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Vote could stop demolition of buildings under investigation for Ellis Act...
1332-1334 N. Formosa Avenue (Google Maps) Los Angeles City Council voted unanimously last week to consider a new policy halting the demolition of properties while they’re under investigation for...
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The priciest home listings in LA last week
Priciest listings (MLS) Veteran daytime television director and producer Shelley Curtis Litvack is ready for a second act. Litvack and her cardiologist husband, Frank, have listed their longtime Bel...
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Rumor has it: Will Los Angeles Times move to Shorenstein’s Aon Center?
The Aon Center at 707 Wilshire Boulevard and the Times Mirror Square at 202 W. First Street Is the deadline up for the Los Angeles Times? The rumor mill sure seems to think so. The newspaper, run by...
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May I cut in? Zillow rivals see opportunity amid NYC listings fight
From left: Andrew Florance, Phil Horigan and Susan Daimler From TRD New York: Late last week, representatives for Apartments.com, a subsidiary of real estate tech giant CoStar Group, began reaching out...
View ArticleTRD‘s top stories: Scott Gillen’s “gross” land deal, CIM sells office complex...
Current reader favorites: 1. “It’s a gross amount of money”: Scott Gillen closes on record $50M land purchase 2. CIM Group sells Sunset Strip complex to Korman Communities, Brookfield 3. See ya, CEQA?...
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Qatar is so filthy rich that even its servants have a $41M mansion
12 East 73rd Street, Andrew Farkas and Tamim bin Hamad Al Thani From TRD New York: It’s Maid in Manhattan — Qatari style. The Middle Eastern nation reportedly bought billionaire Andrew Farkas’ mansion...
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Mindy Kaling sells home in Hills for $1.6M — that’s a $100K loss
The home on Sierra Mar Drive Seems like Mindy Kaling latest project was quite the bust. The actress and writer unloaded a property in Hollywood Hills West for $1.6 million, the Los Angeles Times...
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Republican Senators to DHS: Whoa, please don’t make EB-5 more expensive!
From left: Dean Heller, Thom Tillis and Rand Paul From TRD New York: A group of Republican senators want the Department of Homeland Security to roll back an Obama-era proposal that would drastically...
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Happy Fourth of July!
In honor of the Fourth of July, we’ll be heading out to celebrate for the remainder of the afternoon. Have a safe, enjoyable holiday — and don’t forget to check back tomorrow morning. We resume our...
View ArticleTRD‘s top stories: Scott Gillen’s “gross” land deal, Kevin Spacey sells Los...
Current reader favorites: 1. “It’s a gross amount of money”: Scott Gillen closes on record $50M land purchase 2. Kevin Spacey sells Los Feliz compound for $11M: report 3. Rumor has it: Will Los Angeles...
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Here’s how Trump transferred wealth to his son while avoiding the usual taxes
Then nominee Donald Trump kisses son Eric during a campaign event (Credit: Getty Images) From TRD New York: This story was co-published with ProPublica In April 2016, as Donald Trump was on the cusp of...
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City Council rejects appeals against Beverly Grove condo conversion
118-126 N. Flores Street City Council dealt a blow to housing activists last week when it rejected appeals against an eight-unit condo conversion of two Beverly Grove apartment buildings. Activists...
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Culver City development to become part of new HBO HQ: report
Rendering of the project at 8777 Washington Boulevard UPDATED, 12.35 p.m., July 5: HBO will absorb a Culver City mixed-use building being developed by Lincoln Property Company as its new Los Angeles...
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Office leasing slows in LA and country’s other largest markets: report
Wilshire Grand and other DTLA office buildings (credit: skyrise cities) The L.A. leasing market is becoming a drag. Available office space in Los Angeles and four other of the country’s largest office...
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A quarter of the country’s million dollar zip codes are located in SoCal: report
Beverly Hills Where does the other half live? Southern California, apparently. The Southland is home to close to a quarter of the country’s million-dollar housing communities, according to Realtor.com...
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Is co-living’s awkward phase permanent?
(Illustration by Hanna Barczyk) From TRD New York: The nondescript, three-story brick apartment building on Marcy Avenue, between Vernon and Myrtle Avenues, in Bedford-Stuyvesant might seem like a...
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Parking lot operator files CEQA lawsuit against city over $5B LAX redevelopment
Rendering of the people mover component of the LAX modernization It’s not the NIMBYs this time around. The operator of the Parking Spot near LAX is suing the City for its approval of a $5 billion...
View ArticleTRD‘s top stories: Inside HBO’s new HQ, Scott Gillen’s “gross” land deal …& more
Current reader favorites: 1. Culver City development to become part of new HBO HQ: report 2. “It’s a gross amount of money”: Scott Gillen closes on record $50M land purchase 3. Rumor has it: Will Los...
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Bottoms up! New bill could allow LA bars to stay open until 4 a.m.
(Credit: Wiki Commons) A proposed bill before the state legislature would allow towns across California to extend bar hours to 4:00 a.m. — welcome news for L.A. bar owners who’ve struggled to keep up...
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Blackstone, Apollo are considering $34B Banco Santander real estate...
The Blackstone Group’s Jonathan Gray and CEO of the Santander Group, Jose Antonio Alvarez From TRD New York: Spanish lender Banco Santander wants to sell a 51 percent stake in a staggering mortgage and...
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