Tuesday, January 20

Crest bailout will not save Village economy


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With nearly every form of entertainment banned by the Westwood
Homeowners Association, the consumer draw of historic movie
theatres and the tradition of dinner and a movie are the only
things keeping the local Village economy from a lethal freefall.
But businesses south of Wilshire, where the Crest is the only such
historic theater, have suffered the most in recent years.

This explains why after serving as a paratrooper and
intelligence officer and earning the title “veteran,”
people are calling Robert Bucksbaum a “hero.” The $3.2
million he ponied up to purchase the theater didn’t just keep
the Crest from being converted into a swapmeet or church ““ it
saved the area from economic collapse. The community can still
enjoy the murals of Westwood’s past in the lobby and the
constellations on the ceiling. This artistic novelty combined with
Bucksbaum’s promise to show better movies make the experience
well worth the trip, despite the walking distance.

Even though saving the Crest may be a victory for Westwood
residents, no amount of paratrooping experience will save the
Village from the cultural and financial fallout of the
Homeowner’s Association’s virtual moratorium on fun in
Westwood. Despite agreement on the importance of saving the
theaters, homeowners won’t extend their support to smaller
“big screens” by allowing large TVs at bars ““ or
even dancing. Perhaps the cooperation students and homeowners have
shown in support of the theaters should be brought into other
discussions as well ““ since there aren’t too many
paratrooping millionaires around who will bail out the entire
Village when the time comes.

By Jason Liu/DAILY BRUIN


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