NEWS
By Mark Kellam, mark.kellam@latimes.com | December 21, 2012
The number of foreclosed homes that sold in the Glendale region plummeted in November to only a handful, according to the latest real estate figures Four bank-owned properties sold last month, a dramatic decline from 23 in November 2011, according to statistics compiled by Realtor Keith Sorem with Keller Williams in Glendale. In the La Crescenta-Montrose area, only one bank-owned property sold in November, compared to six the same month last year. Broker Hamlet Nersesian, who owns Armex Realty in Glendale, said the drop in bank-owned properties for sale is a mystery.
NEWS
By Melanie Hicken, melanie.hicken@latimes.com | November 13, 2010
CITY HALL — With the flood of iconic high-rises that were supposed to transform downtown having been halted by the economic recession, Glendale's skyline won't be changing anytime soon. During a 2008 hearing on Verdugo Gardens, a planned 24-story luxury condominium complex, city officials predicted the project would help transform downtown into a bustling residential area. "It's going to be a signature building," Councilman Frank Quintero said at the time. "This is going to introduce a new type of residential living in the city.
BUSINESS
By Zain Shauk | December 30, 2009
DOWNTOWN — Sales of the Americana at Brand’s Excelsior condominiums have steadily grown since owner Caruso Affiliated dropped unit prices by as much as 40% this summer, with more than half of the project now sold, company officials said this week. Fifteen of the 100 units were sold before Caruso Affiliated launched an aggressive ad campaign in May, plastering banners on the walls of the Americana that promoted condos as “priced below cost.” Some units sold at a discount of more than $100,000, executives said.
LOCAL
By Veronica Rocha | September 30, 2009
GLENDALE — Los Angeles County Board of Supervisors approved Tuesday to extend a $20,000 reward for information leading to the arrest and conviction of the person who killed 83-year-old Jean Clinton Roeschlaub in her downtown Glendale condominium more than three years ago. Supervisors have extended the reward, which was established in January, twice this year, hoping to help Glendale detectives with leads on the cold case. Clinton Roeschlaub was the co-owner of the historical Clifton’s Brookdale Cafeteria in downtown Los Angeles.
LOCAL
By Veronica Rocha | January 22, 2009
GLENDALE — Donald Clinton still has a hard time with the fact that his sister’s killer remains on the loose more than two years after her death. He doesn’t know who could have killed his sister, Jean Clinton Roeschlaub, the co-owner of Clifton’s Brookdale Cafeteria, in her Glendale condominium Aug. 2, 2006. “We can accept it, but it is hard,” Clinton said, referring to himself and other family members. Glendale Police detectives have run into a dead end in their investigation, Glendale Police Det. Keith Soboleski said, declaring the slaying a cold case.
BUSINESS
By Jeremy Oberstein | October 6, 2008
Beset by a distressed economy and a soaring number of city inspections, the FourOneSix mixed-use condominium project on Broadway Avenue has pushed back its opening to January and will wait until its debut to push ahead with unit sales, officials said Friday. After the project was approved more than two years ago, officials have sold just 14 of 115 units, according to officials with the development firm Intercorp, which is overseeing the project. The sprawling mixed-use complex between Jackson and Kenwood streets in downtown Glendale includes 9,463 square feet of retail space and more than 100,000 square feet allotted for residential units.
NEWS
By Jason Wells | January 30, 2008
CITY HALL — For the fourth time in two years, the City Council on Tuesday voted 3-2 to reconsider how to reconcile condo conversion projects that do not meet the city’s low-density requirements with the desire to provide more affordable housing. The vote came amid concerns that the city’s current policy for evaluating and approving the conversion of apartments into for-sale condominiums against strict, low-density zoning requirements may be discouraging developers from taking the projects on. Many of the older apartment buildings do not meet the requirements for more per-unit parking and other current standards, but are allowed to exist unchanged under a grandfather clause.
NEWS
May 18, 2007
The following crime reports for La Crescenta, La CaƱada, Montrose and Glendale were taken from the Crescenta Valley Sheriff’s Station and Glendale Police Department. Sunday, May 13 3 Berkshire Place, LCF someone spray-painted graffiti on a concrete bridge and nearby private property. Saturday, May 12 4100 Block of La Crescenta Ave., LCR someone entered the 20 unit condominium complex’s underground garage and stole construction supplies.
NEWS
By Charles Cooper | December 29, 2006
The Glendale Planning Commission has approved a tentative subdivision map for a 20-unit project under construction at Montrose and La Crescenta. The commission was limited in its consideration to whether the units can be marketed as apartments or condominiums, according to deputy city attorney Michael Garcia. Garcia told the commission that the project has all its permits and has received environmental clearance. The only way other issues could be considered was if the commission determined the subdivision map action opened other mitigation issues.
NEWS
By John Drayman | October 26, 2006
As residents, we are once again facing intrusive development in our backyards that threatens to encroach upon our neighborhoods, our hillsides and our quality of life. I am referring, of course, to the proposed high school and condominium project in Mountain Oaks ("Mountain Oaks plan proceeding," Oct. 14). I grew up blocks from this natural wonder and spent a good deal of my childhood hiking in the hills surrounding this area and learning to appreciate the beauty and tranquillity of this open space.