The Los Angeles Times may be getting closer to having a new owner as the Orange County Register names Rupert Murdoch, Douglas Manchester and Aaron Kushner as potential buyers.

The former Dennis Hopper compound sold last summer for $5 million and the new owner has decided to rent out one of the three Frank Gehry-designed loft spaces for $4,300 per month.

One of the first luxury projects to open in Los Angeles following the recession has officially launched this week at 8500 Burton Apartments. The Rick Caruso-developed mixed-use apartment complex is located just south of the Beverly Center and features apartments for rent that start in the mid-$4,000 per month range.

Lakers great Kareem Abdul-Jabbar will be honored with a statute today at Star Plaza outside of the Los Angeles Staples Center. The 16-foot, 1,500-pound bronze statute will honor the player who is the NBA’s all-time leading scorer with 38,387 points.

Renowned for being one of the most exclusive ski resorts, Aspen, Colorado has also been ranked the most expensive place to build a ski home due to the fact that the area can demand extremely high prices for construction and project costs.

Perfect for inspiration prior to heading to the salon or to get creative with your fashion style by uploading photos that you love, Hey, Hey Gorgeous! has launched its new website, allowing users to create collections of their favorite hair, beauty and fashion looks as well as shop from members’ favorite beauty and fashion products.

On November 23, the Paradise Fund will kick off the 2012/2013 Palm Beach social season with the fifth annual Paradise Grand Casino at the Flagler Museum in Palm Beach.

Located on renowned Michigan Avenue, the new Burberry Chicago flagship store has opened its doors. Exclusive to this Chicago location, the store carries Burberry’s beauty line and samples of Burberry Bespoke.

With a completely remodeled space, Bel Air Bar & Grill will reopen on Friday as scheduled after an 18-month hiatus. Owned by Susan Disney Lord, Bel Air Bar & Grill will feature more space, a new kitchen, a 1,100-square-foot Sunset Room for special events and more.