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San Gabriel developer gets zone change for Pico-Union hotel project
2268 W. Pico Boulevard (credit: Google Maps) San Gabriel-based developer Tauan Chen is one step closer to building a 125-key hotel in the Pico-Union neighborhood. The Los Angeles City Council approved...
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Big Business is slamming Trump for his stance on Charlottesville. Real estate...
Protesters gather outside of Trump Tower along Fifth Avenue on August 14, 2017 in New York City. (Credit: Getty Images) From TRD New York: UPDATED, 9: 29 p.m., August 18: After President Trump blamed...
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Are pop-up shops becoming a permanent fixture?
Kanye West opened pop-ups in 21 cities, including NYC, last summer. From TRD New York: Pop-up shops are getting access to some of the best storefronts in New York City under so-called licensing deals,...
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Jay-Z and Beyoncé finalize deal for $90M Bel Air mansion
Rendering of 454 Cuesta Way, Jay-Z and Beyoncé (McKillen Developments/Getty Images) It’s official: Jay-Z and Beyoncé have finalized their purchase of a new Bel Air mansion. The superstar couple finally...
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Redondo Beach slaps temp ban on mixed-use projects
Mayor Bill Brand, South Bay Galleria (City of Redondo Beach/Creative Commons) Redondo Beach officials put a temporary ban on mixed-use developments, in a nod to growing opposition to large-scale...
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Cointreau heiress lists Malibu home for $12.5M
Béatrice Cointreau and Malibu home (Admirable Family Vineyards/MLS) Liquor heiress Béatrice Cointreau, the great granddaughter of Cointreau liquor founder Edouard Cointreau, listed her own vineyard...
View Article“Co-marketing” arrangements put Zillow in hot water
From TRD New York: You’re probably familiar with the online realty marketing giant Zillow because of its voluminous home sale listings and its controversial “Zestimate” property valuation feature. But...
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Stratford Partners buys San Gabriel Valley apartment complex from TruAmerica
1940 Fullerton Road (CBRE) An entity linked to West Los Angeles real estate investment firm TruAmerica Multifamily just shed one of its San Gabriel Valley properties. It sold the Azure Apartments in...
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San Francisco and LA are neck-to-neck at the high end of the resi market
(Credit: Cat Callaghan and Constantine Valhouli, click to enlarge) If you want to own the priciest listing (per square foot) in New York, a duplex penthouse at 15 Central Park West, get ready to shell...
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Equinox nabs first location in Culver City
Equinox instructor Sam Rothermel (via Equinox), One Culver rendering (via LBA) Equinox is gobbling up space all over Los Angeles County, and doesn’t seem to be slowing its (VO2 Max) pace. The fancy...
View ArticleWATCH: This week in real estate numbers
A 1 million sf lease at 1 Manhattan West, 26 L.A. hotels trading hands and a $32 million Brickell development site. In real estate, it’s all about the numbers. This past week, The Real Deal reported on...
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This week in celebrity real estate: Jay-Z and Beyoncé sign on dotted line,...
Beyoncé and Jay-Z, David Arquette, Kate Walsh and Walsh’s Encino home (Getty Images/MLS) Roll out the red carpet, Los Angeles. After years of renting pricey pads including a ridiculous $400,000 per...
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The priciest home listings in LA last week
Priciest listings (MLS) Two views of the Los Angeles Country Club are certainly better than one. The ultra-luxe Beverly West tower saw two of its condominiums hit the market last week, asking over $8...
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This is the salary you need to earn to buy a home right now in LA, New York...
From TRD New York: Using the National Association of Realtors’ data on housing affordability, Business Insider gathered a list of the US metro areas where the minimum salary required to qualify for a...
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Almost no one is happy about Inglewood’s latest stadium agreement with the...
The Forum (Getty Images) You can’t please all of the people all of the time — especially not during L.A.’s planning process. Case in point: the City of Inglewood’s negotiations with the Los Angeles...
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Anbang’s head of real estate is out
Theo Cheng From TRD New York: Anbang Insurance Group’s head of real estate, Theo Cheng, is leaving amid uncertainty over the company’s leadership. Cheng oversaw Anbang’s real estate division and real...
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Stars — they’re just like us! Jay-Z and Beyoncé take out conventional...
Rendering of 454 Cuesta Way, Jay-Z and Beyoncé (McKillen Developments/Getty Images) Even the king and queen of pop culture need a little help from their friends at the bank now and then. Power couple...
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The Chinese pullback won’t bring down real estate prices, according to...
Brookfield Property Partners CEO Brian Kingston and 245 Park Avenue From TRD New York: A pullback from Chinese investors won’t have a major impact on real estate prices, according to Brookfield...
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Megachurch pastor — whose congregation includes Magic Johnson and Denzel...
Benedict Canyon Drive, Mae and Charles E. Blake Sr. (MLS/Church of God in Christ Inc.) Unlike a foolish man who built his house on the sand, Bishop Charles E. Blake Sr. has a house built upon the rocks...
View ArticleLooks like photographer Francesco Carrozzini just sold his Beverly Hills mansion
From LLNYC: A little over a month ago photographer and filmmaker Francesco Carrozzini listed his luxury home on a celebrity-loved, gated street in Beverly Hills for $6.9 million. Now, it appears that...
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