After backing down from a contentious proposal to demolish the Hyatt Regency Century Plaza hotel, the owner has unveiled plans to construct a high-rise real estate development next to the Space Age landmark that would transform the tenor of Century City's streets and dramatically alter the skyline.
The $1.5-billion proposal calls for two 46-story skyscrapers holding hundreds of condominiums and offices to be built behind the renowned hotel on Avenue of the Stars. Nearly half of the guest rooms would be replaced by luxury condos as part of a top-to-bottom makeover.
Read More:
Wednesday, August 11, 2010
Jailed in Dubai, Accused Wait Long After Good Times Have Gone
Not long ago, British businessman Ryan Cornelius was living the high life, doing deals out of Bahrain and taking his family big-game fishing on his yacht and on safari in Kenya. He’s now into his third year in a Dubai jail cell, yet to be convicted of anything.
Read More:
Read More:
Sea Island Co. to file Chapter 11, sell properties
Sea Island Co., operator of the famed Georgia coastal resort since the 1920s, will file for bankruptcy protection today and announce a deal to sell most of its assets, according to the company’s top executive.
Read More:
Read More:
