Would you pay $1.9 million for 2,500 square feet in the Eastern Columbia building? How about $5 million for 3,500 square feet in the Biscuit building? Okay, but what if I were to throw in a private elevator? Downtown penthouses are difficult to sell, in part, says the L.A. Times, because the downtown luxury market faces “hefty competition” from projects in Century City, Westwood, and Beverly Hills. I submit that when a Century City penthouse sells for $47 million before the buyer has even seen the view, there is no competition. Let’s judge downtown on its own merits.
Mayor Villaraigosa was all set to deliver a political speech at the Human Rights Campaign gala dinner last Saturday in San Francisco, when he bailed out last-minute. Spokesman Matt Szabo claims the speech would've required the mayor to cross a picket line. Joseph Mailander offers spot-on analysis of this latest calculation in Villaraigosa’s quest for higher office:
The Mayor's team typically hears pitches only canines can hear when it comes to identity politics. This latest fiasco-for-a-few is a case-in-point as to how far the Mayor's team is willing to go to troll for handfuls of Governor votes.
Three downtown parks, three critiques. L.A. Weekly savages the proposed design for Civic Park (pictured above), while the Downtown News heaps praise and pity on Vista Hermosa Park and Pershing Square, respectively.
Finally, 2008 and 2009 are shaping up to be Years of the Pig. Mayor Villaraigosa’s phone and trash taxes, Bill Rosendahl’s parking meters, Janice Hahn’s gang tax, and the M.T.A. sales tax. Now, for you unincorporateds, a Measure S redux; a new and improved L.A. County phone tax that includes text messaging and a trigger to tax internet services, if, and when, the federal ban sunsets. The kicker? You guessed it—it’s billed as a tax cut. Yet another, in a growing list of reasons, to support self-determination for East Los.