Aug. 12 at 4:22 AM
$HPP $MPW they’d have to sell the whole cake. Starwagons, Rental division and studios. Even the ones the lease to Netflix and KTLA. Their newest brightest and bestest studio sits vacant. You can practically hear the crickets chirp and the rats scurry about. All the other “B” studios are dead as well. They phucked themselves taking on this studio project. They had no idea what they were committing to. None. Couple the recession that we are in with more and more lease breaks, unrealized leases, and flailing businesses. HPP will not recover for 3-5 years. If at all. This has become a potential Merril Lynch of the future.
