The former Los Angeles Lakers standout has extensive real estate holdings. Increasingly, he's putting his money into hotels in urban areas as a way to make money -- and create jobs in communities underserved by real estate investors.
After getting beaten down in early 2009, the lodging company's stock has rebounded smartly, thanks to a new focus on the resiliency of certain parts of its businesses. And several analysts think it still has plenty of upside.
After decades as a must-dine spot for tourists and a must-book location for benefits and parties, New York's famous Tavern on the Green will serve its last meal on New Year's Eve.