L.A. developer seeks to sell Midtown properties

kAm{@D p?86=6D\32D65 t{z s6G6=@A>6?E @H?D E96 EH@\A2C46= AC@A6CEJ[ 92G:?8 A2:5 Sc[fad[___ 7@C :E :? $6AE6>36C a_aa WC625 k2 9C67lQ9EEADi^^HHH]8@@8=6]4@>^>2AD^A=246^`g_cZ!2EE6CD@?Z$E[Z}2D9G:==6[Z%}Zbfa_b^obe]`defdb[\ge]g__bche[a_b>^52E2lPb>`P`6bPc>ePb>dP`D_Iggecee626`3h2h5di_Idhaeggecfc`aa`7gPg>aPb5be]`dehbbaPc5\ge]fhhcecbP`eDTau8Tau``3HcAh>>7n6?ECJlEEFU2>Aj806Alt8@J|sx`|s"I}:cIxz)|s$@p$pu"pHTbsTbsQ E2C86ElQ03=2?<QmkDEC@?8m96C6k^DEC@?8mk^2mX] t{z s6G6=@A>6?E 92D =2?565 2 =@2?[ G2=F65 2E Sb[b_f[d__[ 7C@> p>6C:42? q2?< @7 |:DD@FC: C6=2E65 E@ E96 AFC492D6]k^Am

kAmt{z 92D 6?=:DE65 E96 }2D9G:==6 @77:46 @7 ~C=2?5@\32D65 u@F?5CJ r@>>6C4:2= E@ 92?5=6 E96 >2C<6E:?8 @7 E96 AC@A6CEJ] u@F?5CJVD p?5C6H |2IH6==[ #:4< w6=E@? 2?5 p==J {2?292? 2C6 @G6CD66:?8 E96 677@CE]k^Am

kAmQ(92E C62==J >2<6D E9:D D:E6 6I46AE:@?2= :D E96 AC@I:>:EJ E@ E96 r92C=@EE6 !:<6 2?5 r9FC49 $EC66E 2CE6C:6D[ 4@>3:?65 H:E9 DFCC@F?5:?8 6>A=@J>6?E 46?E6CD =:<6 $2:?E %9@>2D |:5E@H?[Q |2IH6== D2:5]k^Am

kAmQ%96 3F:=5:?8D @?D:E6 42? 2=D@ 36 =62D65 E@ 86?6C2E6 :?4@>6 :? E96 D9@CE E6C>]  ~FC :?G6DE>6?E 25G:D@CJ 8C@FA E62> 6IA64ED E9:D =:DE:?8 H:== 82C?6C :?E6C6DE 7C@> 56G6=@A6CD 2== @G6C E96 4@F?ECJ]Qk^Am

kAmp4C@DD !2EE6CD@? $EC66E[ r:?4:??2E:\32D65 C62= 6DE2E6 4@>A2?J |6CFD W7@C>6C=J 42==65 p=] }6J6CX 92D A2CE?6C65 H:E9 %96 s:?6CDE6:? r@>A2?:6D @7 w@FDE@? E@ 56G6=@A 2 >F=E:\A2C46= D:E6 H:E9 2A2CE>6?E E@H6C pDA:C6] r@?DECF4E:@? @? E92E 3F:=5:?8 :D ?62C:?8 4@>A=6E:@?[ H:E9 |6CFD FD:?8 E96 3F:=5:?8 =@42E65 2E `g_g !2EE6CD@? 2?5 ?@H 7@C D2=6 2D 2? @77:46 C6=2E65 E@ E96 4@?DECF4E:@? H@C<] k^Am

kAmx? 255:E:@?[ t{z s6G6=@A>6?E :D A=2??:?8 E@ 3C62< 8C@F?5 ?@ =2E6C E92? 62C=J a_ae @? 2 `h\DE@CJ 3F:=5:?8 %96 |:=6D :? $@qC@[ E@ @776C >:4C@ C6D:56?E:2= F?:ED 2?5 C6E2:= DA246 WC625 k2 9C67lQ9EEADi^^HHH]?2D9G:==6A@DE]4@>^3FD:?6DD^56G6=@A>6?E^A=2??65\D@3C@\E@H6C\D66D\:?E6C:@C\C656D:8?^2CE:4=602hheb6e_\7_f3\``67\gcg6\dfe73_cd_33_]9E>=Q E2C86ElQ03=2?<QmkDEC@?8m96C6k^DEC@?8mk^2mX] %96 E@H6C H:== 36 F?56CE2<6? 2E d`e[ daa 2?5 dae #6A] y@9? {6H:D (2J Wu:7E9 pG6?F6 $@FE9X]k^Am

kAmpD E96 k6>m!@DEk^6>m kDEC@?8mk2 9C67lQ9EEADi^^HHH]?2D9G:==6A@DE]4@>^3FD:?6DD^56G6=@A>6?E^A=2??65\D@3C@\E@H6C\D66D\:?E6C:@C\C656D:8?^2CE:4=602hheb6e_\7_f3\``67\gcg6\dfe73_cd_33_]9E>=Q E2C86ElQ03=2?<QmC6A@CE65 :? u63CF2CJk^2mk^DEC@?8m[ 2? {{r :?G@=G:?8 t{z s6G6=@A>6?E A2:5 S`c]dd >:==:@? 7@C E96 AC@A6CE:6D :? s646>36C a_a`[ 244@C5:?8 E@ |6EC@ C64@C5D] }6H !C@G:56?46[ }6H y6CD6J\32D65 !rs s6G6=@A>6?E =2E6C AFC492D65 2? :?E6C6DE :? E96 AC@A6CEJ 2?5 H:== A2CE?6C H:E9 t{z @? E92E AC@;64E]k^Am