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Neighborhood council says ‘no thanks’ to Villa Carlotta hotel conversion
The Villa Carlotta at 5959 Franklin Avenue (credit: Martin Turnbull) The Hollywood United Neighborhood Council flashed a big thumbs-down to developer CGI Properties’ proposed conversion of the famous...
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PHOTOS: LLNYC celebrates latest issue with Martha Stewart and Terry Richardson
Scenes from a Luxury Listings NYC party celebrating the latest issue (credit: Alistair Gardiner) From the New York website: “De-licious!” That was the verdict from Martha Stewart after tasting chef...
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Home of Walt Disney’s first L.A. studio in danger of demolition
Walt Disney and the home at 4406 Kingswell Avenue (credit: Google Plus, Tales of the Flowers) The modest bungalow at 4406 Kingswell Avenue has two bedrooms and totals 1,458 square feet. Beyond its...
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Grindr expands its lease at the Pacific Design Center by 30%
The RedBuilding at 750 San Vicente Boulevard and Grindr founder and CEO Joel Simkhai on the Grindr interface Netflix and chill, this is not. It looks like this hookup is leading to commitment. Gay...
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Bold Films inks 14K sf lease at Hollywood 959
The Hollywood 959 development and Jerry Snyder Developer Jerry Snyder’s recently completed Hollywood 959 development is attracting, well, Hollywood tenants. Bold Films — the company that co-produced...
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Current reader favorites: 1. California RE leaders foresee topping off in market: survey 2. Controversy swirls around Equity’s proposed DTLA tower 3. Co-working company nabs 27K sf at Arts District’s...
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Larry Flynt threatens to back out of new casino project amid dispute with...
Larry Flynt and his Hustler Casino in Gardena (credit: LinkedIn, Wikipedia) Is Larry Flynt bluffing? The casino mogul and porn aficionado has threatened to walk away from redeveloping the aging...
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Luxury lags behind overall LA market as buyers take pause
The Los Angeles skyline The market for high-end homes in Los Angeles is showing some signs of topping out, despite strength in the middle and entry-level housing markets, according to a new report by...
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For Compass backers, ROI remains far off
Compass listings from Aspen, Los Angeles, New York City and the Hamptons, and Robert Reffkin (Illustration by Lexi Pilgrim for The Real Deal) From the New York website: For investors in Compass, there...
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LA provocateur builds a wall around Trump’s Hollywood star
Plastic Jesus’ wall installation (credit: Plastic Jesus) Donald Trump got his wall. Well, a wall, at least. The Los Angeles street artist Plastic Jesus recently built a miniature concrete wall around...
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Real estate boosts Blackstone’s profits in Q2
Chart of Blackstone’s profits (credit: Blackstone) and Jonathan Gray From the New York website: UPDATED, July 21, 11: 29 a.m.: The Blackstone Group’s profits rose in the second quarter in large part...
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Bolour Associates wants to move forward with version of apartment complex...
3160 Riverside Drive as an event space in 2013 and Adam Eisenberg of Bolour (credit: Yelp, Bolour) Better late than never. Real estate firm Bolour Associates recently submitted plans for a 65-unit...
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Pete Sampras and Bridgette Wilson want nearly $9M for Brentwood home
Pete Sampras and his Brentwood home Pistol Pete is shooting for a $3 million profit on the sale of his L.A. pad. Tennis ace Sampras and his wife, actress Bridgette Wilson, have listed their Brentwood...
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Related California CEO Bill Witte on how LA developers should navigate...
Related California CEO Bill Witte and a photo of the DTLA skyline by Hunter Kerhart It’s an awkward time to be a developer in Los Angeles, as proposals are planned for the next two ballots that could...
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Current reader favorites: 1. CA RE leaders foresee topping off in commercial market: survey 2. Anti-mansionization measures receive green light 3. Bold Films inks 14K sf lease at Hollywood 959 4....
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New proposal would ban picketing outside Manhattan Beach homes
Greg Geiser A proposal to ban picketing outside Manhattan Beach homes is being considered at the request of a disgruntled real estate executive, who claims an angry throbbing mob outside his home...
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WeWork battling another data leak
From left: Miguel McKelvey and Adam Neumann From the New York website: A week after WeWork saw internal financial estimates splashed all over the internet, the company is battling another data leak....
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Japanese Village fails to halt DTLA Metro project
The Japanese Village Plaza at 335 East 2nd Street (credit: Tanama Tales) Japanese Village has a bone to pick with Downtown L.A.’s latest public transit project. The pedestrian mall’s property owners...
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Here’s how much a top capital broker makes
Michael Campbell Brokers will talk your ear off about deals they’ve done. When it comes to commissions, however, they’re far more secretive. A recent personal bankruptcy filing by a top capital markets...
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Gardena City Council gives in to Larry Flynt’s casino demands
Larry Flynt and the Normandie Casino at 1045 West Rosecrans Avenue Turns out he wasn’t bluffing. Just two days after Larry Flynt shut down his recently acquired Normandie Casino, the Gardena City...
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