Business

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Housing prices less than lovely, report shows

CITYWIDE — News flash: Apartment and house rentals on the Westside are (still) expensive. Data released by Lovely, a web aggregator of rental information, estimates that the average renter can plan to spend $3,400 per month for housing in Santa Monica, with one bedroom units hitting $2,900 and two and three bedroom units averaging $1,800... Read more →

Business

Billionaire offers to buy Saint John’s Health Center

Saint John's Health Center (Photo by Daniel Archuleta) MID-CITY — A multi-billionaire with strong ties to Saint John’s Health Center has offered to buy the hospital for an undisclosed sum, a move that is supported by the hospital’s donors and doctors who see it as the best option to ensure the quality of care is not... Read more →

Business

13

Civic Center will have to learn new tricks to survive

MAIN LIBRARY — The Santa Monica Civic Center Auditorium can survive past its planned June closure, but it will have to revolutionize its layout, amenities and management structure if it plans to compete with other entertainment facilities in Los Angeles, a team of policy experts told residents Friday afternoon. Members of the Public... Read more →

Business

Santa Monica tourism industry focuses on foreign flavor

Tourists watch as Santa Monica street performer Zhang Hong Cao creates artistic representations of their names at the Pier on Thursday afternoon. (Photo by Brandon Wise) PICO BLVD — Roughly 7.3 million visitors from outside Los Angeles County pumped $1.5 billion into the local economy in 2012, an almost 10 percent increase over the year... Read more →

Business

UCLA Family Commons to close doors

People attend the opening of UCLA Family Commons in 2009. (File photo) SECOND STREET — A family wellness center known for its unique blend of mental health services and family coaching announced last week that it would close its doors after three years in the Santa Monica community. The UCLA Family Commons, located on the 1200 block... Read more →

Business

23

After 49 years, Norms to close in July

EATERY SET TO MOVE ON: The Norms on Lincoln Boulevard is slated to close in July. (Photo by Alex Vejar) LINCOLN BLVD — Seniors who love their early-bird specials and late-night revelers fond of soaking up suds with a plate of hot cakes have to find a new place to dine. Executives with Southern California restaurant chain Norms... Read more →

Business

7

Community divided over Downtown’s future

A woman walks by Fred Segal on Tuesday. The location is considered an 'opportunity site' for redevelopment by city planners. (Photo by Daniel Archuleta) CIVIC CENTER —  Nearly 300 people Monday packed a town hall meeting at the Civic Auditorium to discuss future development in Downtown, a conversation that showed a community deeply... Read more →

Business

Rent Control Board to discuss new fee for landlords

(File photo) CITY HALL — The Rent Control Board will discuss a proposal Thursday to close a half-million dollar gap in its budget by raising registration fees and, for the first time, forcing landlords to share in some of those costs. The measure would bring an annual registration fee levied on Santa Monica’s estimated 26,350... Read more →

Business

2

Realtors target small homes for redevelopment

File photo CITYWIDE —  Santa Monicans are being targeted by real estate agents representing developers looking to turn small homes in desirable neighborhoods into mini-mansions that can be sold for double the original asking price. The agents tend to single out older homes, often taking up a relatively small portion of the parcel on... Read more →