Earlier this month, Lincoln Property Company announced that Verve Talent & Literary Agency is relocating its global headquarters to BA/SE, an office complex located at 959 Seward Street in the Hollywood Media District.
Photo of Hollywood 959J.H. Snyder Co.
Verve will occupy 53,000 square feet of space in the campus, which was developed by J.H Snyder Co. and purchased by Lincoln Property Company, which has since added a food and beverage kiosk, new outdoor patios, and other amenities.
Verve was represented by CBRE vice chairman Jeff Pion, while BA/SE was represented by Kent Handleman and Douglas Brown of Lincoln Property Company.
Here's what we're reading this week:
Hurricane Hilary is upgraded to Category 4, amplifying danger to Southern California "Projections show the storm has about a 50% chance of hitting Southern California late Sunday or early Monday as a tropical storm, meaning sustained winds at or above 39 mph. Hilary strengthened into a Category 3 hurricane Thursday." (LA Times)
CicLAvia—Koreatown meets Hollywood Cancelled While event organizers had originally vowed to press on rain or shine, a look at the forecast in the days ahead has prompted a reconsideration: CicLAvia's August 20th event is officially canceled. Hope for better weather next time! (CicLAvia)
L.A. Housing Department Demands Residential Hotels Stop Renting Rooms to Tourists "The Los Angeles Housing Department has sent warning letters to the owners of 17 buildings meant for low-cost housing, demanding that they stop renting rooms to tourists in violation of city law." (LAist)
Project overview for C Line extension to TorranceMetro
Recent Poll Show Community Support for C Line (Green) Extension to Torrance Project Metro claps back at the Torrance City Councilmembers who have recently come out in opposition to the C Line extension (The Source)
Eyes on the Street: New La Brea Bus Lanes are Open "The initially announced ~5.9 miles of bus lane were whittled down to just ~2.5 miles installed in the current project. City Councilmember Heather Hutt continues to block implementation below Olympic Boulevard." (Streetsblog LA)
In Reversal, Feds Approve One Of Bass’ Biggest Requests To Speed Up Homeless Housing "Instead of having to gather a variety of bank statements, tax filings and other proof of income before being able to move in, the waiver allows the city to move unhoused people in first and provide their paperwork later." (LAist)
Noise pollution precedent set by People’s Park case blocks housing in LA "The city of Los Angeles’ defeat is believed to be the first of its kind to rely on the infamous Berkeley noise precedent. The appeal is focused on a proposed rooftop deck, which appellants worry will generate too much noise." (Daily Cal)
WSAB Transit Corridor Rename the Project Submit suggestions to do exactly what the name of the website says by September 29 and you could win a $100 gift card (Rename WSAB)
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