Efforts to save oldest West Coast gay bar
- Please pass this on to everyone you know who might care about this effort.
6834-1/2 Camrose Drive #2
Los Angeles, CA 90068-3169
323.436.0151Laguna Beach, CA BOOM BOOM Room preservationSteven Udvar-Hazy Asked to Save Gay Bar
(Embedded image moved to file: pic31441.gif)PR Newswire
February 04, 2008: 03:48 PM EST
Operation Post Card Launched
LAGUNA BEACH, Calif., Feb. 4 /PRNewswire-USNewswire/ -- SAVE the BOOM!!! www.savetheboom.com kicked off its 2008 offensive to save the landmark Coast Inn and Boom Boom Room. A winter long campaign gets underway to appeal to Mr. Steven Udvar-Hazy to either reduce his price and sell his property to a buyer who will keep it as a gay establishment, donate it to the city of Laguna Beach or to a newly created Trust that will administer the property.
Steven F. Udvar-Hazy is the CEO of International Lease Finance Corporation (ILFC) in Los Angeles, and he was ranked the 83rd richest American on the 2007 Forbes list with a net worth of $3.1 billion. ILFC is a wholly-owned division of American International Group, Inc. , the world's largest Insurance and Financial Services Company.
"Thousands of yellow post cards have been printed and we hope to fill his
Los Angeles office with them. We will be getting as many people to sign
and mail them to Mr. Udvar-Hazy as we can until this historic property returns to the way it has been for over 60 years," stated Fred Karger, Founder of SAVE the BOOM!!!
The Coast Inn and the Boom Boom Room in which it is located was put up for sale by Mr. Udvar-Hazy in May 2007. There have been scores of interested buyers in discussions with Mr. Udvar-Hazy and his real estate representative, Joe Smith of Monarch Bay Realty, but no sale has taken place.
"The Coast Inn has 24 rooms and houses the oldest gay bar in the Western United States," added Karger. "Our efforts to save our landmark building have been going on for close to 2 years. Mr. Udvar-Hazy is a very generous man. He donated nearly $70 million dollars to the Smithsonian to create The Steven F. Udvar-Hazy Center of The National Air and Space Museum. Now we sincerely hope that he will consider donating the historic building that he owns in Laguna Beach.
"The donation of the Coast Inn located at 1401 S. Coast Highway could be
an excellent federal and state tax deduction for him. He would be a hero
to millions of gays and lesbians across the country who support our
cause," said Karger.
"I have sent him several qualified buyers to no avail. The City has a long
history with the gay community going back more than 100 years when the
first 40 artists moved to beautiful Laguna Beach between 1903 and 1917. We helped shape this City and we want to stay and be involved with the Laguna where we live and work for the next 100 years.
"We appeal to Mr. Udvar-Hazy's sense of fairness and kindness and
generosity to help us SAVE the BOOM - Forever!!!," concluded Karger.
Anyone interested in helping Operation Post Card, please email
savetheboom@... or call 949-494-4750
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