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Tiki Central Forums General Tiki Trader Vic's(Beverly Hills)fate sealed? Not if we can help it!
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Trader Vic's(Beverly Hills)fate sealed? Not if we can help it!
Swamp Tiki
Tiki Socialite

Joined: Feb 08, 2006
Posts: 158
From: The Shadowy Moss Draped South
Posted: 2007-02-03 11:51 am   Permalink

You are right. But corporate owners tend to act differently in the face of public concern (a.k.a. outcry) from time to time. Historic Preservation is a growing concern in many communities around the country. There are considerable tax incentive programs that benefit historic income producing properties that many business owners and corporation heads currently know little about. Efforts such as this bring these incentive programs into the limelight and can have positive effects. Nothing can be accomplished if we just sit around and assume that nothing can be done. Hell, Trader Vic's is eligible for a 10 year tax freeze and several preservation grants that would aid in any restoration and/or rehabilitation costs. We can assume that their accountants are aware of this, but probably not. This information is primarily researched by preservation attorneys and accountants, specialists in the field. A "devil's advocate" is always needed for balanced debate, but not for shutting interest and action down.

Swing over to the updated thread in General Tiki for updated material.

Thanks,
Swamp


 
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christiki295
Tiki Socialite

Joined: Apr 09, 2003
Posts: 3818
From: LA-2547 mls east Hawaii &5500 Easter Is
Posted: 2007-02-03 9:28 pm   Permalink

Quote:

On 2007-02-03 11:51, Swamp Tiki wrote:
You are right. But corporate owners tend to act differently in the face of public
Trader Vic's is eligible for a 10 year tax freeze and several preservation grants that would aid in any restoration and/or rehabilitation costs.



Very interesting.
Does this apply to Trader Vics, or the landowner?
I'm assuming TV is the lessee, not the owner.


 
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Swamp Tiki
Tiki Socialite

Joined: Feb 08, 2006
Posts: 158
From: The Shadowy Moss Draped South
Posted: 2007-02-04 08:32 am   Permalink

Primarily to the landowners. Historic properties under long term lease agreements is something that hasn't come up before in my dealings...I'm checking into that one first thing on Monday when I get into the office...Hmmmm

Swamp


 
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SoccerTiki
Grand Member (8 years)  

Joined: Feb 24, 2005
Posts: 1829
From: TheSoccerTikiGrotto, Island of LongBeach
Posted: 2007-02-06 5:37 pm   Permalink

TONIGHT ON KCET (LA & ORANGE COUNTIES AREA) at 6:30pm there will be a special on the clash between glitz and culture....It's all about the Trader Vic's at the Beverly Hilton. Should be very informative!!! Can anyone tape itand put it here???

 
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PEDDRO
Tiki Centralite

Joined: Feb 29, 2004
Posts: 64
From: Coburg VIC, AUSTRALIA
Posted: 2007-02-11 6:00 pm   Permalink

How sad to hear this news about Trader Vics! I was in Beverley Hills only a few weeks ago but we gave TVs a miss. IDIOT!

I wish you all luck in your fight. Your persistence is going to be the key.


 
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Ojaitimo
Tiki Socialite

Joined: Aug 04, 2006
Posts: 1317
Posted: 2007-02-16 07:56 am   Permalink

Please join us tomorrow at Trader Vic's bar sundown for our planning pow wow for the March 17th event.


Life is a state of mind

[ This Message was edited by: Ojaitimo 2007-02-16 07:56 ]


 
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Ojaitimo
Tiki Socialite

Joined: Aug 04, 2006
Posts: 1317
Posted: 2007-02-19 10:21 am   Permalink

Great turnout , here are a few pictures from the other night and the rest are posted on TC to save TV.

















 
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christiki295
Tiki Socialite

Joined: Apr 09, 2003
Posts: 3818
From: LA-2547 mls east Hawaii &5500 Easter Is
Posted: 2008-02-24 4:41 pm   Permalink

Quote:

On 2007-01-19 18:08, freddiefreelance wrote:
This sounds a little more definite than the Condo idea, since Waldorf would be an extension of the Hilton name, but there'll still be opposition from the locals. Enough of this and they may be forced to try something different to recoup the money put into the Hilton.




I wonder if the Waldorf will have the Polynesian Room or the Tahitian Room, like the version in British Columbia.
http://www.tikiroom.com/tikicentral/bb/viewtopic.php?topic=15525&forum=2


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Ojaitimo
Tiki Socialite

Joined: Aug 04, 2006
Posts: 1317
Posted: 2008-02-29 2:48 pm   Permalink


Life is a state of mind









[ This Message was edited by: Ojaitimo 2008-02-29 14:50 ]


 
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Son-of-Kelbo
Tiki Socialite

Joined: Aug 03, 2004
Posts: 590
From: NOHO, CA
Posted: 2008-02-29 3:39 pm   Permalink

Quote:

On 2008-02-29 14:48, Ojaitimo wrote:

Life is a state of mind



"...Pangloss used now and then
to say to Candide:

'There is a concatenation of all events in the best of possible
worlds; for, in short, had you not been kicked out of a fine castle
for the love of Miss Cunegund; had you not been put into the
Inquisition; had you not traveled over America on foot; had you not
run the Baron through the body; and had you not lost all your sheep,
which you brought from the good country of El Dorado, you would not
have been here to eat preserved citrons and pistachio nuts.'

'Excellently observed,' answered Candide; 'but let us cultivate
our garden.'"


Perhaps the best of all possible worlds may lie in what one chooses to make
of their own tiki bar (or hut, or backyard, or website),
and in how one may look to the proper tying of their own thatch.

_________________
"Don't let it be forgot,
That once there was a Spot,
Where Blowfish all wore sunglasses,
and Tiki-times were hot..."
SOK



[ This Message was edited by: Son-of-Kelbo 2008-03-06 09:06 ]


 
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procinema29
Tiki Socialite

Joined: Jul 31, 2003
Posts: 474
From: los angeles
Posted: 2008-03-01 10:15 am   Permalink

Whoa.

 
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Bora Boris
Mr. Unreasonable

Joined: Mar 25, 2005
Posts: 2585
From: Boogie Wonderland
Posted: 2008-04-22 7:50 pm   Permalink

The final nail in the coffin.

Here's the story for when the link expires or for those too lazy to click.

Beverly Hills approves condo project

A $500-million condo-hotel plan may also win City Council passage. Many residents are concerned about traffic congestion.

By Martha Groves, Los Angeles Times Staff Writer
April 11, 2008

If you hate to sit in traffic at the intersection of Wilshire and Santa Monica boulevards, prepare to discover your inner reserves of patience.

To the dismay of residents wary of overdevelopment, the Beverly Hills City Council has approved a high-rise condo and retail project for the eight-acre site of the defunct Robinsons-May department store.

What's more, the council is expected Tuesday to approve an ambitious $500-million proposal by the Beverly Hilton to add condos and the West Coast's first Waldorf-Astoria Hotel to the mid-century Hilton's fabled site. The two projects would be next-door neighbors at Wilshire and Santa Monica, one of the busiest intersections in the region.

Many Beverly Hills residents for years have been battling what they perceive to be uncharacteristically tall and dense development in the historically low-rise community. Construction of the Montage Beverly Hills, a large luxury resort hotel with condos, is well along in the city's Golden Triangle commercial district, and several other mixed-use projects are in the pipeline.

Mayor Barry Brucker said the 9900 Wilshire project, approved by a 4-1 vote Wednesday evening, would secure about $60 million in upfront fees for Beverly Hills -- "more than any other project in the history of the city" -- to help fund street improvements and other work. He added that the project would result in less traffic than Robinsons-May in its fading days.

The Hilton project, on the other hand, would create a great deal more traffic than the current hotel generates. Moreover, residents face the prospect of sharing the road with construction workers and their equipment for many months.

Critics of the 9900 Wilshire project contend that the city's planning commission and council needlessly rushed the approval process by holding twice-weekly meetings in recent weeks.

The frequency made it difficult for residents to participate, opponents said.

"Everybody knew they were going to approve it -- the steam-rolling train going down the track," said Ken Goldman, president of the Southwest Homeowners Assn. "I'm very sorry that both the commission and council didn't take time to catch their breath and give the community a chance to absorb what was going on."

The 9900 Wilshire project would include a small amount of retail and restaurant space and 235 ultra-luxury condo units in two buildings -- one beginning at nine stories and stepping up to 13 and the other starting at 13 stories and rising to 15.

The developer eliminated 17 units from what was originally proposed for the site, at the western gateway to Beverly Hills next to the Los Angeles Country Club.

Goldman maintained that the buildings "create a Great Wall of China of Beverly Hills, and I felt that was unfortunate regardless of how striking an architectural statement it might be." The project's designer is Richard Meier, the architect of the Getty Center.

Candy & Candy, a London-based firm known for building "super-premium" residences, bought the property a year ago for $500 million from New Pacific Realty, a Beverly Hills firm that had paid $33.5 million just three years earlier. New Pacific was planning to spend $500 million to redevelop the site with a number of environmentally innovative elements.

J.A. Mirisch, a Beverly Hills film distributor and local blogger, said the council should have gotten a better deal with the 9900 Wilshire developer. He said he hopes that homeowner groups figure out a way to fund an effort to put the two projects on the ballot. "Having a referendum . . . would be a great course of action," he said. "It would serve as a referendum on overdevelopment in general."

BOO!

_________________


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christiki295
Tiki Socialite

Joined: Apr 09, 2003
Posts: 3818
From: LA-2547 mls east Hawaii &5500 Easter Is
Posted: 2008-04-22 11:14 pm   Permalink

Time to hit Trader Vics Lounge while it is still there.
Good times last week when I was there.

I wonder what is going to happen to that enourmously tall TV tiki?


 
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donhonyc
Tiki Socialite

Joined: Jan 13, 2003
Posts: 1173
From: The Quiet EAST Village
Posted: 2008-04-23 12:17 am   Permalink

Wow..that really sucks!!! Reminds me of all of the needless overdevelopment here in NYC. I may be living in Los Angeles for a month this summer and I was really looking forward to going to the TV lounge a few times at least. I was there last October, and although I missed the REAL TV's restaurant (that I got to visit once around 1994) I was still glad they had SOMETHING there. Is it possible that Trader Vic's could set up shop somewhere else in LA? It seems like there's a good market there for them and it's not like they're closing this location due to bad business. Does anybody know when they are slated to close it....AGAIN!

Is it just me or are all of these 'developers', no matter where they choose to crap out their condos around the country, aren't they just sucking all the fun and life out of these towns and cities? Other than the obvious benefits to those who can afford to build and buy these things, what the hell is so great about high-priced residential property and the 'economies' the spawn? Seems to me all it does is f*ck over the community, bulldoze property that should be landmarked, and spoil the landscape with alot of ugly structures that were just farted out in a hurry by some millionaire board of directors. I would say that this is really starting to piss me off...but it already has!! Is the general public interested in anything except needless consumption and prick waving? Goddam..the higher the prices go, the lower the bar is set for life as we know/knew it.


 
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Koolau
Tiki Socialite

Joined: Sep 23, 2006
Posts: 323
From: Oahu, Hawaii
Posted: 2008-04-23 12:57 am   Permalink

I'm not so sure about the needless consumption, but count me in for the prick waving!

 
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