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International Gold Bullion Exchange was one of two major frauds involving sale of gold bullion in 1983, with Bullion Reserve of North America in Los Angeles also being shut down later that year, with losses to customers of $60 million. [6] These frauds came at a time when gold prices had soared and gold as an investment was popular.
The Jewelry District is predominantly made up of early twentieth-century buildings. Half of the area falls under the greater "Historic Core" of downtown Los Angeles, which spans between Hill and Main Streets, and 3rd and 9th streets. The median year in which the buildings in the area were built was 1923.
Jewelry Trades Building, also known as Title Guarantee Block, [2] is a historic eight-story highrise located at 500 S. Broadway and 220 W. 5th Street in the Broadway Theater District in the historic core of downtown Los Angeles.
Downtown Los Angeles's Woolworth's building was designed by Weeks and Day and built in 1920. [1] The cost of construction was approximately $100,000 ($1.52 million in 2023) and the building's original tenant was Woolworth's.
The Bloc (stylized as THE BLOC), formerly Macy's Plaza and Broadway Plaza, is an open-air shopping center in downtown Los Angeles at 700 South Flower Street, in the Financial District. Its tenants include the downtown Los Angeles Macy's store, LA Fitness , Nordstrom Local, UNIQLO , and the Sheraton Grand Los Angeles hotel.
Schulte United Building, also known as Broadway Arts Tower [2] and Broadway Interiors, [1] is a historic five-story building located at 529 S. Broadway in the Jewelry District and Broadway Theater District in the historic core of downtown Los Angeles.
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