Plan to Turn Old S&L; Into Condos Is Dropped
From Times Staff Reports
Developers have abandoned a controversial plan to transform the former Glendale Federal Savings & Loan Assn. annex into condominiums.
The Glendale City Council voted 4 to 0 Tuesday night to accept a decision by Nicholson Vertex II LP to withdraw its request for variances related to the project.
The partnership, citing delays caused by preservationists, said it now planned to rehabilitate the property for use as office space.
Preservationists have sought to keep the Maxwell Starkman-designed bank annex compatible with the main bank building at 401 N. Brand Blvd.
