Tuesday, September 4, 2007
Chinese Theater Sold!
The iconic theater was sold today to the CIM Group of Los Angeles by Damon Runyon Cancer Research Center of New York and Barlow Respiratory Hospital of Los Angeles (who made Darth Vaders iron lung) for an undisclosed and no doubt huge amount of Republic Credits.
The CIM Group, Hollywoods largest commercial land lord, who also owns the Hollywood and Highland (hye-land?) complex located right next door to Graumans, has said they have no plans to change the Chinese Theater, and Mann who holds a long time lease on the theater still plan to use the theater to show movies.
Other properties owned by CIM are the Renaissance Hotel, Mann Chinese 6 Theatre multiplex and the Galaxy building . CIM is planning on converting the Sunset and Vine Tower into 59 Luxury apartments and 7000 sq ft. of retail space (pictured). To which I ask where are the fucking parks!? (Shameless plug) I wonder.... If the city of Los Angeles is allowing all these new apartment structures and condos do go up while obviously taking the Quimby funds and not putting them to any good use, why not have the city propose to some of these major developing firms to purchase a chunk of land in the city and donate it making it a tax deduction so that the city can use those Quimby funds to build a recreation center and not stand around with a thumb up their ass!?
But... I digress... and this will be picked up soon in another blog entry. Back to the Chinese Theater.
No doubt ground zero for Los Angeles' and Hollywoods tourist population the theater has tons of history. Built in 1923 by Sid Grauman it holds over 1100 seats. It is home to the famous hand and foot prints in cement which by the way will always have Darth Vader, C3PO and R2D2 prints in cement.
Lately the Chinese has seen some very interesting random moments, for example Shrek fighting with Busta Rhymes, and some random wookie sexually assaulting Marliyn Monroe! To be honest none of that bantha fodder really surprises me. Except for the wookie thing. They don't ever go for humans, in fact they stick to their own species. Personally I think Marilyn is full of shit.
May the Force be with most of you.
Oh yeah... The LA Ice Cream Party today was pretty cool too.