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ICSC 2017: The excess at XS
XS at Encore Las Vegas (Getty Images) From TRD New York: If the patron saints of testosterone and decadence sat down together and dreamed up the ideal venue for a New York real estate bash, that venue...
View ArticleTRD’s top stories: DLJ picks up Arts District loft for $20M, Shopoff acquires...
Current reader favorites: 1. Inside the retail apocalypse 2. Amazon chooses Westfield Century City for next bookstore 3. DLJ Real Estate scoops up Arts District warehouse loft for $20 million 4. The...
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BLDG Partners brings small lot homes to Park Mile
Rendering of the project at 4701 Wilshire Boulevard It seems that no Los Angeles neighborhood is immune from the small lot home craze, not even the predominantly commercial Park Mile area. Developer...
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Forever 21 launching new beauty store concept Riley Rose
Forever 21 store (Getty Images) Fast-fashion retailer Forever 21 is getting dolled up. The company announced it would open a new freestanding shop called Riley Rose, which would focus on beauty, home...
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ICSC 2017 RECon attendees on adjusting to a new reality: PHOTOS
From TRD New York: The mood from the floor of the International Council of Shopping Centers’ RECon Monday was a defensive optimism, colored by a recognition that leasing volume was healthy in part...
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Architect Pierre Koenig’s home hits market for $4M
Dorothy Street home (MLS) The longtime personal estate of the late Modernist architect Pierre Koenig and his wife, Gloria, is on the market for the first time in 32 years. The Brentwood home, which was...
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How brokers are making bank from retail bankruptcies
From the retail issue: Retail has seen brighter days. But one company’s loss may be another’s gain. As more retailers shutter in the wake of shifting consumer patterns, the rampant store closures...
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Ktown restaurateur’s Pico Union hotel conversion will include major...
Rendering of the hotel at 1543 W. Olympic Boulevard (Credit: Corbel Architects) Hoteliers are still hot for Koreatown. Koreatown restaurateur Chul Heay Shin submitted plans to include a collection of...
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CoStar makes big push at ICSC
CoStar at ICSC (Adam Pincus) From TRD New York: CoStar Group is blanketing ICSC, more than doubling its attendance from last year. making it one of the top 30 firms at the show. The dominant player in...
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Absent NYC land deals, Toll looks to LA
121 E. 22nd Street, Doug Yearley From TRD New York: For the better part of three years, national homebuilder Toll Brothers has been window-shopping around New York City but hasn’t yet opened up the...
View ArticleTRD‘s top stories: Brokers Ben Bacal and Ryan Davis locked in commission...
Current reader favorites: 1. Ben Bacal embroiled in dispute over commission on Megan Ellison’s home 2. Inside the retail apocalypse 3. The Real Deal’s National Retail Market Report is live! 4. DLJ Real...
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Proposed Chaplin Hotel on Sunset Boulevard would have decorative solar panels
Rendering of the Chaplin Hotel at 7225 W. Sunset Boulevard (Credit: Hollywood Hills West Neighborhood Council) This Hollywood hotel will be ready for the sun. A new hotel project known as the Chaplin...
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Elliman’s marketing blitz continues with new multi-million dollar campaign
Scott Durkin, Howard Lorber ad Elliman ads (Click to enlarge) From TRD New York: For months, it looked like Douglas Elliman was permanently rolling back some of its more of its flashier marketing...
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Los Angeles Kings goalie Jonathan Quick catches offer on $4M Manhattan Beach pad
Jonathan Quick, Manhattan Beach home (Getty Images/MLS) Los Angeles Kings goalie Jonathan Quick listed his two-story Manhattan Beach home last week with an asking price of $3.9 million. After two days...
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The new Shahs of Sunset: Behind Jeff Klein’s deal to bring in Len Blavatnik...
From left: Jeff Klein, the Sunset Tower Hotel and Len Blavatnik (Getty, JK Hotel Group) Good news for L.A.’s glitterati. The Sunset Tower Hotel — the see-and-be-seen hotspot whose Tower Bar hosts...
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Fed may raise interest rates again in June
Janet Yellen (Credit: Getty Images) The Federal Reserve may raise interest rates as soon as next month, the minutes from a recent policy meeting show. In the minutes, released Wednesday, official at...
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REITs keep it classy — Class A, that is
Adding entertainment, like the ice rink at Simon’s Galleria in Houston, is one way malls are attracting customers. From TRD New York: Retail real estate investment trusts have taken a beating since the...
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Will DTLA’s housing development lead to a glut of empty units?
Downtown L.A., Carol Schatz (Getty Images/DCBID) Construction sites litter almost every district of Downtown Los Angeles, as Oceanwide Plaza’s towers rise in South Park and Suncal plans its $2 billion...
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Leung pushes to move Sea Breeze project ahead despite DA investigation
Mayor Eric Garcetti, Council member Joe Buscaino and a rendering of the Sea Breeze project at 1309 Sepulveda Boulevard (Credit: City Planning, LA Mayor, LA 15th District) The developer of Sea Breeze, a...
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Kimpton Hotel project at YWCA building squashed by Pasadena officials
YWCA building (Google Maps) Pasadena’s City Council initially voted in April to hold off on the 181-key Kimpton Hotel development after developer KHP Capital Partners, the Kimpton-affiliated equity...
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