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Faced with fire damage, frozen permits and a City Hall she says can’t scale, a Pacific Palisades developer has made a radical pitch a year after the destruction: break away from Los Angeles.Santa Monica-based developer and reality TV alum Ela...
Downtown L.A. is doing better than you think it is, but the government needs to do more to energize the city, said one of the region’s longest and most successful real estate leaders.Bill Witte is retiring after running Related California, a...
Facts: A grantor exposed to toxic mold at their primary residence and taking prescription painkillers transfers property to an acquaintance as a gift. On the death of the grantor, an heir to the grantor’s estate who was aware of the transfer ...
Next year, a seller is setting his sights on a record sale for Shelter Island.Interior designer Ben Broughman, senior creative director at Jonathan Adler, listed the Osofsky House at 4 Dawn Lane for $18 million, the Wall Street Journal reported...
Key takeaways– When “time is of the essence” is included, contract deadlines become legally binding, not flexible targets.– Missing a deadline can be a material breach of contract.– Buyers and sellers both face real financial a...
Ben Ashkenazy is adding to his Southern California holdings with a purchase in the Beverly Hills Golden Triangle. The real estate developer’s New York-based Ashkenazy Acquisition Corporation bought the two-block Neiman Marcus site at 9700 Wi...
On June 12, Peggy Orenstein’s inbox flooded with booking requests for her Inglewood Airbnb.The date seemed random, but after a quick search, the influx of interest became clear. It was exactly a year before one of the biggest events in Ameri...
Why this article is important: Developers are using the builder’s remedy as a workaround for restrictive local zoning ordinances. The loophole is preemptive legislation permitting builders to organically correct local housing shortages.Builde...
Hearing talk about home prices falling? That may leave you worried about whether your house is losing value. But here’s what you need to know. While some local markets have seen small price dips this year, home prices are not falling nationa...