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Johnny Depp sells another of his LA penthouses for $1.82m

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Johnny Depp is slowly selling off the five luxury penthouses he owns in Los Angeles, having now offloaded the fourth. The expensive properties - all of which can be found in the Eastern Columbia Building in the downtown area of the city - were listed collectively at $12.78 million last year. His third apartment was listed earlier this year for an eye-watering $2.475 million - but the Pirates Of The Caribbean actor, 54, has sold the fourth for $1.82 million - suggesting the apartment has not met its asking price - not good news for the superstar who is reportedly still suffering financially from his divorce from Amber Heard. Scroll down for video Johnny Depp sells another of his five Los Angeles penthouses for $1. 82 million amid divorce and financial woes [pictured with daughter Lily-Rose, 18]" class="blkBorder img-share" /> Four down, one to go: Johnny Depp sells another of his five Los Angeles penthouses for $1. 82 million amid divorce and financial woes [pi...

Developer Plans 70-Story Tower in South Park | Development

With the Wilshire Grand Center open and a 66- story tower recently proposed for Ninth and Figueroa streets, the sky-high action in Downtown Los Angeles continues : Developer Crescent Heights has unveiled plans and renderings for a 70- story South Park building that would have 794 apartments. [Get DTLA stories in our daily email newsletter .] The Miami- based developer is planning the project for the northwest corner of 11th and Olive streets. There would be 12,500 square feet of ground- floor commercial space . A 66-Story Tower at Ninth and Fig? Crescent Heights was drawn to South Park by the neighborhood’s walkability and proximity to the sports and entertainment hub L.A. Live, according to Jerold Neuman, a partner with Liner LLP, which is representing the developer. Crescent Heights purchased the site, which currently houses six one- story commercial buildings , in 2015 for $11.5 million. This would be the company’s first project in Downtown. The budget is estimated at $300 mi...

These 25 Businesses Will Surprise You With How Old They Are

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Katz’s Deli, the iconic New York deli, has been serving its customers for well over 100 years. Getty Images Elon Musk once compared building a business to “eating glass and staring into the abyss of death.” George Orwell, for his part, once described writing a book as a “bout with a long illness,” a sentiment that many entrepreneurs and creatives would agree with. The point is: No one would willingly subject themselves to any of the suffering that goes into building something if they thought their efforts were going to disappear with the wind. Yet the truth is, most businesses and most art does disappear. It might be easier than ever today to start a business—a few bucks on LegalZoom and you’re the CEO of a brand new LLC. What is still hard and what has always been hard it keeping your doors open, staying in business, and keeping customers happy over the long term will never be easy. In a world obsessed with the new and the trendy, we don’t tend to give enough credit to people do ma...