Rent Control Measures Advance in California

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The California Senate has advanced a bill that would bar landlords from raising housing rents more than 5% a year plus inflation and strengthen a provision preventing owners from evicting tenants without “just cause.” The state Senate voted 25-10 Tuesday to pass Assembly Bill 1482, part of an effort to address California’s increasing housing shortage and affordability crisis. AB 1482 …

Probate – Planning Ahead

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Because the notion of going through probate can be daunting, it’s as good a time as any to review how we work with the heirs of property to ensure that the plans and transactions desired by both the decedent and his/her heirs are best accomplished. When it comes to passing on property after your death, everyone should have a plan. …

New Headquarters of Ring Begins to Take Shape in Hawthorne

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A year after announcing plans to relocate to Hawthorne, the new headquarters of Amazon subsidiary Ring is taking shape at 12515 Cerise Avenue. The maker of video doorbells, which Amazon reportedly purchased for $1 billion, will have 250 employees in the 62,000-square-foot facility – a former warehouse. Architecture firm M-Rad is designing the space, which will include a gland atrium …

Suzy’s in Hermosa Beach closing to make way for new restaurant

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Suzy’s Bar & Grill in Hermosa Beach is shutting its doors Sunday, June 30, to make way for a new restaurant whose owners plan to open later this summer. Barsha Wines and Spirits’ owners Adnen and Lenora Marouani are taking over the location, which will go through renovations and upgrades including a new kitchen and fresh paint. The Mediterranean-inspired restaurant …

Alamo Drafthouse to open downtown Los Angeles theater in July

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Alamo Drafthouse, the maverick cinema chain known for its beer and food service, is set to finally open its long-awaited downtown Los Angeles location next month. The Texas-based exhibitor’s 12-screen theater, located in the Bloc shopping complex at 7th and Flower streets, is nearly complete and will hold a “soft launch” in early July, the company said Wednesday. A spokesperson …

The dream of homeownership is still alive for California renters

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The dream of homeownership is still alive for California renters, C.A.R. survey finds LOS ANGELES (Dec. 3) – Despite affordability challenges, California renters continue to hold homeownership in high regard and aspire to purchase a home eventually, according to a consumer survey released by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today. C.A.R.’s 2018 State of the California Consumer Survey, which …

More First-Time Home Buyers Are Turning to the Bank of Mom and Dad

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Rising home prices are sending first-time buyers to their parents for help with mortgage down payments. More than 26% of mortgage borrowers who used Federal Housing Administration-insured loans got assistance from a relative to make the down payment in the 12 months through September, up from about 22% in 2011, according to data released late last year as part of …

Redondo Beach approves South Bay Galleria, adding skate park and more open space

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The biggest project in the history of Redondo Beach, as Mayor Bill Brand called it, hit a major milestone Tuesday night—the approval of city council. During a meeting that once again stretched into the wee hours of the morning, project developer Queensland Investment Corporation (QIC) presented a reworked site plan to address key concerns raised by residents. Some major refinements …

Skechers Breaks Ground on Corporate Headquarters Expansion

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The footwear company is more than doubling its current footprint in Manhattan Beach and Hermosa Beach. Footwear and apparel maker Skechers USA, Inc. broke ground last week on a project that will more than double the size of company’s corporate headquarters. “We started Skechers in a Manhattan Beach condominium in 1992, and now we’re a global brand with annual sales …