By Bruce Haring. Sunset Boulevard celebrity hangout The Standard hotel in West Hollywood is scheduled to close Friday, ending a year run as a site for numerous Hollywood parties. The venue, formerly owned by hotelier Andre Balazs, who also owns the nearby Chateau Marmont, opened in with the financial support of Leonardo DiCaprio, Cameron Diaz, and Benicio del Toro, among others.
While there are and will be more Standard hotels, there will never be another Standard, Hollywood. And though it is painful to say goodbye, we know that the community we inspired will live on.
Thank you for everything. My point is that, no one in this capitalist society is that philanthropic. I admire you hope though. I can assure you that there are such people and they keep a very low profile. The message is when folks recognize skill, service and honor, and see a particular need or problem they can solve, they do it without and quest for recognition.
They are simply satisfied with making a visible difference. Thank you, I have. No need to announce it but plenty of people knew about it by happenstance or by assisting. I was referring to things on a larger scale such as The Standard.
Could start a real trend. No need to be unkind. Unfortunately you or any one of us could be three steps away from that given an extreme freak convergence of events. Developers are business entitled, usually corporations. Not people. A business is created for and specifically needed to build and make a profit, just like all businesses in our open free economy.
Rich people who want to give to charity can choose to do it or not. Businesses have no soul by definition. The profits is what has motivated and caused our country to be the wealthiest in the world.
Many analysts are pointing fingers at Airbnb for the downturn on vacancy rates. An oversupply of hotel rooms coupled with lower tourist numbers are not helping matters. Nearly 16, rooms are projected to launch in New York, adding to an already record-high supply.
But given the property's location in the trendy Meatpacking where cobblestone streets are lined with high-end restaurants and designer clothing stores, the hotel provides "a connection to the neighborhood Gaw cites the country's open door policy, productive workforce, and decent infrastructure development for the investments. This is a BETA experience.
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