Because of condo litigation in California, builders have to charge an extra $15,000 to $25,000 per unit. |
Finally, L.A. will have a center that's worthy of the city. |
It's like downtown LA has been in a vacuum for the last quarter-century. The core has been ignored. But now the time for downtown has come. ... We saw solid fundamentals there - a huge opportunity in new urban housing. |
People don't realize what's happening. We'll probably build three new residential buildings there before anyone else delivers one. |
The homeless problem needs to be addressed. |