Next Century Associates Announces $2 Billion Vision for Century City

Next Century Associates, LLC, a partnership between Los Angeles based real estate investor Michael Rosenfeld and an entity in the D.E. Shaw Group, today unveiled plans for a $2 billion mixed-use project on the 5.75 acre Century Plaza hotel site. The project will feature two soaring towers rising from a grand plaza with a 240 room Five Star hotel and 163 hotel residences, 130 luxury residential condominiums, 100,000 square feet of office, 106,000 square... 

The Landmark Plaza Wins New York Regions Prestigious 2008 Restoration / Renovation of the Year

The iconic Plaza at the intersection of Central Park South and Fifth Avenue has been selected as the tri-state region’s 2008 Renovation Project of the Year by New York Construction magazine, the authoritative industry monthly published by McGraw-Hill. The publication cited the outstanding three-year, $400 million, lobby-to-roof restoration of the legendary landmark. Miki Naftali, President and CEO of El-Ad Group, owner of the storied castle on the... 

Charles R. Stinsons Architecture Chronicled in Book

Charles R. Stinson’s architecture is chronicled in a new book within the Master Architect Monograph Series entitled Charles R. Stinson: Compositions in Nature. The modern architecture book, with text by Camille LeFevre and photography by Peter Bastianelli-Kerze, features Stinson-designed homes and buildings that have achieved international recognition along with his distinctive style—light, line and space expressing a dynamic co-existence. Charles... 

Cox Provides Telecom Services for Luxury High-Rise Development on U.S. Naval Base

When Pacific Beacon, a first-of-its-kind luxury on-base housing development, opens, the sailors in residence will have access to Cox Communications ( http://www.cox.com ) video, Internet and voice services. “In a unique agreement between the 32nd Street Naval Base and Clark Naval Communities, LLC, (CNC) the condo-style residences were built on base property for convenience, but have the residential amenities and the flexibility of luxury off-base... 

West Virginia Soaring Eagle Lodge Condominiums to Sell at Real Estate Auction

J. P. King Auction Company, the nation’s leading auction marketing firm specializing in high-value properties, is selling seven Soaring Eagle Lodge condominiums at absolute auction, to the highest bidder in Snowshoe, West Virginia on Saturday, December 6, 2008 at 1 p.m. “The area features more than 60 trails and is considered one of the East’s largest skiing and snowboarding destinations,” said Craig King, president & CEO of J. P. King.... 

Existing-Home Sales Soften on Economic Volatility

Existing-home sales declined on the heels of a strong gain in September as uncertainty and economic concerns increased in October, according to the National Association of Realtors®. Existing-home sales — including single-family, townhomes, condominiums and co-ops — fell 3.1 percent to a seasonally adjusted annual rate(1) of 4.98 million units in October from a downwardly revised pace of 5.14 million in September, and are 1.6 percent... 

Ski-in, Ski-out Crystal Peak Lodge Becomes Luxurious Cornerstone of Breckenridge Resorts New Peak 7 Base Village

One of the most popular ski and snowboard resorts in North America, Breckenridge Resort, Colo., is unveiling a new base village area this winter that features luxurious ski-in, ski-out accommodations and skier services. The Crystal Peak Lodge, opening today, is the centerpiece of Breckenridge Ski Resort’s new Peak 7 base village, which features a Mediterranean-themed dining experience at Sevens restaurant, a ski and ride school, a rental and... 

World-Renowned Chef Wolfgang Puck Cooks First Thanksgiving at L.A. LIVEs Ritz-Carlton Residences

Kicking off the holiday season, Chef Wolfgang Puck hosted “the first Thanksgiving” at the most exclusive address in Los Angeles, The Ritz-Carlton Residences at L.A. LIVE. The critically-acclaimed chef and restaurateur performed a holiday cooking demonstration before a private audience of 50 in the professional Gaggenau kitchen, featured at the model vignette of L.A. LIVE’s distinctive residences. Showcasing the five-star ambiance... 

S&P Launches Condo Indices; Adds Seasonally-Adjusted Data to its Suite of S&P/Case-Shiller Home Prices Indices

Standard & Poor’s, the world’s leading index provider and publisher of the widely followed S&P/Case-Shiller Home Price Indices, announced today that it will launch new indices designed to track condominium prices in five major metropolitan areas in the United States — Boston, Chicago, Los Angeles, New York and San Francisco. Standard & Poor’s also announced that it will publish seasonally-adjusted versions of the... 

Alabamas Brett/Robinson Beats Condo Pitfalls, Opens New Beachfront Building, Second Largest in State

Gulf Coast real estate developer Brett/Robinson and Alabama Governor Bob Riley announced the grand opening – and stellar sales – of the state’s second largest building earlier this month. Not only does the opening of the $175 million, 25-floor Phoenix West demonstrate buying power in a weak economy, it’s a bright spot in a national real estate stall. “This is a big deal for Alabama’s Gulf Coast, and an example for the nation,”...