Height Law Shortened A county judge has thrown out portions of a city law permitting construction of taller buildings in exchange for some affordable housing to be included in the projects. Judge Thomas McKnew agreed with litigants who claimed the law was creating far more density than originally envisioned by an earlier state statue. L.A. Times
- Lord of the Ring Superstar boxer Oscar De La Hoya announced his retirement after losing recently to Manny Pacquiao. De La Hoya leaves the ring with a 39-6 record, with 30 KOs. San Gabriel Valley Tribune
- Parched Earth Policy On July 1 Southern California's Metropolitan Water District will cut supplies to the region by 10 percent of the average usage for the years 2004-06. On September 1 the MWD will impose a 19 percent rate increase. L.A. Business Journal
- Auction Does Michael Jackson's Bidding Julien's auction house and a Michael Jackson representative have announced the canceling of the sale of 2,000 items from the King of Pop's Neverland Ranch. L.A. Times
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- Troubled Lofts Roosevelt Lofts, a high-end condo development built inside a refurbished 1927 office building, has filed for Chapter 11 bankruptcy protection. It will still sell units, located on downtown's Seventh Street, during its reorganization. Curbed L.A.