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Loft owners share settlement

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Owners of the 20 loft condominiums at the Toy Warehouse in downtown Los Angeles will share about $1.3 million in a settlement stemming from a lawsuit over alleged construction defects, attorneys said last week.

The 20 lofts at 215 S. Santa Fe Ave. sold out almost immediately after construction in 2001-02, with prices ranging from $200,000 to $490,000.

However, the homeowners claimed that they could hear their neighbors cooking dinner, talking, watching TV and snoring, plaintiffs’ attorney Thomas E. Miller said.

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They sued, alleging that the builder never followed the building plans, omitted soundproofing between the walls and floors and knew about the problem, Miller said.

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