ROCKSUGAR PAN ASIAN KITCHENOFFERS THE
EAT, PRAY, LOVE “DINNER & MOVIE” PACKAGE
4-Course Dinner, Movie Tickets to AMC Century City & Valet Parking for
$48 Per Person
Closings Commence at Related Companies’ Premier Residential Condominium
I sent the following email to Candy Spelling:
ARE YOU BACKING OUT OF THE CONDO PURCHASE?
There are rumors swirling around Century City about you and this condo. I contacted Mr. Stephen Ross and asked him to provide me with information. I verified with his secretary that he received the letter and after two weeks have no response... which leads me to wonder what is happening... no information is a really bad sign in light of so few sales recorded with the Los Angeles County Recorder...
So are you backing out? Are you renegotiating your deal? Are you going to be one of the handful of occupants in the building?
Please let me know so
that I can inform my readers...
I will post the response if and when I receive it.
A representative of Candy Spelling contacted the Century City News and said “Mrs. Spelling had surgery at the end of last week and is not looking at her email.” This fuels the speculation that Ms. Spelling will close on her condo at The Century, in Century City. The project has few closed sales after three years of selling. Billionaire Stephen Ross heads the project. He has been asked about the condo sale to Candy Spelling and has yet to respond. One of the issues in California with a new luxury building is Proposition 13. People who bought their properties twenty or thirty years ago can’t afford the increase in property taxes. Maybe they can afford it but in this economy do they want to part with all of that money? Real Estate in California needs a systemic change or it will continue the freefall that tells us all that if we wait we can get it cheaper tomorrow. The Century will end up being a rental property if it is viable at all.

A New Way to Meet in Style at Los Angeles’
Legendary Hyatt
Regency Century Plaza
Blackberries will buzz, “Meet me at The Century Plaza” with new Plaza Level Re-Do
NATIONAL GUARD AND RESERVE MEMBERS; COMMEMORATE VETERANS DAY BY
NOMINATING SUPPORTIVE EMPLOYERS
National Guard and Reserve
members and families eligible to nominate employers for Secretary of
Defense award
Los Angeles, CA— The day before Veteran’s Day, November 10, 2009, at 12 p.m. PST on Ustream.tv, LINK live will bring to the online community an interactive conversation about technology access for veterans.
