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Summit Properties says it delivered on a promise that helped win over a skeptical bankruptcy court. The tenants involved say that promise is still unfulfilled. The dispute offers an early glimpse into what multifamily owners can expect under M...
Moving from the Chicago suburbs to the city can feel like trading space and quiet streets for walkability, skyline views, and downtown convenience. Instead of driving to dinner, commuting by Metra, or maintaining a yard, Loop residents ar...
Trendy Erewhon, the reigning Rolls-Royce of grocery stores, has fallen behind in rent payments for its Culver City outpost, its landlord says.Erewhon is being sued for more than $275,000 by Hackman Capital Partners, an international real estat...
This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here.Hey there, let’s get into today’s news at the intersection of policy and real estate:
COPA is back from the dead, more o...
It takes an average of 210 days to get an affordable housing building filled in New York City. The Mamdani administration says it plans to cut that in half. The plan to fill projects in 100 days was revealed alongside changes to the city’s p...
Mayor Zohran Mamdani’s first 100 days offer a preview of how City Hall plans to engage — and to some extent, antagonize — the real estate industry.The Democratic Socialist has leaned into tenant advocacy while signaling a pro-development ...
Culver City, a once-quiet corner of L.A. County people would pass through on their way somewhere else, has emerged as a destination of choice for some of the world’s best-known companies.Apple, Amazon, TikTok, and Sony are just a few of the ...
The City of Los Angeles has given the green light to plans for a mixed-use complex above a major subway station near downtown L.A. The approved plans come from Walter J. Company and L.A. Metro to build residences, retail and offices around the...
It’s looking more likely changes to the city of Los Angeles’s Measure United to House L.A. are coming.What shape they take is unclear, but concerns about the tax’s “unintended consequences” for single-family residential properties hav...
https://journal.firsttuesday.us/wp-content/uploads/Audio-LW_712.mp3Why this matters: California’s lack of available housing stalls growth of population and services. When public policy empowers more construction, it is important that the lo...