Neil Shekhter, founder and CEO of NMS Properties and a rendering of 1543 7th Street (Credit: Santa Monica Review Board) Neil Shekhter’s NMS Properties is expanding its residential reach in Santa Monica. The firm is proposing a 100-unit apartment building with 4,441 square feet of ground-floor retail space, according to Urbanize. In August, an NMS […]
Potential Fatality in Hit and Run Accident
Victim may have been riding scooter, says initial reports. By Sam Catanzaro A hit and run accident in Santa Monica last night may have resulted in the death of a scooter rider, according to the Santa Monica Police Department (SMPD) and a social media post. An Instagram post from the account @scootersbehavingbadly (see below) describes […]
Federal appeals court sides with Santa Monica over Airbnb, in blow to home-sharing
Brian Chesky and the 9th District Court of Appeals (Credit: Getty Images and Wikimedia) A federal appeals court dealt Airbnb and HomeAway a major blow in their extended battle with Santa Monica over the city’s restrictive home-sharing rules. The decision by the 9th Circuit Court allows Santa Monica to continue to hold home-sharing platforms liable […]
DUI Checkpoint in Santa Monica Friday
SMPD to conduct DUI checkpoint March 15 at an undiclosed location. By Staff Writer In recent years, California has seen a disturbing increase in drug-impaired driving crashes and the Santa Monica Police Department (SMPD) is addressing this issue by holding a DUI checkpoint this Friday, March 15. “The Santa Monica Police Department (SMPD) supports the […]
Mobile lender Tala trades up for larger Santa Monica office; Knotel takes old digs
Tala founder and CEO Shivani Siroya is moving the company from 429 Santa Monica Boulevard to 1633 26th Street in Santa Monica The mobile financial technology company Tala is trading up for a larger office in Santa Monica. Tala inked a lease with for 30,600 square feet at Kilroy Realty Group’s 1633 26th Street. It […]
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 […]