$2-billion mega-development in Skid Row clears major hurdle with L.A. officials

In July, the City Council approved 670 Mequit, a $1.4-billion complex intended to have apartments, offices, a hotel, a ...
The Real Deal

Judge OKs Leo Pustilnikov’s purchase of 17 Skid Row buildings

Developer Leo Pustilnikov, a pioneer of a legal loophole to approve homes in tony Beverly Hills, may now be the largest owner of homeless housing in Los Angeles. A judge has approved his purchase of a ...
Los Angeles Times

L.A. seeks receivership for Skid Row Housing Trust’s 29 distressed buildings

In a desperate move to reverse deteriorating conditions for more than 1,500 low-income tenants, the Los Angeles city attorney asked a judge Thursday to appoint a receiver for distressed residential ...
The Real Deal

AIDS Healthcare scuttles $27M deal to buy six buildings on Skid Row

The AIDS Healthcare Foundation has scotched a deal to buy six single-room occupancy hotels and apartment complexes on L.A.’s Skid Row for $27 million. The Hollywood-based nonprofit, the world’s ...
Los Angeles Daily News

LA City Council approves $15 million for Skid Row Housing Trust’s buildings

The Los Angeles City Council on Tuesday, Dec. 12, approved a $15 million request to cover costs for the continuing maintenance and repair of 22 dilapidated buildings in the Skid Row area under a ...