Pacific Palisades residents could be in for relief from Measure ULA as Angeles Mayor Karen Bass presses the City Council to move forward on a temporary pause of…
Read more Bass asks LA City Council to roll back ULA for Palisades victimsThe Los Angeles City Council on Tuesday approved a plan to spend nearly $425 million collected from Measure ULA, directing the money to a series of affordable housing…
Read more Los Angeles approves plan to spend nearly $425 million in ‘mansion tax’ moneyCommercial property sales across greater Los Angeles have hit the bottom of the bucket, with office and industrial sales falling through the hole. Commercial sales in Los Angeles…
Read more Commercial property sales in LA County spiral down 18%The California Supreme Court will take up the constitutionality of a November ballot measure that would kill the voter-approved “mansion tax,” or Measure ULA, in Los Angeles. The…
Read more California Supreme Court to Rule on Anti-ULA Ballot MeasurePam O’Connor, the former mayor of Santa Monica, filed a proposal with the city on March 28 seeking to exclude multifamily properties from Measure GS, or the so-called…
Read more Former Santa Monica Mayor Campaigns to Amend Transfer TaxThough Measure ULA has disproportionately affected the commercial industry, agents who sell the top 1 percent of real estate in the city of Los Angeles have also taken…
Read more Residential Brokers Discuss Sales After Measure ULAOne year ago, Los Angeles’ “mansion tax” took effect. It has either been a godsend or an absolute disaster, depending on who you ask. The transfer tax, formally…
Read more The year of the ‘mansion tax’: Hundreds of millions raised, but a chill to L.A.’s luxury market
