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The Los Angeles City Council has officially given the green light for the redevelopment of Rancho San Pedro near the Port of Los Angeles. The One San Pedro Collaborative, a joint venture between Richman Group, National CORE, Century Housing an...
The Legal Aid Foundation of Los Angeles routinely sues the city — and wins. In the last two months, the nonprofit has notched victories in three lawsuits over the city’s handling of the homelessness crisis. Legal Aid also defends tenants a...
Redondo Beach city officials have put the kibosh on a proposed residential building on Pacific Coast Highway. Redondo Beach Planning Commission members rejected a plan from Redondo Seaside Living to build a four-story building at 401-417 Pacif...
The conversation around the horrific misdeeds of Jeffrey Epstein appears to be neverending as more revelations continue to drip out, including his connection to real estate. More on that in a bit.But in business news there was a deal this week ...
MacArthur Park has come to symbolize some of Los Angeles’ most intractable issues. Homeless people crowd the park and streets nearby. Drug dealers peddle fentanyl in public. Businesses struggle to stay afloat. The mayor and other city leade...
Real estate players in and around New York are finding reasons to be thankful this holiday season.New York Attorney General Letitia James is thankful after U.S. District Judge Cameron McGowan Currie dismissed the mortgage fraud case against h...
The city has seen a spate of announcements for new sauna and spa concepts. The most recent is Lore, a so-called “bathing club” in Noho that opened last month. At the same time, Othership, whose Flatiron location offers both classes and ra...
The week in New York City, real estate was all about trouble: who’s been in it before, who’s in it today and how to avoid it in the future.For Eli Karp, trouble arose this week. Madison Realty Capital took over his Flatbush property at 1580...
Still stinging from the rejection of its casino bid, SL Green made a splash this week by agreeing to buy the 36-story Park Avenue Tower at 65 East 55th Street in the Plaza District for $730 million, a discount on the roughly $925 million that t...
On Sunday, the leader of New York City pulled the plug on his reelection campaign.After months of speculations — and years of scandals — Eric Adams officially dropped his bid to come back as mayor of New York City.Even as Adams resisted pre...