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Caruso Affiliated

By Jason Wells | March 13, 2009
GLENDALE — A Caruso Affiliated proposal to host a Sunday farmers market at the Americana at Brand is threatening to produce yet another standoff with a local business owners. The Montrose Shopping Park Assn. and other community leaders are protesting the proposal as a direct affront to the Harvest Market, which has operated every Sunday for seven years on 2800 block of Honolulu Avenue. “This is a delicate economy right now and a place the size of Montrose just isn’t in a position to take a whole lot of hits,” said Dale Dawson, president of the shopping park association, which sponsors the market.
February 19, 2009
Free parking is not the solution This is in response to a letter by Claude W. Soderstrom (“Parking charge is bad for business,” Jan. 1) regarding minimal fee charges for parking at the Americana at Brand. Any time you do last-minute holiday shopping at 3 p.m. Christmas Eve, you’re taking risks in finding available parking. Next to Black Friday, Christmas Eve is the second busiest shopping day of the year. Soderstrom calculated the numbers from the roof the Galleria Parking Structure, which fronts the Americana garage to the north.
By Jeremy Oberstein | January 7, 2009
GLENDALE — Cash-strapped General Growth Properties Inc. will pay the owner of the Americana at Brand $48 million to resolve a four-year-old legal dispute concerning commercial tenants at the new outdoor mall, officials announced Tuesday. The settlement, reached in Los Angeles Superior Court on Monday, fell far short of the $89.2 million General Growth owed to Caruso Affiliated Holdings LLC in compensatory and punitive damages after losing a 2007 trial that centered on the Cheesecake Factory.
By Herbert Molano | January 3, 2009
Let the bells ring, let the fireworks fly. It’s the newsmaker of the year: Rick Caruso! What a resounding way to close out the year. The Glendale News-Press could not have chosen better. In the year when American car-makers’ chief executives stretched out their arms for a handout, we celebrate what may be California’s premier subsidy-seeker — Caruso Affiliated — as the epitome of American business acumen. It’s so appropriate that no cynical scriptwriter could have come up with a better year-end recognition.
December 30, 2008
Americana opens to fanfare, recession 1The Americana at Brand, the $435-million mixed-use behemoth that as a proposal divided a community and sparked a bitter war with the owners of the Glendale Galleria, opened in May to a star-studded reception. With the likes of Gov. Arnold Schwarzenegger, Natalie Cole and Tony Bennett there to increase the wattage, Americana developer Rick Caruso, president and chief executive officer of Caruso Affiliated, handed over his latest outdoor retail complex to Glendale.
November 22, 2008
The decision to carry on with a grand holiday fireworks display last week at the Americana at Brand as thousands of residents throughout the Southland fled out-of-control fires elicited a strong rebuke this week from residents and City Council members, who called the move “dumb-headed” and “ill-advised.” In the days following the Nov. 15 fireworks show, residents called and e-mailed city officials and the media to complain about the public safety implications of allowing the display amid smoke-filled air, and the insensitivity they said it showed to those who lost everything in what officials called the most devastating fire disaster to have hit the Los Angeles region.
June 2, 2008
Emergency officials to get housing break Caruso Affiliated is discounting the price of rent for firefighters, police officers and paramedics in one-bedroom apartments at the Residencies, a collection of 238 luxury living quarters above the Americana at Brand. The “First Responder Program” will knock 10% off the monthly price for emergency officials at the high-end residential site, where rent for a one-bedroom apartment is starting at $2,260, officials said.
By Ryan Vaillancourt | May 6, 2008
DOWNTOWN ? While the recently opened Americana at Brand has been the center of attention for months in Glendale, the neighboring Glendale Galleria is quietly looking to benefit from new shoppers in the city and maintain its slot as a regional retail powerhouse. Opening weekend at the Americana brought the expected flood of traffic to Brand Boulevard and Central Avenue that some have already lamented and others cheered as proof that the $435-million Caruso Affiliated project would deliver new shoppers to Glendale.
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