The legislator is a landlord: A quarter of California lawmakers also collect rent

Along with voting on bills that include rent control caps and new protections for renters, one of the preferred side hustles for California legislators is collecting rent from tenants. At least 30 lawmakers — or 25 percent of the 120-member Legislature — own properties that generate income from renters, according to a CALmatters report. Many… Read More The legislator is a landlord: A quarter of California lawmakers also collect rent

Brooklyn’s luxury market just had its best week of the year so far: Stribling

Last week was the best week of the year so far for Brooklyn’s luxury market, as the borough saw 18 contracts signed for a total of about $53.6 million. The properties were split between nine townhouses and nine condos, and they went for an average price of about $3 million, according to the latest report… Read More Brooklyn’s luxury market just had its best week of the year so far: Stribling

Natural History Museum gets court clearance for $383M expansion

The effort to stop construction on a new educational center at the American Museum of Natural History has likely come to an end. The New York State Supreme Court Appellate Division has dismissed an appeal to reverse an earlier court ruling that cleared the museum to start work on its $383 million Richard Gilder Center… Read More Natural History Museum gets court clearance for $383M expansion

Brooklyn’s luxury market just had its best week of the year so far: Stribling

Last week was the best week of the year so far for Brooklyn’s luxury market, as the borough saw 18 contracts signed for a total of about $53.6 million. The properties were split between nine townhouses and nine condos, and they went for an average price of about $3 million, according to the latest report… Read More Brooklyn’s luxury market just had its best week of the year so far: Stribling

Natural History Museum gets court clearance for $383M expansion

The effort to stop construction on a new educational center at the American Museum of Natural History has likely come to an end. The New York State Supreme Court Appellate Division has dismissed an appeal to reverse an earlier court ruling that cleared the museum to start work on its $383 million Richard Gilder Center… Read More Natural History Museum gets court clearance for $383M expansion

Long-delayed North Brooklyn rezoning plan hits another roadblock

The city revived plans to rezone an industrial stretch of North Brooklyn last fall, when it published a plan for the rezoning two years behind schedule. But those plans could already be dead once again. City Council Member Antonio Reynoso, who represents part of the Industrial Business Zone stretching from Greenpoint to Bushwick along Newtown… Read More Long-delayed North Brooklyn rezoning plan hits another roadblock

Media and Entertainment Dominate LA Office Sector Growth: Report

The media and entertainment industries continue to rule much of the office sector growth in Los Angeles, while coworking operators like WeWork snap up large swaths of space in markets where industry professionals seek flexible space, according to a recent report from JLL. As major legacy studios and other heavyweights like Apple ramp up their… Read More Media and Entertainment Dominate LA Office Sector Growth: Report