Failed negotiations for the lease for the AMC Avco Center 4 in Westwood mean the movie theatre is going to shut down on Sunday. AMC was unable to come to agreeable lease renewal terms with the landlord, Avco Corp., reports the LA Times' Company Town blog. more ›

The Museum of Neon Art is getting ready to turn on the lights at their new, permanent home in Glendale. MONA announced via email that on March 22, they signed their lease agreement with the City of Glendale for the space, which is located directly across Brand Boulevard from the Americana. In December 2010, the Glendale City Council approved $252,000 in additional funding to the design firm overseeing renovations to the vacant, vintage building in which the new facility will be housed. more ›

Debate was heated yesterday during the Los Angeles City Council meeting as members discussed the proposal to lease city garages in order to stave off worker layoffs and furloughs, and ideally bring revenue into the city's cash-strapped coffers, according to the Daily News. more ›

Whoa, Nelly: A beloved Sunset Boulevard watering hole has announced they will close their doors for good come November. Ye Coach and Horses has been a staple in Hollywood for 74 years. Despite hopes to be able to pass the reins onto new ownership or to work things out with their landlord, the beloved bar's owner, 85-year-old Jane Grant, will shut the place down on November 15th. more ›

Controversy spilled throughout the downtown community over the weekend after The Must, a popular wine bar in the Historic Core, was suddenly closed following an apparent surprise business deal over the space's lease. The end result left The Must stripped of furniture and its wine stock. more ›

The Irvine City Council has approved a lease with a local farmer that will see to it 114 acres of Great Park be developed as an urban community farm. This is the first time farming will be taking place on the land that is Great Park since wealthy rancher James Irvine sold the land he used to farm lima beans to the US Government for them to use as the Marine Corps Air Station at El Toro. more ›

They tend to be our least favorite people, since we write hefty checks to them every month for our rent, but landlords aren't doing so well these days. Vacancies in commercial buildings are up and rising, say recent reports, and this year looks to be a tough one for landlords looking to lease. more ›