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Photo from Angeleno Magazine, photographed by Spencer Lowell, Michael Todd.
Article from Angeleno, a Modern Luxury magazine.By Gary Baum, Jade Chang, Marissa, Gluck, Alexis Johnson and Degen Pener.
In the August 09 issue of Angeleno magazine, staff writers report on five neighborhoods are good investments that will hold their value, even if they aren’t the talk of the town.
Photo and article from the Telegraph. Article by Tom Leonard
The government looking at expanding a pioneering scheme in Flint, one of the poorest US cities, which involves razing entire districts and returning the land to nature.
Local politicians believe the city must contract by as much as 40 per cent, concentrating the dwindling population and local services into a more viable area.
From Curbed LA by Dakota.
Hands down the most enviable feature of the 5,716-square foot penthouse at KMD Architects-designed Carlyle on Wilshire, that under-construction tower along the Wilshire Corridor, is the view from the bath tub. Who wouldn’t be content just to sleep in that tub every night? Not that there is a single bad view from this two-story, 23rd floor penthouse, on the market for $12.575 million, and the most expensive of the six penthouses available. This penthouse has a crescent shape and wraps around the side of the building, and that first shot is the view from the balcony off one of the sitting rooms. More captions below the photos.
One of four luxury towers currently selling units, Elad Properties’ 78-unit tower will be done in about a month and half. In terms of notable amenities for the whole building, if you are one of those people who happens to like Dale Chihuly, there’s a $1 million sculpture that’ll dangle in the lobby. There are so-called maids quarters on the lower floors available for purchase (these are small units, but still probably far larger than your apartment). There’s a communal wine cellar, and a pool and outdoor seating area behind the building. As for potential buyers, we hear it’s a mixed crowd that’s expected to come: Overseas, locals, and the older, downsizing set. Apparently there’s also a trend among those who live along Wilshire Boulevard to always move into newest building, so perhaps the Wilshire Boulevard hoppers will come in here. And in case you were wondering about sales, the marketing team isn’t releasing sales figures. And monthly HOAs:* Around $2,500 for a two-bedroom, around $3,500 for a month for a three-or four and half-bedroom. And over $4,000 for penthouses.
Article from CurbedLA by Neal Broverman, photo from CurbedLA
The music-friendly Lofts at Cherokee Studios—on Fairfax near Melrose—just launched their official sales site. It’s might pretty… and there are floorplans! Some units look a little tight, but all-in-all the Pugh & Scarpa-designed Cherokee look like a quality structure in a nice neighborhood in need of a new moniker (it’s not WeHo, it’s not quite Hollywood, maybe Fairfax, or Genghis Cohen-adjacent?). Cherokee touts the walkability of the hood (94 out of 100 on walkscore) and the opportunity to use the units as live/work. And the biggest claim: “It will be the ‘greenest’ LEED Platinum* Certified mixed-use development in the state of California.”
As you may recall, the building will feature recording studios in two of the units, with three more outfitted to have studios later added. This isn’t arbitrary—the 12-unit development sits on the site of the former Cherokee Studios, where Ol’ Blue Eyes and Bowie recorded. Prices will come out in a few months, probably when a showcase opens up in September. And for the showcase, interior decorators will come in and temporarily design some of the units in the style of rock stars like Alice Cooper. Wonder if they’ll come in smell-o-vision. · Lofts at Cherokee Studios [Official Site] · Cherokee Lofts Go Silver [Curbed LA]
