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- Ron Burkle seeks $23M buyer for Frank Lloyd Wright house in Los Feliz
Ron Burkle, with the Frank Lloyd Wright house Billionaire Ron Burkle is selling a Frank Lloyd Wright home designed to resemble a Mayan temple. Burkle put the iconic Ennis House on the market for $23 million, a few days after spending $15 million on another Los Angeles property, the Wall
- Employee at Homestead immigration center under scrutiny admitted to sex abuse two years ago
A Homestead shelter holding migrant teenagers was subject less than two years ago to an investigation that resulted in a youth care worker admitting to sending nude video of herself to a 15-year-old boy and asking him to have sex with her. The care worker, who was employed by a
- How bad is teacher pay? Nearly 1 in 5 teachers works a second job, report says
They work as private tutors and soccer coaches, as waiters, grocery clerks and ride-share drivers. Across the country, 18 percent of teachers earn income outside the classroom, according to a National Center for Education Statistics report released Wednesday. The finding comes from a nationally…
- Wayward toucan returned to Flamingo Gardens
Tiki is safe again. The 2-year-old toucan who flew off from Flamingo Gardens on June 9, was spotted Tuesday afternoon picking at a fruit tree on the property of a Plantation Acres homeowner who called the wildlife sanctuary. “We’re ecstatic about it,” said Mike Ruggieri, animal care director at…
- Gov. Scott order on Lake Okeechobee water aims to prevent repeat of algae catastrophe
Gov. Rick Scott issued an emergency order Wednesday to allow water from Lake Okeechobee to be discharged to the south, hoping to prevent an election-year repeat of the pea-soup-thick algae disaster of 2016 that fouled beaches on both coasts. The governor’s order calls for the suspension of rules…
- High times of Jonas Heller: Broker charged with 52 lb. of pot charted return to real estate
Jonas Heller (Credit: TheAgency, Max Pixel, Wikimedia Commons, Pixabay) When a Colorado State Trooper pulled over Jonas Heller on Interstate 70 in late December, he suspected — or smelled — much more than a Los Angeles real estate guy on a road trip. Heller, a former broker at the Agency
- Robert Futterman on Why Now Is the Time to Sell RKF
Perhaps the third time was the charm. Over the 20 years that Robert Futterman has been running his eponymous global retail brokerage firm RKF, Newmark Group executives have expressed interest in acquiring it a couple of times. Futterman acknowledged in his first lengthy interview since the May announcement about the pending deal
- Site picked for second Tri-Rail station in Boca
A second Tri-Rail station in Boca Raton, announced on Wednesday night, could bring people to the Town Center mall from across the region. If planners have their way, the station will be built on Military Trail and 19th Street, the site of the old King’s Gourmet Deli. Boca’s Tri Rail
- Trump retreat on family separation doesn’t satisfy some Florida political leaders
President Donald Trump’s retreat from his policy of separating children from parents entering the U.S. illegally didn’t go far enough for some Florida political leaders, both Democrats and Republicans. Terrie Rizzo, chairwoman of the Democratic Party of Florida and the Palm Beach County Democratic…
- On Your Mark: DC Legend Mark Ein on Buzzard Point, Navy Yard and Building Kastles
Mark Ein isn’t just an investor and philanthropist: The Wharton School of Finance and Harvard Business School graduate is a proud son of the Washington, D.C., area. During a recent interview with Commercial Observer, he was quick to share that his Leland Investment Co., which holds his personal investments, is
- See the 77-story Bunker Hill tower that wants to be LA’s tallest
“Who doesn’t want bragging rights?” Move over Wilshire Grand: A planned 77-story skyscraper wants to be the tallest building in Los Angeles and west of the Mississippi. That’s no accident. Unlike the Wilshire Grand—which was, purportedly, not intentionally planned to be the tallest tower in the city or beyond—this skyscraper
- TRD LA’s summer issue hits stands this July
The 2018 summer issue of The Real Deal LA will hit the streets in mid-July. Key coverage in this quarter’s magazine includes: · Introducing LA’s foot solders: The teams behind the county’s top resi brokers · Tracking the rising stars of commercial real estate in LA · Ranking the top
- Palm Beach County School Board delays tax vote after charters insist on share of money
A demand from Palm Beach County’s charter schools for a share of the $800 million expected from a proposed school property tax spurred the School Board to delay a vote planned for Wednesday on whether to place the tax on the Nov. 6 ballot. The board is now expected to
- Grand jury wants Palm Beach school district to explore Sheriff’s Office takeover
A Palm Beach County grand jury reported Wednesday it heard “compelling testimony” on dismantling the school system’s police force in favor of patrols by the Sheriff’s Office, which the jury said has superior communications networks, equipment and pay scales. The jury was convened by State Attorney…
- Office Provider Bond Collective Opening First DC Outpost
Shared office space provider Bond Collective has signed a 10-year, 30,000-square-foot lease at 609 H Street NE in Washington, D.C. for its first location in the area, according to a Bond Collective press release today. The coworking and flexible office space company will occupy the entire third and fourth floors
- Kevin Tomlinson’s extortion trial tied to the Jills unfolds in a Miami courtroom
Jill Eber and Kevin Tomlinson in court on Wednesday (Credit: Katherine Kallergis) Kevin Tomlinson and the Jills are battling it out this week in a Miami courtroom, as Tomlinson faces four felony charges including two counts of extortion related to the two luxury real estate agents and their alleged manipulation
- Katie Couric sells Park Ave. pad for $7.8M
Katie Couric is officially leaving behind her longtime home on the Upper East Side. Couric closed on the sale of her five-bedroom, four-and-a-half bath co-op at 1155 Park Avenue for $7.8 million, according to property records. It’s unclear when Couric bought the property. However, her name has been in loan
- BCCC taps former Howard University dean as interim president
The board of the Baltimore City Community College has selected an engineering professor and local higher education veteran as the school’s interim president. James H. Johnson Jr. will assume the temporary post on July 1. Current president Gordon F. May is retiring effective June 30, after four years in the
- Citing safety reasons, South Tampa businesses want fewer lanes on Bay to Bay Boulevard
Two months after Tampa Mayor Bob Buckhorn tanked plans to create bike lanes on a busy stretch of Bay to Bay Boulevard in South Tampa, a coalition of businesses along the corridor is making a last-ditch effort to have him reconsider. Representatives from 18 businesses in the area signed off
- The Small Business Jobs Survival Act Is Just Commercial Rent Control
A proposal that’s been dormant for decades, the Small Business Jobs Survival Act, was recently reintroduced at the New York City Council. If it becomes law, it will require every commercial lease renewal to endure a government-regulated negotiation process that could end up in costly arbitration. Who pays for the
- Elon Musk roundup: Tesla claims sabotage… Boring wins Chicago project
With a hand in everything from electric vehicles to high-speed ground transportation to underground tunnels to space travel, Elon Musk’s businesses and ideas pop up routinely in stories around the country about Tesla Inc. (NASDAQ: TSLA), hyperloop, The Boring Co. and SpaceX. Here are recent articles on Musk reported by
- Madison Realty Capital Provides $55M for Bed-Stuy Mixed-Use Development
Madison Realty Capital has provided a $55 million first mortgage construction loan to facilitate the completion of a planned interconnected three-building mixed-use condominium project at 948 Myrtle Avenue in Bedford-Stuyvesant, Brooklyn, the firm announced yesterday. The loan refinances and replaces existing debt on the development and will go toward the
- Ground broken for next apartment building in the transit-oriented Owings Mills project
Construction has started on a new seven-story apartment building in the Metro Centre in Owings Mills, bringing the total number of apartments clustered there at 350. The 114-unit building, called The Met at Metro Centre, is part of a massive transit-oriented development there offering residents…
- Armature Works developers sue Ulele and city of Tampa, alleging unlawful real estate deal
The developers of Armature Works and the mixed-use Heights project have sued the city of Tampa and Ulele, alleging that the city leased an adjacent property to Ulele without properly advertising the opportunity and putting it out for competitive bidding. Ulele is a native Floridian restaurant inside the historic Water
- Cushman & Wakefield Files for IPO
Cushman & Wakefield announced today it has filed with the Securities and Exchange Commission to lay the groundwork for a public stock offering. The filing calls for a $100 million offering, but doesn’t specify the number of shares or the price. The company says it doesn’t expect to offer dividends
