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Friday, May 18, 2012

Another Spin for Judy Garland's Place


Her Kansas home in "The Wizard of Oz" flew through the air. Now a Bel-Air house that was home to a young Judy Garland has flipped, selling for the second time since last year for $6,772,669.

The Wallace Neff-designed house sold in 2011 for $5.2 million and was then updated and renovated.

The two-story traditional, built in 1938, sits on about 2.5 acres. The 5,513-square-foot house features dormer and bay windows, white columns, French doors, five bedrooms and 6 ½ bathrooms. Outdoor amenities include a swimming pool and a detached studio.

Garland, who played Dorothy in the 1939 classic, died in 1969 at 47. The actress and singer received an honorary Oscar in 1940 for her performances in "Oz" and "Babes in Arms" and was later nominated for her work in "A Star Is Born" (1955) and "Judgment at Nuremberg" (1961).



Julie Andrews' Brentwood Home Isn't Going for a Song

Singer and actress Julie Andrews has listed the Brentwood house she owned with her late husband, director and screenwriter Blake Edwards, for $2.649 million. Less than a month after coming on the market, the tidy white home with gray shutters is already in escrow.

The traditional-style house features a family room and living room with French doors opening to a fanciful garden that appears to be "practically perfect in every way" to borrow a phrase from "Mary Poppins." The formal dining room has a cathedral ceiling and glass walls. An artist's studio with a bathroom sits above the garage for a total of four bedrooms and three bathrooms.

The less than quarter-acre lot is surrounded by tall hedges and is gated -- no doubt discouraging neighbors from nipping over to borrow a spoonful of sugar. There is a swimming pool and spa.

Andrews, 76, starred in musicals including "My Fair Lady" and "Camelot." She won a lead actress Oscar for "Mary Poppins" (1964) and starred in "The Sound of Music" (1965), "Thoroughly Modern Millie" (1967) and the "Princess Diaries" films in 2001 and 2004. More recently she voiced Gru's mom in "Despicable Me" (2010) and the queen in "Shrek Forever After" (2010). Last year she received a Grammy Award for lifetime achievement.

Edwards, who died in 2010 at 88, received an honorary Oscar in 2004 for his work including such films as "Breakfast at Tiffany's" (1961), "The Great Race" (1965) and the "Pink Panther" films.

Public records show the property was purchased in 1989 for $1.2 million.

Studio Has Been Sound Checked



A former home of Andrews' also is up for sale. Film producer Stacey Sher and musician Kerry Brown have listed the house in the Beverly Crest area at $5.795 million.

Originally designed by Wallace Neff, the 1948 house was later remodeled. The 1.61-acre site includes a 7,800-square-foot main house, a 2,480-square-foot guesthouse, a separate building with a bathroom, a tennis court, a basketball court, a swimming pool and waterfalls.

The living space features beamed ceilings, stained-glass windows, brick, stonework, mahogany doors and six fireplaces. There are five bedrooms, five bathrooms, a screening room, a den and a gym in the main house. The four-bedroom, three-bathroom guesthouse contains living and dining rooms, a kitchen, a den, an office and recording studio space.

Among artists who have recorded at the studio are Courtney Love, Ziggy Marley and the Strawberry Alarm Clock. It has also been the site of music recorded for the films "P.S. I Love You" (2007) and "Death to Smoochy" (2002).

Sher, 49, is in New Orleans working on Quentin Tarantino's upcoming movie, "Django Unchained." Her production credits include "Pulp Fiction" (1994), "Erin Brockovich" (2000) -- for which she shared an Oscar nomination -- and the series "Reno 911!" (2004-09).

Kerry, 48, has played drums with the groups Catherine, the Smashing Pumpkins and Spirits in the Sky. His music editor and production credits include "Along Came Polly" (2004) and the series "Jessica Simpson: The Price of Beauty" (2010).

Monday, May 14, 2012

Miami Enjoys Tourism Boost From Global Volvo Ocean Race, Only North American Stop


(Miami, FL) - This week Miami welcomed the Volvo Ocean Race fleet, a global sailing event, with much fanfare. And as it turns out, Miami has a lot to be thankful for being the only North America stop-over on their global trek. Money.

Considered one of the most prestigious sail events in the world with a global following, the 14-day Volvo Ocean Race festival scheduled in downtown Miami's Bicentennial Park will be taking place from May 6th-20th, and will attract more than 200,000 visitors worldwide including tourists, locals and sailing enthusiasts alike.

Don Poole.jpg
Don Poole
Volvo Ocean Race Miami's board member and President Don Poole previously told World Property Channel, "Several months ago in our application to the Florida Sports Commission we indicated that we believed that our event would generate around 7,000 room nights locally. We now know that Volvo North America has booked 900 people for 4 nights, 3,600 rooms. The six Volvo Race teams have booked on average 40 rooms for 14 days and the Volvo Race Corporate organization has booked 35 rooms for at least 14 days. When you do the math you can see that we will easily reach the 7,000 room night target and that's just the booked rooms we know about now."

JW Marriott to Make Caribbean Debut


Santo Domingo, Dominican Republic) -- Marriott International's world-class luxury hotel brand, JW Marriott Hotels & Resorts recently announced plans to open a new 131-room JW Marriott Hotel in Santo Domingo, the capital of the Dominican Republic, in 2014. The mixed-used residential and commercial property will be operated by Marriott under an agreement with Grupo Velutini, a Panamanian subsidiary of Fondo de Valores Inmobiliarios (FVI).

The official announcement event took place at the hotel site inside of the Blue Mall with participants including President Leonel Fernandez, Marriott International chairman J.W. Marriott, Jr., Grupo Velutini owner/president Luis Emilio Velutini, and Rob Steigerwald, chief operating officer, Americas, Marriott International.

"The Dominican Republic is a highly desirable destination for today's luxury traveler and a growing business hub in the Caribbean," said J.W. Marriott, Jr., chairman of the board, Marriott International.

"This makes it ideally suited for our JW Marriott brand, which is now in 22 countries around the world."

 Located in the Piantini area, Santo Domingo's primary business, commercial and residential district, the JW Marriott Santo Domingo will be located in the first seven floors of a 15-story mixed-use tower being built above the existing Blue Mall Santo Domingo, which opened in 2010 and features 20,000 square meters of commercial space over six floors, including high-end retail such as Louis Vuitton, Cartier, Salvatore Ferragamo and Carolina Herrera.

"We are thrilled to be bringing the JW Marriott brand of luxury to Santo Domingo," said Luis Emilio Velutini, owner and president of Grupo Velutini.  "And with its prime location above the Blue Mall and in close proximity to major businesses, we know that it will be successful."

In addition to 131 guest rooms and suites, the hotel will feature a three-meal-a-day restaurant, a lobby bar and lounge and a pool snack bar.  It will have 589 square meters of meeting space, including a ballroom and two smaller rooms; as well as a fitness center and swimming pool.

The primary architect for the project is Gomez Vasques Aldana Asociados, a well-known Mexican firm with extensive experience in the hospitality industry throughout Latin America and in Santo Domingo.

"We are fortunate to begin this partnership with Mr. Velutini and FVI, which has one of the largest real estate portfolios in Latin America," says Laurent de Kousemaeker, chief development officer for Marriott International, Inc. in the Caribbean & Latin America "We currently have two other hotels in Santo Domingo and believe that the JW Marriott luxury brand will be very well received in the city."

Currently, there are 53 JW Marriott hotels in 22 countries. By 2015 the portfolio will encompass 80 properties in 29 countries.