Up to 3% Developer Incentive Offered

We have some exciting news from the Sales Center. The Roosevelt is now offering up to a 3% Developer Incentive at the time of close of escrow with the credited amount to pay against closing costs, first for non-recurring costs and then recurring costs. In addition, as one of the final pre-completion phases, The Roosevelt is offering all qualified buyers who enter into escrow during the month of September and close escrow as per their contract, one 50" High Definition Flat Screen TV for their unit. Now more than ever is a great time to buy your dream loft at The Roosevelt.

Robb Report Features The Roosevelt Lofts

The Robb Report Collection has spotlighted The Roosevelt Lofts in the City Living section of it's September issue. The article showcases the historical importance of the building and also describes the many luxury amenities that will be offered to residents. Between the 24-hour valet, ultra modern business lounge, private rooftop pool, and climate-controlled wine storage, loft owners really can have it all. Want to know all the details that give The Roosevelt such a unique value? Pick up a copy of the Robb Report's September Real Estate and Home Design Collection today.

Roosevelt Sales Center Extends Hours

The Roosevelt Lofts Sales Center will now be open from 11 AM to 6 PM, seven days a week. The Sales Center is located at 727 West 7th Street and can be reached at (877) 887-7858.

1961 Time Capsule Discovered Downtown

The rubble of the recently demolished State Office building has offered up an interesting relic from Downtown's past. While cleaning up the site, The Cleveland Wrecking Company crew discovered a time capsule marked "1961 A.D." Located in the original building's cornerstone, the capsule contained business cards, four cent postage stamps, rolls of Kodak film, newspapers, and official papers related to the structure's dedication ceremony. The news articles boast intriguing headlines that make reference to Marilyn Monroe leaving rehab and Richard Nixon vowing that he would not run for Governor. For more on this story check out DowntownNews.com.

Purple People Help to Enhance Quality of Life in Downtown

If you live Downtown you're probably familiar with the Purple People. Employed by Downtown Center Business Improvement District, these purple-shirted men and women help out with some of the most demanding of urban services. They provide security through a bike patrol force, clean up the city's trash with an efficient maintenance team, and are also a great information source for lost tourists.
Covering 65 square blocks in the Central City area, the accomplishments of the Purple People are impressive. All in all, the group has collected 12,000 tons of trash, removed 3,000 graffiti tags, swept 71,000 miles of street, reached out to 5,500 homeless people, and fielded more than 375,000 calls for service. For more on the wonderful efforts by the BID's Purple People, check out DowntownNews.com.

New Construction Photos

Here are some construction photos of the Bontempi Cabinets being installed in some of the units.

Crime Rate Plummets in Downtown

The LAPD's mid-year review provided encouraging statistics for Downtown neighborhoods. Citizens will be pleased to learn that overall crime is down 32% from last year and homicides fell from nine to two, both of which were solved. Central Division Capt. Jodi Wakefield attributed the success to increased police patrolling of the Skid Row area. 50 additional officers have been keeping tabs on Skid Row as part of the Safer City Initiative that began in September 2006. For more information check out the Downtown News.

Private Property by Monique Lai

The ARCLIGHT Hollywood presents the "Private Property" series, a compilation of the latest works by progressive photographer Monique Lai. Known for her subtle, yet deep imagery, Lai's works evoke a powerfully emotional sense of loss for the natural environment. Her use of high-saturated colors and sensual motifs make this exhibit a "must-see" for photography lovers. The opening reception will be hosted by The Roosevelt at the ARCLIGHT's 2nd Floor Lobby, Saturday August 4th, 6 - 8 PM. The series will be on display from August 2nd thru September 13th. The ARCLIGHT is located at 6360 Sunset Blvd.