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Thursday, May 9, 2024

Valley Talk

Ahhh, Like, the ’80s If you thought the Valley had long ago escaped its dubious burden of having given birth to that lovely lexicon of the 1980s called “Valspeak,” then you haven’t been to this Web site yet. Click on to and there, in all her glory, you will find the classic Valley girl, “Tiffany” from Encino (think bubble gum-colored lips and very big hair), next to an invitation to enter any public Web site address you can come up with and her testimonial about how awesome the site is. Plug in an address and what you will get is a TOTALLY free translation of your Web site into a piece of prose fit for any mall-going, lip-smacking 1980s cheerleader, even if she is now approaching the big three-o. The site is run by Kansas City-based MacroMusic Inc. and promises to “turn that icky ol’ boring talk into easy-to-understand Valspeak.” Can’t think of an address to enter? Try the URL of your favorite newspaper (aside from this one, duh) and read headlines such as “San Fernando Valley could, like, you know, turn totally self-sufficient.” Great Shakes From the “when life hands you lemons” file: A recent program on local real estate issues at the monthly Sherman Oaks Homeowners Association meeting was as good a time as any to recall the 1994 Northridge Earthquake and the impressive recovery the community has made since then. But one member of the evening’s panel was finding it hard to muster the same solemnity seen in the knowing nods of most of the members of the audience. Paul Jennings, co-chairman and chief executive officer of PCS, transformed his business with much success, due largely to the earthquake. Jennings’ company had been in the business of providing pay telephone service to large institutions when he realized that distressed properties created by the earthquake, coupled with the availability of low-interest financing, presented a potentially lucrative opportunity for building apartment complexes. Thanks to the deals he was able to make, Jennings has built such luxury apartment dwellings as The Premiere of Sherman Oaks. That and other projects are now enjoying full occupancy, and PCS has gone on to develop new projects, including the most recent one under construction, The Premiere of Thousand Oaks. The earthquake has been so good for PCS that Jennings, a transplant to L.A. from New Jersey, sports a license plate holder that reads, “I love earthquakes,” and he apparently couldn’t resist the opportunity to present his contrarian view when he got up to speak at the meeting. “I’ve always said, earthquakes are a small price to pay for sunshine,” he told the audience. A Gem of a Bank After a long streak of bad luck, one building across from the Glendale Galleria is getting a new look. The former bank building which has housed a number of different banks and financial institutions over the past 17 years may have found a more permanent tenant when it reopens next month as a Robbins Bros. jewelry store. Philip Lanzafame, Glendale assistant director of redevelopment, says the building is being remodeled, complete with a new fa & #231;ade and interiors to reflect Robbins Bros.’ jewelry operation. “They had a lot of banks over there,” Lanzafame said. “This is going to be different.” At the southwest corner of Central Avenue and Colorado Boulevard, the building had been vacant since California Federal Bank closed its branch there two years ago. No Scoops Here Woodland Hills Chamber of Commerce President Carol Amenta got a chance to meet one of her favorite journalists recently and no, it wasn’t a member of the San Fernando Valley Business Journal staff. It was former Washington Post reporter Robert Woodward. “He’s a favorite of mine and it was a thrill to meet him,” said Amenta, who was attending a legislative forum for business people in Sacramento. Woodward, who spoke briefly with those attending, is known for his best-selling book “All The President’s Men,” which he co-wrote with then-fellow Washington Post reporter Carl Bernstein on their work in unraveling the Watergate cover-up in 1974. The book was made into a film in 1976 starring Dustin Hoffman and Robert Redford. Amenta, however, said she hoped the Pulitzer Prize-winning journalist would finally disclose the identity of Deep Throat, an anonymous informant who helped uncover the conspiracy. But alas, it was not to be: “He didn’t want to talk about it,” she said. “It was really too bad.

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