Posts Tagged ‘California’
Would Lotto Winner Edwin Castro Get Hit With California Billionaire Tax?
California resident Edwin Castro is the biggest lottery winner of all time, after hitting a $2.04 billion Powerball jackpot in 2022. But would he be liable under a proposed California law to tax the wealth of billionaires?The answer, it turns o...
Streamlined post-entitlement phase permit process in California
https://journal.firsttuesday.us/wp-content/uploads/Audio-AB_301.mp3Why this matters: State departments may now approve housing plans, and all agencies now have tighter review timelines, or a building permit application is deemed complete. Bui...
Can Ryan Serhant Make it in California?
Market positioning is business 101. With this past week’s news that Ryan Serhant’s brokerage muscled its way into California, where does the business fit within California’s residential landscape?Serhant said he’s identified no direct c...
L.A.’s trailblazing home builder is the latest to leave California
One of Los Angeles’ most influential home builders, KB Home, is relocating its headquarters out of state, becoming the latest high-profile firm to do so.The company, which has been based in Los Angeles since 1963 and helped build its sprawli...
‘You’re a liar.’ Why the world’s biggest building boom has run into a wall in California
Bryan Marsh was booed by the crowd as he approached the podium in Monterey Park’s City Hall. Things weren’t going as planned.In front of a wall of people holding “No Data Center” placards, he outlined how his company, Australia’s HMC...
Here’s How Much L.A. and Silicon Valley High-Earners Could Save by Trading California for Miami
While high-end coastal living always commands a premium, wealthy Californians moving to Miami could effectively give themselves a five-figure raise by swapping the Golden State's peak state income tax rate for Florida's 0% tax environment. Ke...
EXCLUSIVE: Aubrey Plaza Finds a Buyer for $5.8 Million California Compound Where Husband Jeff Baena Died
Actress Aubrey Plaza has secured a buyer for her Spanish-style California compound—nearly three months after she put it back on the market for the reduced price of $5.75 million. Plaza, 41, originally listed the picturesque Los Feliz abode ...
Contributor: Rent algorithms aren’t the issue. California just needs more housing
The cost and availability of housing remain among the most pressing concerns for Californians navigating economic uncertainty. Yet some Golden State cities are channeling energy into a policy experiment that risks making the housing affordabil...
