Chandler Partners CEO Dan Chandler Chandler Partners is ready to go vertical with a controversial mixed-use project in Los Feliz. The Burbank firm has cleared a former auto parts store at 4531 Hollywood Boulevard near the Vermont/Sunset Metro Red Line station for its 202-unit project, according to Urbanize. The “City Lights” development will also have […]
Here are the latest under 50-unit resi projects proposed in LA
From top left, clockwise: Development sites on Rossmore Avenue, Spaulding Avenue, Hi Point Street, and Victory Boulevard (Credit: Google Maps) All four of the under 50-unit apartment projects proposed in Los Angeles seek to take advantage of the city’s Transit Oriented Communities program. The popular program provides incentives to developers who include affordable units near […]
Kazakh bank says Sater considered laundering money into Trump Tower Moscow
From left: Felix Sater, Mukhtar Ablyazov, and Ilyas Khrapunov with a rendering of Trump Tower Moscow (Credit: Getty Images, RFE/RL, and OCCRP) A new lawsuit filed by Kazakhstan’s BTA Bank alleges Trump Soho developer Felix Sater planned to invest stolen money into a Trump Organization development in Moscow, the same planned tower said to have […]
Oceanwide Plaza megaproject now facing $100M in liens
Oceanwide Holdings CEO Thomas Feng and Oceanwide Plaza Oceanwide Plaza is sinking deeper in debt. The megaproject in Downtown Los Angeles and its developer, Oceanwide Holdings, have been hit with new claims from contractors for unpaid work, bringing the total amount owed to $98.6 million. That’s almost twice as much as was owed last month. […]
Drilling down: Dentist-developer plans TOC project in red-hot Westlake
Dr. Alireza Mossavaghi and the 8th Street development site The development rush in Westlake is real, and now one dentist even wants in. Dr. Alireza Mossavaghi has filed plans for a 57-unit mixed-use project in the neighborhood. Acting through Alvarado Center LLC, Mossavaghi wants to build the project at 2101 W. 8th Street, at Alvarado […]
The Closing: Anthony Scaramucci
Anthony Scaramucci (Photos by Studio Scrivo) Anthony Scaramucci may be best known for his 11 tumultuous days as President Donald Trump’s White House communications director, before he got the axe from then-Chief of Staff John Kelly in July 2017. That was the first time Kelly and Scaramucci had met. The fast-talking 55-year-old financier, whose recent […]