City, she got about 70 calls.

Strategies

American marketers continue to have a fascination with the making and breaking of brands.

Profile

Education: Bachelor's degree, political science, UC Santa Barbara; master's in public administration, USC

Letter

I have only recently become aware of a proposal to convert Pierce College into a golf course. To convert 239 acres of the world's finest growing land into a golf course is emblematic of what has happened to the spirit of learning and progress in this coun

Spotlight

Origins: Henry Mayo Newhall bought 44,000 acres in the 1850s and incorporated Newhall Land & Farming Co. in 1883. The land was farmed until the 1960s, when the Newhall family began developing a master-planned community that is today the city of Santa Clar

Industrial

With demand for industrial space continuing and supply under tight control, land prices in Valencia are rising dramatically.

Fasttrack

In 1968, when Dave Power first struck out on his own, there was a saying in the market research world: Torture the data until it confesses.

Econowatch

The office real estate market in the greater San Fernando Valley cooled a bit in the first quarter of 1999 despite getting a boost from the Conejo Valley, according to Grubb & Ellis Co.

SFV newsmakers

Judy Kessler Block has been named chief executive officer of the Encino Chamber of Commerce. She was most recently chief operating officer.

Garvel

Beneath a rural canyon just outside of Santa Clarita lies an estimated 56 million tons of sand and gravel worth $336 million.

Persfi

How do you help your child who is mentally impaired? How do you help your parent who is disabled?

Frederick

Two years ago, M. Frederic had the opportunity to expand one of its retail stores into larger quarters.

Forum

The Internet has exploded in popularity, as evidenced by the dramatic increase in e-commerce and the buying frenzy over Internet stocks. But how important is the Internet becoming to the business world? The San Fernando Valley Business Journal asks:

Re Column

With office vacancy rates hitting all-time lows in the Warner Center area, an investment group has put one of its properties up for sale.

ValleyTalk

The upcoming release of the much-hyped "Star Wars: Episode I The Phantom Menace" has the city of Burbank preparing for an anticipated galactic battle of its own: the parking wars.

Commentary

The California Department of Transportation (Caltrans) recently reported that traffic congestion-related delays collectively in the L.A. Basin and the Bay Area alone cost the economy of California $8 million per day. This should be a red flag to the Calif

Digest

Parting shot: Outgoing CSUN President Blenda Wilson announced the school will build its new football and soccer stadium on the North Campus despite intense neighborhood opposition. The school's current football field is being torn down to make way for a n

Sarkisian

The former chairman and chief executive of the 56-store supermarket chain that bore his name has teamed up with three former Hughes Markets executives to open the first HOWS Markets outlet on May 5 in Granada Hills. In June, the retailer will open a store