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Billionaire investor plans to change image of Kahala

Genshiro Kawamoto

KAHALA, OAHU (HawaiiNewsNow)- Kahala Avenue is like the Rodeo Drive of Oahu.  Genshiro Kawamoto owns 27 homes on that pricey street.  The city assesses the total value worth $150 million.  In total it's more than 15 acres of mostly beach front property and some of them have been demolished or trashed.

Many have dreamed about owning a house on Kahala Avenue.  And many would have never dreamed houses on the street would look like this. 

This was a $12 million, six bedroom, nine bathroom 8,000 square foot house that squatters just loved.  We found drugs on the ground and graffiti and broken windows all around.  It is among the worst owned by Genshiro Kawamoto.

Time it right and you'll catch him surveying his properties or giving workers $100 to pick up lunch.  We asked him what's his plan for the properties?

Kawamoto's neighbors express frustration at meeting

Mark Blackburn

KAHALA, OAHU (HawaiiNewsNow)- Members of the Waialae-Kahala Neighborhood Board got an earful from residents who've had enough of the dilapidated conditions of Kahala properties owned by eccentric Japanese billionaire Genshiro Kawamoto. Those members also showed that they're fed up as well.

Board members, including one of Kawamoto's unhappy neighbors, wants to put more pressure on the city to do something.

"They could raise the fines. They could go into the property and fix the property up at city expense and charge Mr. Kawamoto the cost of fixing the properties," said board member Richard Turbin.

Longtime Kawamoto opponent Mark Blackburn of Black Point cited a Hawaii News Now report which showed evidence of drug use at some of the properties.

Saint Louis School goes to great "Heights"

Saint Louis School goes to great "Heights"

Honolulu, HAWAII (February 15, 2013) – Saint Louis Center for The Arts is proud to present the Hawaii Premiere of the Tony Award winning musical In the Heights running March 1st through the 16th. Shows will be held at Mamiya Theatre located on the campus of Saint Louis School and Chaminade University. Performances run Thursday through Saturday at 7:30pm with Sunday matinees at 2:00pm.

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Kawamoto's Kahala neighbors demand punishment for dilapidated properties

KAHALA, OAHU (HawaiiNewsNow)- For eight years, Kahala Avenue neighbors have been at odds with billionaire Genshiro Kawamoto and in part two of our special report a solution between the war of the wealthy is difficult to find.

Real estate mogul Genshiro Kawamoto paid nearly half a million dollars a year in property taxes in 2011.

He's also paid $42,000 in fines. He certainly contributes more than most to the city coffers however it's not just his money but weak laws that allows him to come away clean.

Genshiro Kawamoto knows how to protect himself from the sun and from persecution. Kawamoto owns 27 properties on Kahala Avenue.

One was bought for $22 million and then demolished for a statue garden. Others were mansions that have been trashed attracting more drug users than investors.

So what is Genshiro's plan?

"By this summer he is going to have everything in order," said Kawamoto, through an interpreter.

Suzanne Frazer and Dean Otsuki Honoured with award

Suzanne Frazer and Dean Otsuki Honoured with award

Information courtesy of B.E.A.C.H.:

 

Wind causes power outage in Hawaii Kai, delays fix

HAWAII KAI, OAHU (HawaiiNewsNow)- Approximately 4,300 customers in East Honolulu were without power for four-and-a-half hours Sunday.

Hawaiian Electric Company said the power went out around 8:30 a.m. Electricity was restored shortly before 1 p.m. HECO said the exact cause of the outage was still under investigation, but was wind-related.

An area stretching from Kalani High School into Kalama Valley and parts of Waimanalo were affected by the outage, which included the Hawaii Kai Town Center and Koko Marina Shopping Center.

Emergency Medical Services says Hanauma Bay was also affected by the outage and would remain closed for the rest of the day.

Some residents used the time to head outdoors.