Friday 14 October 2011

Hollywood Landmark, Taft Building up for Sale!!!!!!!!

Taft Building on Vine Street is a Hollywood Landmark where Charlie Chaplin and Will Rogers once had offices and now it is up for sale. Taft Building expected to sell for $30 million (£18.8 million).

The Taft Building once housed the Academy of Motion Pictures Arts and Sciences and is currently home to a number of production companies. Taft Building is a 12-story tower was built in 1923 and the offices of silent eras biggest stars who wrote and conceived their movies.

Talking about Taft building, it is located at the southeast corner of Hollywood Boulevard and Vine Street and has been listed for sale by longtime owner Langer Meringoff Properties. According to real estate sources with knowledge of the Hollywood market, the 1680 Vine St. building is expected to fetch as much as $30 million.

The property is being marketed to those buyers who would operate it as an entertainment office building. The media and entertainment tenants are trying to renovate this building into typical creative office.

The building is a Los Angeles Historic-Cultural Monument and is considered a contributing structure in the National Register of Historic Places Hollywood Boulevard Historic Commercial and Entertainment District.

And it is also said that Charlie Chaplin Studios, is a motion picture studio built in 1917 by silent film star Charlie Chaplin just south of the southeast corner of La Brea and Sunset Boulevard in Hollywood, Los Angeles, California.
Many of Chaplin’s classic films were shot at the studios, including The Kid (1921), The Gold Rush (1925), City Lights (1931), Modern Times (1936), The Great Dictator (1940), Monsieur Verdoux (1947) and Limelight (1952).
One thing I came to know that a block of sidewalk on the studio ground had Charlie Chaplin signed and pressed his footprints into in 1918 for display at his Palm Springs home. Only thing I need to say is don’t destroy the memoirs of Charlie Chaplin in the form of renovation of Taft Building. 




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