Metro – Renters Alliance

City Negotiates Purchase of 113 North Gale Apartments for Redevelopment

July 19, 2023July 5, 2024 Mark Elliot 113 N Gale, Metro, Redevelopment

Every Beverly Hills City Council evening meeting is preceded by a closed session where confidential issues such as litigation, employment and real property is discussed. This week’s closed session agenda featured a city negotiation over the purchase of land at 113 North Gale. That multifamily property is adjacent to city-owned land that fronts on Wilshire and which the city wants to redevelop most likely as housing above retail. If the city and landlord agree on terms then the 113 N Gale parcel will be part of it. What does that mean for tenants at the Gale property?

Metro purple line extension tunnel path under Spalding & Linden drives

News

Metro’s Next Stop: Lasky-Robbins-Young Neighborhood

June 7, 2021July 5, 2024 Mark Elliot Metro, Purple Line

Metro construction of the purple line extension entered a new phase last year when tunnel boring machines began to chew their way from Century City to the Wilshire/Rodeo station at Reeves. The route taken by these enormous rock-gobbling machines takes them underneath Beverly Hills High School and Lasky, Robbins and Young streets prior to tunneling across Wilshire. And metro has secured easements under multifamily properties all along the way. Another payday for some Beverly Hills landlords!

News

Metro’ Wilshire-Rodeo Station Work May Continue Through the Holidays

September 16, 2019 Mark Elliot Metro, Steve Mayer, Wilshire-Rodeo station

This Tuesday evening City Council will hear a request from Metro to allow construction (specifically station pilings) to continue throughout the holiday period, prior to Thanksgiving and extending through New Years Day. The issue is whether to require Metro to adhere to the schedule already formalized in a memorandum of understanding with the city, or to grant a waiver to allow that work to continue — and if so under what conditions. Will you be affected?

Commentary

Metro Comes to Town: Tenants Will Feel the Impacts Now and Forever

July 15, 2018September 16, 2019 Mark Elliot Metro, Purple Line, Reeves Drive

Residents near to the future Wilshire/Rodeo station will be negatively affected by station construction and street closures. Those who reside on the 100 block of Reeves will be most affected by the work. Both in the short term (inconvenience and annoyance) and in the longer term (redevelopment will wallop the block). Renters Alliance has proposed several mitigations and remedies that could help residents around the Wilshire/Rodeo station project.

News

Wilshire-Rodeo Station Construction: Where is the Mitigation for Tenants?

July 11, 2018June 9, 2019 Mark Elliot displacement, Ellis Act, Metro, Purple Line, Reeves Drive

Do you live in near the future Metro station at Wilshire and Reeves? If so you are likely to experience construction-related disruption AND displacement if you rent housing anywhere near the future Purple Line station. Here I propose mitigation compensation for tenants affected by construction and displacement for redevelopment.

Explainer

My Landlord is Asking for an Estoppel. Need I Sign It?

July 16, 2024July 29, 2024 Mark Elliot

An estoppel certificate is a legal document that simply establishes the terms and status of a rental agreement (or lease) for a third party like a prospective buyer. Typically a tenant is asked to complete an estoppel when purchase negotiations advance and that request may come from the current owner or an agent working on behalf of a prospective buyer. It is nothing to fear; it is a standard step in the sale of real property. In any case the lease or rental agreement may require the tenant to complete it. When presented with an estoppel to complete and sign you may have questions. Here is what you need to know.

Explainer