Douglas Yearley of Toll Brothers UPDATED Wednesday August 21, 2019, 4:07 p.m.: Amid a softening luxury market, homebuilder Toll Brothers is developing lower-priced properties as it reaches out to higher-earning millennials. But the company is still enduring a difficult period, and its third quarter results released Wednesday saw a nearly 25 percent drop in net […]
Big trouble at The Liddel: Carpet USA sues over unpaid work at luxury condo
Erin Anderson, development manager at Palisades Capital Partners and The Liddel on Wilshire Boulevard The floors at The Liddel luxury condo development in Westwood have long been covered, but Carpet USA says it is still owed for its work. The Inglewood-based company is suing the building’s developer, Palisades Capital Partners; the general contractor, Lendlease; and […]
Millennial bait? This condo comes with free avocado toast for a year
(Credit: iStock) A luxury condo development in metropolitan Vancouver, Canada, hopes to draw younger buyers by offering the latest millennial-inspired incentive: free avocado toast for a year. The Kira is a 116-unit condominium that will open this year with amenities including on-site rooms reserved for meditation and landscaped courtyards on the roof. But its most […]
Cosmetics founder sells penthouse, marking LA’s top condo deal this year
Toni Ko and 1755 Ocean Avenue (Credit: Getty Images and Realtor) Toni Ko, who founded her own cosmetics company at 25 and eventually left with a quarter-billion-dollar fortune, has sold her penthouse on Santa Monica’s Ocean Avenue. The $12.5 million condominium sale is Los Angeles County’s biggest this year, records show. The buyer was two […]