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Century Plaza sold
The first hotel in Century City, opened in 1966, fetched $293 million from Global Hyatt Corp., the L.A. Business Journal says. At $403,000 per room, it's likely to be the richest hotel deal anywhere this year, the paper reports. Currently a Westin, it will be renamed the Hyatt Regency Century Plaza. The nearby Park Hyatt has a different owner but will continue as a sister Hyatt property. The St. Regis down the street sold earlier and is being converted to condos.
© 2003-2008 • About LA Observed • Contact the editor
| Banks, automakers - hell, why not pornographers? Joe "Girls Gone Wild" Francis and Larry "Hustler" Flynt are asking Congress for $5 billion.
| Somehow the guy still manages to come off as being even more obnoxious than last we remember. He insists that he'll live forever.
| The MTA's Dorothy Peyton Gray Transportation Library and Archive jumps into Web 2.0 with enthusiasm, with Flickr photos and YouTube clips.
| Chuck Todd and his goatee
| An appreciation
| New signs and meters are already up in Westwood Village.
City Controller Laura Chick is absolutely correct when she insists on the power to examine the performance of other elected officials.
At the top of Chicken Corner's wish list for quite some time has been a bookstore -- an independent shop...
It's my one-year anniversary of joining the LA Times. Sad note -- the job lasted just 10 months.
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