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SF real estate

Tori Spelling's Former Los Angeles Rental Is Available for $16.5K a Month

Tori Spelling's former Woodland Hills, CA rental is available for $16,500 per month.

The property includes a three-bedroom main house plus an attached one-bedroom guesthouse, both fully furnished. [ more ]

moreSF real estate

therealdeal.com

Multifamily Starts in LA County Fall to Fewest Since 2012

Construction of market-rate apartments in Los Angeles County hit a low in 2019, with only 8,000 units being built, the fewest since 2012.

Rising interest rates, lower tenant demand, and new real estate transfer taxes are all contributing to the slowdown in apartment construction in Los Angeles. [ more ]

therealdeal.com

Top Multifamily Sale Prices Fall During 2023 in LA market

The top prices for Los Angeles multifamily properties in 2023 were significantly lower than the previous year.

The average sales price for residential units in Los Angeles dropped by 19.4 percent. [ more ]

therealdeal.com

For LA Agents, Luxury Home Sales Surge in December

December saw a 4.5% increase in signed contracts for single-family homes in Los Angeles County compared to the previous year.

Luxury homes priced above $5 million experienced a 41% increase in year-over-year transactions in December. [ more ]

therealdeal.com

Brookfield DTLA towers lead SoCal's top defaults in 2023

A wave of borrowers in Los Angeles and Orange County defaulted on loans tied to commercial properties as they struggled to make mortgage payments.

Brookfield Properties defaulted on $1.1 billion worth of debt tied to three office towers in Downtown L.A. due to rising interest rates. [ more ]

Los Angeles Times

University of California poised to buy former Westside Pavillion

(Mel Melcon / Los Angeles Times)

therealdeal.com

$200M Deal Tops List of LA's Priciest House Sales in 2023

Jay-Z and Beyonce broke records with their $200 million purchase of a Malibu estate in California.

The luxury market in Los Angeles saw a 37% drop in sales of homes priced at $10 million and above in 2023 compared to the previous year. [ more ]

Los Angeles Times

Massive dumping ground of WWII-era munitions discovered off Los Angeles coast

Scientists have discovered a massive dumping ground of military weaponry off the coast of Los Angeles, including munition boxes, smoke floats, and depth charges from the World War II era.

The discovery was made as part of an effort to map and understand the history of ocean dumping in the region, and it remains unclear what risk these discarded weapons pose to the environment. [ more ]

Los Angeles Times

Two killed, three wounded in New Year's Day shooting in downtown L.A.

Two people killed, three wounded in shooting in downtown Los Angeles.

The shooting occurred early on New Year's Day, with no information available about the suspect or the motive. [ more ]

Los Angeles Times

Earthquake: 4.1 quake shakes near Rancho Palos Verdes

A magnitude 4.1 earthquake occurred off the coast of Rancho Palos Verdes, according to the USGS.

The greater Los Angeles area experiences an average of five earthquakes with magnitudes between 4.0 and 5.0 per year. [ more ]

Sacramento Bee

4.1-magnitude quake rings in 2024 for Los Angeles area, seismologists say

A 4.1-magnitude earthquake shook the Los Angeles area in California on the morning of New Year's Day, the U.S. Geological Survey reported.

Los Angeles Times

Prosecutors seek 13-year prison sentence for former L.A. City Councilman Jose Huizar

(Irfan Khan / Los Angeles Times)

Los Angeles Times

Patt Morrison: Antisemitism is not new - certainly not in Los Angeles

Antisemitic incidents are on the rise in Los Angeles, including vandalism, physical attacks, and bomb threats.

Antisemitism in Los Angeles has historically been overlooked and denied, but it has always existed in various forms. [ more ]

www.mercurynews.com

2 killed, 8 wounded at New Year's party shooting in Southern California

Two people were killed and eight others were wounded in a shooting at a party in downtown Los Angeles.

The shooting is believed to have stemmed from a dispute at the party. [ more ]

ABC7 San Francisco

2 dead, 8 others injured at New Year's party in downtown Los Angeles

Two people are dead and eight others wounded in a shooting at an unsanctioned New Year's party in Los Angeles.

The identities of the victims have not been released and no arrests have been made at this time. [ more ]

Los Angeles Times

L.A. could easily top New York's silly New Year's Eve ball drop. So why don't we?

New York City's New Year's Eve ball drop has become a worldwide phenomenon

Los Angeles should capitalize on its iconic Hollywood sign for a unique New Year's Eve celebration [ more ]

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Los Angeles Times

The next pastry craze should be these flaky, golden nazooks for Armenian Christmas

Rose & Rye bakery in Los Angeles reflects the Armenian tradition of pastry making, influenced by various cultures.

The bakery offers a variety of pastries including nazook, lokumlu, Persian halva, Russian layer cakes, and more. [ more ]

Eater LA

Dig Into Wiener Schnitzel and Apple Strudel Cigars at Culver City's New Austrian Restaurant

Chef Bernhard Mairinger offers free meals to anyone taller than him at his new restaurant Lustig.

Lustig offers a more relaxed version of Mairinger's previous restaurant, BierBeisl, but still features his signature Austrian dishes. [ more ]

Eater LA

12 LA Bars and Restaurants Shaking Up Outstanding Non-Alcoholic Cocktails

Zero-proof spirit makers and local bartenders embracing the sober curious trend have led to a rise in high-quality non-alcoholic options.

Los Angeles offers several places where you can find delightful mocktails that appeal to both those who are taking a break from drinking and those who prefer non-alcoholic drinks. [ more ]

Los Angeles Times

Goodbye to Sweet Lady Jane and the famous triple berry cake

Sweet Lady Jane, known for its popular triple berry cake, has closed all of its bakeries in Los Angeles after 35 years in business.

The closures were attributed to the inability to meet lease obligations and pay employees a living wage in California. [ more ]

www.nytimes.com

New York City

Call That an Earthquake? By L.A. Standards, It Was a Nothing.

New York experienced a 1.7 magnitude earthquake before dawn on Tuesday, which is considered minor and not noticeable in places like Los Angeles.

New York experiences numerous tiny earthquakes every year, but most go unnoticed because they originate underground. [ more ]

Deadline

Marketing

Rosy Baker Joins Kovert Creative's Talent Team

Kovert Creative has added Rosy Baker to their talent team

Baker will focus on adding to the agency's talent client roster [ more ]

Los Angeles Times

Beer

In a sea of nonalcoholic IPAs, we tried 19 of them. Here's how they rank

Los Angeles is experiencing a boom in nonalcoholic drinking

Sales of nonalcoholic beers are expected to surpass $40 billion by 2032 [ more ]

PUNCH

Cocktails

What's a Gin & Tonic Without Gin or Tonic?

Austin Hennelly, bar manager at Kato in Los Angeles, offers a robust nonalcoholic program with more than a dozen original cocktails, five of which are nonalcoholic.

The nonalcoholic cocktails at Kato feature ingredients found in Taiwanese cooking and are designed to complement the restaurant's boundary-pushing tasting menu. [ more ]

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