Quote:
Originally Posted by LACityRat
Interesting story . . . Candy & Candy just purchased an unentitled development site for about 250 ultra-high end condos behind the Beverly Wilshire Hotel. They paid about $2m per door for land acquisition - which is unheard of in southern California. Candy & Candy believes that the [SIZE=4][FONT=Comic Sans MS][SIZE=2]Über Rich will pay upwards of $8,000 per square foot to live in Beverly Hills.
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You mean the "The Regent Beverly Wilshire Hotel" right? You're not referring to the sale of the old Robinsons-May department store to C&C by the Beverly Hilton are you?