Los Angeles’ Historic South Central neighborhood could get two new mid-rise affordable housing buildings.  Pasadena-based Garwood has filed plans with the Los Angeles Department of City Planning to develop 1708 and 1715 South Wall Street into more than 200 units of affordable housing, L.A. Yimby and Urbanize Los Angeles reported.

Rancho Palos Verdes has waved the white flag in its standoff with YIMBY reforms. The Rancho Palos Verdes City Council voted Tuesday to keep the zoning changes it adopted in its housing element last April rather than wade into uncharted legal territory to block a 16-unit development maligned by neighbors

Airline, hotel and concession companies are banding together to overturn Los Angeles’ newly approved minimum wage hike for tourism workers in the lead-up to the 2028 Olympics.  The Los Angeles Alliance for Tourism, Jobs and Progress is the latest group speaking out against the recently passed ordinance, with a rally

In its latest deal in Silicon Beach, Clarion Partners has sold an office campus to Barings for nearly $151 million.  Barings bought i|o at Playa Vista, a creative campus at 12150 Millennium Drive, for $150.7 million, Bisnow and L.A. Business First reported. The 307,000-square-foot mixed-use complex opened in 2010 and

RH CEO Gary Friedman’s Beverly Hills pad, nicknamed “The Promontory,” has returned to the market for $39.5 million. The executive, who helms the upscale home furnishings retailer formerly called Restoration Hardware, previously tested a nearly $45 million price on 1500 Gilcrest Drive at the end of 2023 before taking it

The Strick House, the only home in North America designed by Pritzker Prize-winning architect Oscar Nieyemer, is on the market.  The former Santa Monica residence of filmmaker Joseph Strick is available for just under $20 million, Robb Report reported. The home, located at 1911 La Mesa Drive, was completed in

A new competition birthed out of the University of California, Los Angeles, will deliver innovative housing designs on small lots across the city.  CityLab-UCLA, a think-tank based in the school’s architecture department, partnered with the city to create the Small Lots, Big Impacts design competition, aimed at producing dense developments

Brookfield Properties offloaded another Downtown Los Angeles office tower for less than the debt tied to the property.   Uncommon Developers bought 601 S. Figueroa Street for $210 million, or $201 per square foot, in an off-market sale, according to a spokesperson for Colliers, which represented the buyer.  It’s the biggest

Buyers had water on the brain, with last week’s top contracts driven by beachside communities.  Asking prices of the top homes that went into contract came in lower than usual for the Eklund Weekly Luxury Report Los Angeles as the top three deals had buyers flocking to the surf and

The Lyon Estate, a 137-acre compound in Coto de Caza once home to late real estate developer William Lyon, is on the market for $125 million.  The property features much more than just a 21,000-square-foot Georgian-style mansion. It has a car museum and a history of hosting guests like President