After five months on the market and a $10 million price cut, billionaire Steve Cohen found a buyer for his Beverly Hills residence. The pending deal comes as the New York Mets owner looks to remake 50 acres of parking into an $8 billion casino complex next to Citi Field in New York. The project, called Metropolitan Park, is vying for a state gaming license.
On an episode of The Kardashians that aired last summer, the reality star shared her triumph in purchasing the stunning property. "This house just really represents to me a lot of the hard work that I've put in, and it's like enjoying the fruits of my labor," she said during a confessional interview. "It's new energy. I am so looking forward to creating so many memories here."
Weingart opened a 19-story, 278-unit tower in Skid Row last year. The project cost $167.7 million, or more than $600,000 per unit. The tower was funded with $32 million of the city's homeless housing bond, a $1.8 million land loan from the City of Los Angeles, $48.7 million in deferrable loans from the California Department of Housing and Community Development, $56.9 million in tax credit equity and $85.3 million in tax-exempt bonds.
20 years after his death, Johnny Carson's Malibu compound is reemerging on the market with a $110 million price tag. The late Tonight Show host bought the modern wood-and-glass abode in the 1980s and maintained it until his 2005 death. Designed by architect Ed Niles, the triangular 7,100-square-foot house features a flat roof, glass walls, and soaring ceilings lined with dramatic beams.
The David Lynch mid-century Compound spreading across 2.3 acres in Hollywood Hills, Los Angeles, hits the market. A 1963 Lloyd Wright design, the property consists of five contiguous parcels centered around the Beverly Johnson House. The home serves as the architectural anchor for an expanded creative complex that filmmaker David Lynch assembled over several decades, a convergence of mid-century architectural heritage, Hollywood cultural history, and cinematic production infrastructure.
The modern three-story house features five bedrooms, a two-lane bowling alley and a great room that opens to the pool's edge. Doncic, the 26-year-old Slovenian basketball player who signed a three-year, $165 million contract extension with the Lakers in August, acquired the property through his business manager, Lara Beth Seager, according to records viewed at PropertyShark.com and confirmed by the Southern California News Group.
The ultra-luxurious Santa Monica Proper hotel has been accused of failing to pay its employees minimum wage and, in some cases, paying them less per hour than it charges guests for a bowl of hummus.
Patrice Pastor expressed his frustration over repeated delays on his development projects in Carmel-by-the-Sea, particularly regarding the JB Pastor project, which has faced six years of hindrances. He criticized town officials for their obstructionist tactics, likening their reasons to "schoolyard" excuses and stated he may reconsider his investment in the area due to these issues.
