Gregory Prosser
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California Coronavirus Evictions Decision Postponed

California Coronavirus Evictions Decision Postponed

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.California state judicial officials this week postponed a decision to resume evictions and foreclosure proceedings, which the state put on hold during the worst of the coronavirus pandemic.The Judicial Council was scheduled to vote on a proposal to allow those proceedings to start again on August 4, according to the Los Angeles Times.Some political leaders criticized the proposal, arguing that the Judicial Council should hold off...

June 11, 2020
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Korean Air Eyes Sale of Downtown LA’s Wilshire Grand Center

Korean Air Eyes Sale of Downtown LA’s Wilshire Grand Center

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.The tallest skyscraper west of the Mississippi may soon be up for sale, as the Korean conglomerate that owns it struggles to shore up its finances.Korean Air is in talks with investors regarding a possible sale of the 73-story Wilshire Grand Center in Downtown Los Angeles, the Korean Economic Daily , citing industry sources.The property was facing a $900 million debt maturity this month. On Wednesday, Korean Air’s board decided to...

September 17, 2020
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Los Angeles Controller Slams City Over Prop HHH

Los Angeles Controller Slams City Over Prop HHH

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.Los Angeles’ $1.2 billion bond that was meant to tackle homelessness has done very little to address the growing problem.That’s the bleak assessment of City Controller Ron Galperin, whose audit released Wednesday found that just three housing projects — 228 total units — have been completed in the four years since Proposition HHH passed with the overwhelming support of voters.And that’s despite the fact that of the total bond — or...

September 10, 2020
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