The Manhattan borough president asked prosecutors to investigate the condo tower, which she said was taller and larger than allowed. Source: NYT > Business – Matthew Haag
George Soros protege buys newly built multifamily complex in Mid-City
5955 Saturn Street and Mark Sonnino (Credit: BuzzBuzzHome) A New York hedge funder who also does business in Miami is dipping his toe into the Los Angeles multifamily market. An entity tied to Mark Sonnino, protege of billionaire investor George Soros, paid $21 million for a multifamily complex built this year, property records show. The […]
domains: Assisted Living. For All Ages.
At all these gleaming new Manhattan luxury developments, life is a banquet of self-enrichment. Source: NYT > Business – PENELOPE GREEN
Wealth Matters: When Condo Boards and Residents Clash, Legal Bills Mount
When people buy into a development with a board or housing association, landing in the middle of a board dispute can be a financial disaster. Source: NYT > Business – PAUL SULLIVAN
CGI Strategies shifts tower plan from rentals to condo-hotel
Gidi Cohen and a rendering of 39 South La Brea Avenue CGI Strategies has a new plan for its proposed mixed-use tower in Hancock Park on the Fairfax District border. The Woodland Hills-based developer is now looking to build 121 condominium units and a 125-room hotel at 639 South La Brea, according to a filing […]
The end is near: Woodridge Capital starts marketing Century Plaza condos after project delays
Woodridge CEO Michael Rosenfeld and a rendering of the Century Plaza project at 2025 Avenue of the Stars (Credit: Getty, Next Century Partners) One of the biggest and most delayed construction projects in Los Angeles is nearing the finish line, and the developer is casting a wide net. Woodridge Capital Partners filed for approvals to […]