Los Angeles Newsletter_March 2017

Rodeo Realty News LOCAL EXPERTISE, GLOBAL PRESENCE Los Angeles

March 2017

INSIDE THIS ISSUE SMALL LOT HOMES PLANNED FOR EAST HOLLYWOOD MIXED USE PROJECT AT FAIRFAX & SAN VICENTE BEL AIR MANSION IS MOST EXPENSIVE HOUSE

Community News Another tower to be built near LA Live

Small lot homes planned for East Hollywood

Construction in the South Park area of downtown Los Angeles doesn’t appear to be letting up, with plans for a large hotel being announced recently.

Located at 913 South Figueroa St., the project calls for a 73 story tower, holding 220 hotel rooms and 200 condos, as well as over 94,000 square feet of commercial space. The project will be built in the parking lot next door to the classic Hotel Figueroa, and if completed as planned, will be the 3rd tallest building in Los Angeles. Other hotel projects underway in the area include Hotel Indigo at Francisco and Eighth, and the Olympia complex located at Georgia and Olympic.

Meanwhile, two 35-story apartment towers are being planned at 1200 S. Figueroa, adjacent to the Staples Center.

Plans have been filed with the City of Los Angeles to divide a plot of land near Barnsdall Park in order to build 21 small residences.

The development would be located at 4773 Hollywood Blvd., where the Center for Inquiry is presently located. Few other details can be ascertained from the filed plans, aside from a request to build 36 foot structures, 6 feet higher than zoning currently allows. This project marks the second residential development planned for the area in recent months. A block west from the proposed subdivision is the Olive Hill project, which will feature 200 new apartments.

Community News Mixed-use project at Fairfax and San Vicente

A recent report from the rental website Zumper Construction is underway on the Broadstone Fairfax, a mixed-use project located near Carthay Square, at the intersection of Fairfax and San Vicente. The five-story building will contain 149 residential units and approximately 4300 square feet of retail space. Developed by the Cunningham Group, the project is designed to be environmentally friendly, utilizing photovoltaic panels and construction materials that minimize solar heat gain. The building will feature both townhomes and apartments, with ammenties such as an outdoor pool and roof decks.

Bel Air mansion is most expensive residence for sale in U.S.

Eclipsing the previous record by $65 million, the most expensive residence ever listed in the United States is a 38,000 square foot mansion in Bel Air, currently available for $250 million. Built on a speculative basis by developer Bruce Makowsky, the megamansion includes 12 bedrooms, 21 bathrooms, 6 bars, and 3 kitchens. Perhaps resembling a museum more than a home, the property also includes 100 art installations and an “auto gallery� with $30 million of rare cars.

Makowsky previously made news by selling a spec mansion to Minecraft creater Markus Persson in 2014. According the The Hollywood Reporter, Makowsky believes that perhaps only 3,000 people in the world could afford to purchase the house.

Restaurant

Spotlight

Sumo Dog

The Venue

Birds & Bees

516 S. Western Avenue, Los Angeles

3470 Wilshire Blvd., Los Angeles

207 S. Broadway, B, Los Angeles

Coachella pop-up Sumo Dog has brought its fancy hot dogs from Palm Springs to Koreatown, opening a small storefront. Hot dogs with Asian flavors is the main focus here. Their menu includes eight different hot dogs, which can be made with pork sausage, waygu beef or vegan. Their signature, the Sumo Dog, is topped with picked peppers, wasabi relish, spicy mayo, teriyaki sauce, furikake, and seaweed. Their Bacon Bahn Mi comes wrapped in bacon, and then topped with shreds of daikon and carrot, cucumber, cilantro, jalapeño, fish sauce, spicy mayo and lime.

Sumo Dog also offers fries, tater tots, and tots made with sushi rice.

For dessert, try their soy milk softserve, a creamy non-dairy treat.

Sumo Dog is open until 10 p.m.

Sunday – Wednesday, and until 2 a.m. Thursday – Saturday.

The Venue is a one-stop dining and singing spot with more than a dozen karaoke rooms. The dinner menu for the main dining room here includes items such as beets and goat cheese salad, yellowtail crudo, short ribs with horseradish cream, roasted chicken and steaks.

For those heading straight to the private karaoke rooms, there’s a smaller bar food menu, which includes towering platters of chipotle maple chicken wings, beef sliders and fried mac and cheese.

The drink menu here is fun and full of options, from fruity tikiinspired crushed ice-and-vodka drinks to spicy Serrano chili tequila concoctions and classic whiskey cocktails. The underground restaurant is open daily from 6 p.m.

– 2 a.m.

If you’re looking for a new hidden bar/cocktail lounge, Birds & Bees is the place to be. The entrance to this 50s-themed bar is through a parking lot, along a fence, down a flight of stairs, and through an unmarked door. The 120-seat industrial-chic drinking hole is underground in Downtown LA. The drinks here are named after icons like Ella Fitzgerald and Doris Day, bringing back the divas to life via the presumed style of cocktail they’d have drunk. You can also explore a realm of classics lost in time such as the Cloak & Dagger, which has aged rum, blackstrap rum, overproof rum, falernum, and lime. Birds & Bees is open Monday – Thursday from 5 p.m. – Midnight, Friday – Saturday from 5 p.m. – 2 a.m., and is closed on Sundays.

SIGHTS & SOUNDS in LOS ANGELES

LACMA

The Broad

5905 Wilshire Boulevard Los Angeles, CA 90036

2210 South Grand Avenue Los Angeles, CA 90012

CURRENT EXHIBITION:

CURRENT EXHIBITION:

Picasso and Rivera: Conversations Across Time December 4, 2016 - May 7, 2017

Creature November 5, 2016 - March 19, 2017

The current exhibition compares and contrasts two of the most successful and most self-aware artists of the 20th century, Pablo Picasso and Diego Rivera. Tracking their training, their careers, and their impact on modern art, the exhibit includes 150 paintings, etchings and watercolors presented alongside ancient objects from antiquity.

Annenberg Space for Photography 2000 Avenue of the Stars #10 Los Angeles, CA 90067 CURRENT EXHIBITION:

The Broad’s new featured exhibition, occupying its first floor galleries, is a selection of pieces representing various views of selfhood and the human experience. Artists featured include Georg Baselitz, Joseph Beuys, Jean-Michel Basquiat, Ellen Gallagher, Leon Golub, Jenny Holzer, Damien Hirst, Takashi Murakami, and Andy Warhol. Thomas Houseago’s Giant Figure (Cyclops) is shown in the U.S. for the first time.

Fashionable Likeness: Pastel Portraits in18th-Century Britain Degas: “Russian Dancers” and the Art of Pastel November 1, 2016 - May 7, 2017 The Getty is currently featuring two exhibitions that focus on fine art created with pastels. The first focuses on classical portraits created in Great Britain in the 18th century, particularly of the nouveau riche.

The second delves into the pastel drawings of impressionist painter Edgar Degas, who is most known for his works depicting dancers.

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