Exactly! And he talks tooo dam much, I bet he went on and on and on off camera too. Somebody sold him an image of L.A. that only existed from the 19030's 'till the 1950's.
@@elpipiripau7647But DTLA was on the upswing until Covid hit in 2020. There has been tons of both residential and commercial development in the last 15 years. However, it slowed down over the last 3 years due to Covid and many people still working from home, but things are coming back. I've noticed it more over the last 6 months. It will continue to improve. The ACE Hotel has it's own internal issues abd they've closed other locations as said in the video.
I wish it would go back to the empty 90s and 00s LMAO so we can carry on filming without residents being in the way like it is now. Go back and watch all the movies that were filmed down there, it's basically IMPOSSIBLE to film in downtown like we did in the late 90s and into the mid 00s
This is sad news for sich an iconic building. For a part of my career I worked in hotel consulting and the hotel business is very fickle, especially if the property owners overextend. _And who could have planned for a pandemic??_ Whatever happens in this case I hope the current or the future owners are able to keep this vital and wonderful property alive!
@@mrxman581 the voters are to blame for electing the leaders that invite and permit crime that ultimately is driving businesses and people with money out of the area. As long as the voters continue to blame everyone but themselves the problem can only get worse.
Domino starts to fall. Look at SF, hotels were the first to go then followed by others soon after.
All going as planned.
Los Angeles is different, and SF is showing signs of recovery already this year.
Here we gooooooo- the slow fall just like what San Fran has become!!!!!
Into what Detroit is 😂😂😂
@@Matt-iv4rn 😂😂😂 oh damn the purge has titled and extended.... Just in time for them 15 minute cities will be going up against Rhode freedom towns!? 👍
Man I was gonna work here for security the 9pm shift at the bar I'm glad I didn't take up the job LOL
Good, maybe now the hipsters will leave.
Gavin did that 😂😂😂
90s in DTLA ?. ..Dude ain't from this Section ! LOL
Exactly! And he talks tooo dam much, I bet he went on and on and on off camera too. Somebody sold him an image of L.A. that only existed from the 19030's 'till the 1950's.
@@elpipiripau7647But DTLA was on the upswing until Covid hit in 2020.
There has been tons of both residential and commercial development in the last 15 years. However, it slowed down over the last 3 years due to Covid and many people still working from home, but things are coming back. I've noticed it more over the last 6 months. It will continue to improve.
The ACE Hotel has it's own internal issues abd they've closed other locations as said in the video.
I'm glad that the theater will survive. I've seen Nickel Creek, Little Feat and others there. It's a classic old theater, very ornate.
Wow this was my first job
I wish it would go back to the empty 90s and 00s LMAO so we can carry on filming without residents being in the way like it is now. Go back and watch all the movies that were filmed down there, it's basically IMPOSSIBLE to film in downtown like we did in the late 90s and into the mid 00s
downtown la is dead. and was even dead pre-pandemic. too much of bad things goin on.
Gavin Newsom
This is sad news for sich an iconic building. For a part of my career I worked in hotel consulting and the hotel business is very fickle, especially if the property owners overextend.
_And who could have planned for a pandemic??_
Whatever happens in this case I hope the current or the future owners are able to keep this vital and wonderful property alive!
ACE HOTEL IN DOWNTOWN LOS ANGELES IS GOING OUT OF BUSINESS
ACE HOTEL IN DOWNTOWN LOS ANGELES IS GOING OUT OF BUSINESS
Am the last Biden supporter
The company was probably over leveraged and couldn't withstand the pandemic. Very unfortunate.
La county will buy it and turn it into low income housing
💯
They can fill it with the homeless.
Lol yes I bet someone wants to fill it with homeless or migrants 😅
Was your business destroyed by democrats? You may be entitled to compensation.
Stop blaming the vid for everything. Vagrants and anti-business regulations are the reason.
The voters did this to themselves.
No, it's an ACE Hotel, private business problem. Don't blame the city for private enterprise mismanagement.
@@mrxman581 the voters are to blame for electing the leaders that invite and permit crime that ultimately is driving businesses and people with money out of the area. As long as the voters continue to blame everyone but themselves the problem can only get worse.
Meh.
Capitalism just doing its thing, nothing to see here
The entire area is controlled by Democratic socialists and that drives away capitalism leaving nothing but well nothing.