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Editorial Results (free)

1. Bike Lane Boost -

A year ago, city roads crews were wrapping up the installation of dedicated bike lanes on the two-mile stretch of Madison Avenue between McNeil and Cooper streets – the culmination of an extensive debate that included those radically for or radically against the two-wheeled route that entailed a major road diet and on-street parking.

2. Cherokee Arms Undergoes Rehab -

It wasn’t long ago that the Cherokee Arms Apartments complex in Midtown was on the market with a note of “in need of repair.”

But thanks to Memphis native and current Los Angeles resident Dana Gabrion, the three-story complex will soon breathe new life to 1508 Madison Ave. Under the entity Gabrion Properties LLC, she acquired the 30-unit, Class C investment-grade multifamily building for $455,000 in fall 2010 and hopes to have it ready for occupancy come June.

3. Calif. Investor Buys Midtown Apartments -

A vintage apartment complex in Midtown is under new ownership.

Gabrion Properties LLC closed on approximately 20,000 total square feet of space in Cherokee Arms Apartments for $455,000. The three-story apartment complex, 1508 Madison Ave., contains 30 studio apartments with historic vintage architecture.