ST Alpha - "I stay in the hotel across from it whenever I'm in LA. It's crazy that the buildings have been abandoned for years -- nm" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 163

In response to "Drone video shows graffiti covering luxury high-rise in LA -- (link)" by LMS

I stay in the hotel across from it whenever I'm in LA. It's crazy that the buildings have been abandoned for years -- nm

Posted by MDH Feb 7 '24, 08:42

(No message)

Responses:

everyone told Karen Bass to impose a vacancy tax on these things. still waiting afaik -- (link*) - hollywood big shot Feb 7, 08:43 9
- My understanding is its a foreign company that abandoned the project, so I doubt they would be paying. -- nm - MDH Feb 7, 08:54 8
  - But the gov't could then get a lien on the property, and then maybe sell to a new developer. -- nm - Roger More Feb 7, 08:56
  - seize it, eminent domain -- nm - hollywood big shot Feb 7, 08:56 6
    - Not disagreeing with you. These things take time though, which is likely part of the holdup. -- nm - MDH Feb 7, 08:57 3
      - Looking it up, there's a wiki page. The property has been listed for sale -- (link) - Roger More Feb 7, 09:00 2
        
        the problem seems to be even if you could buy it in a distressed sale situation, it still needs another $1b+ to complete the build out - hollywood big shot Feb 7, 09:10 1
        
        it's all the Chinese fault! -- nm - decline Feb 7, 09:16
    - Taggers did. -- nm - Spawn Feb 7, 08:57 1
      - heh -- nm - mud Feb 7, 08:58
I wonder how many families those buildings could house ? -- nm - decline Feb 7, 08:43

Post a message top

Replies are disabled on threads older than 7 days.