Dave Rice 9:30 a.m., Aug. 25
Copley Press Sells Six Aging La Jolla Cottages for $5.9 million
Once upon a time, way back in 1979, there was a Republican San Diego county supervisor named Roger Hedgecock who went into partnership with his old friend and Pacific Beach builder Mike Turk to put up some solar powered condos in North Park.
The condos came on the market at a bad time, and Turk took over the operation from Hedgecock in a deal fraught with future complications for the aspiring politician.
Hedgecock was elected mayor of San Diego, was forced from office during the J.David Dominelli Ponzi and money laundering scandal (during which Turk testified on the Hedgecock's behalf), but then went on to radio talk show fame.
Throughout Hedgecock's legal and political travails, the Union and Tribune, newspapers of the Copley Press, owned by Helen Copley of La Jolla's Foxhill Estate and a friend of the mayor's chief nemesis, Maureen O'Connor, led the charge against him, going over Hedgecock's and Turk's mutual finances (and those of Jerry Dominelli and his girlfriend, Del Mar mayor Nancy Hoover) with a fine-tooth comb.
None of it mattered much once Hedgecock was out of office.
With the exception of the deaths of two workers in a 1982 cave-in at a Pacific Beach construction site, resulting in Turk's no-contest plea to labor law violations and an $8.1 million settlement with survivors, Turk has survived and prospered as well or better than his erstwhile partner.
He joined the city's Sustainable Energy Advisory Board, continued to develop photovoltaic energy systems, and make political contributions.
Copley died in August 2004, leaving the Copley Press, Inc., her publishing and property empire, to her son David, who has been gradually liquidating it ever since.
The two flagship San Diego papers, by then joined into one, were sold to L.A.'s Platinum Equity in March 2009.
Now comes word via the San Diego Daily Transcript that Copley Press has sold nine residential units and a 7048-square-foot parking lot on La Jolla's Ivanhoe Ave. to Heritage on Ivanhoe, LLC, Mike E. Turk Manager, for $5.9 million.
"The units at 7714-22 total 2473 square feet and consist of six bedrooms and four bathrooms," the Transcript reports. "The units were built in 1930 on a 10,576-square-foot lot.
"The units at 7736-42 total 4235 square feet and were constructed in 1940 on a 14,100-square-foot lot."
More like this:
- When the San Diego Union libeled Roger Hedgecock — July 15, 2013
- Did genes condemn O'Connor to gambling compulsion? — Feb. 15, 2013
- Former Copley Press headquarters sold — Oct. 10, 2012
- Copley La Jolla Headquarters, Library for Sale — Oct. 9, 2009
- Way-cool Copley — March 22, 2007