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Month: May 2020

Malibu beach house tops LA’s priciest sales of the week

Two fo LA’s priciest sales this week As the Los Angeles area has continued to loosen some coronavirus restrictions, the luxury housing market has improved. But the pandemic is still taking a toll on the market, which last week also ...

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  • 26 May
  • The Real Deal
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California OK’s retail re-openings, but leaves key decisions to local officials

An illustration of Gavin Newsom (Credit: Michael Kovac/WireImage via Getty Images, and iStock) California officials have cleared all businesses statewide to re-open for in-store shopping, so long as they have the go-ahead from local ...

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  • 26 May
  • The Real Deal
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“I won’t talk about unemployment benefits:” California agents choose between ego, handouts

Alicia Cohen, of Nourmand, and Governor Gavin Newsom (Credit: Anda Chu/MediaNews Group/The Mercury News via Getty Images) Alicia Dry Cohen made a calculated bet three years ago, leaping from digital advertising to selling homes. “It is ...

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  • 25 May
  • The Real Deal
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In Los Angeles, you can show homes again

Mayor Eric Garcetti (Credit: Araya Diaz/Getty Images) L.A. real estate agents can get off their Zoom calls, and go back to showing properties. Mayor Eric Garcetti released a revised “Safer at Home” order Monday that states, “housing ...

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  • 25 May
  • The Real Deal
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A $90 million patch of dirt: A look at Jeff Bezos’ other record LA deal this week

Lauren Sanchez and Jeff Bezos with the property at 1441 Angelo Drive (Credit: Getty Images and Redfin) Jeff Bezos’ $165 million purchase of David Geffen’s fabled Beverly Hills estate was a shot in the arm for the country’s ultra-luxury ...

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  • 25 May
  • The Real Deal
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$400M mall brawl: Simon Property Group, Macerich sue city of Carson

Macerich CEO Thomas O’Hern, Carson Mayor Albert Robles, and a rendering of the site Plans for a $400 million, 566,000-square-foot outlet mall in the city of Carson have fallen apart, with project developers Simon Property Group and ...

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  • 25 May
  • The Real Deal
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Whose sale is it anyway? Keller Williams targets former top agent for advertising past deals

Jesse Weinberg Jesse Weinberg received an unusual email April 22 from a lawyer who represented Keller Williams, Weinberg’s brokerage until he left in February. “It is both improper and unethical for you to advertise any sales under ...

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  • 25 May
  • The Real Deal
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Sabotage, secret cameras and intrigue: Inside the Barclay family’s feud over the London Ritz

Sir Frederick Barclay and the Ritz London (Photo by Kirsty O’Connor/PA Images via Getty Images, Ritz London) A high-stakes drama worthy of a soap opera — complete with hidden cameras and big inheritances — is playing out with the Ritz ...

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  • 24 May
  • The Real Deal
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This Canadian office giant has a strategy for a return to work

Cadillac Fairview CEO John Sullivan and the RCB Centre in Toronto (Google) One of Canada’s biggest office landlords has dished on the precautions it’s taking as it prepares for a “measured” return of workers to its buildings. Cadillac ...

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  • 24 May
  • The Real Deal
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Facing the music: Entertainment venues, restaurants weigh reopening options

Bars, restaurants and live entertainment venues around the world are now weighing their reopening options. Some owners say they can’t cover the cost of operating at reduced capacity. (Getty) As the U.S. and countries across the globe ...

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  • 23 May
  • The Real Deal
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