#builders-remedy

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#affordable-housing
therealdeal.com
1 month ago
California

California Assembly Passes Bill to Strengthen Builder's Remedy Penalty

The California State Assembly passed a bill to clarify and structure the use of builder's remedy, aiming to ease development challenges. [ more ]
therealdeal.com
2 months ago
LA real estate

Pustilnikov Proposes Studio-Only Project in Beverly Hills

Leo Pustilnikov is using builder's remedy to push through a new 90-unit multifamily building in Beverly Hills, focusing on affordable housing units. [ more ]
The Mercury News
3 months ago
East Bay (California)

Builder's remedy was supposed to 'Manhattanize' the Bay Area. So where are all the houses?

The builder's remedy provision allows developers to propose projects taller and denser than normal if 20% of units are rented affordably, challenging resistant cities to accommodate new housing. [ more ]
therealdeal.com
5 months ago
East Bay real estate

California Names Santa Monica a Prohousing City

Santa Monica has been recognized as a prohousing city by the state of California for its efforts in accelerating housing approvals and reducing barriers to construction.
The city has achieved this recognition through programs like the Affordable Housing Production Program, which requires developers to contribute to affordable housing and ensures that 30% of newly constructed housing is affordable for low- and moderate-income households. [ more ]
San Jose Spotlight
5 months ago
San Francisco

San Jose housing plan certified by state a year past deadline - San Jose Spotlight

San Jose's housing plan for the coming years has gained state approval after a one-year delay.
The plan aims to accommodate 62,200 additional homes in the 2023-31 cycle, with 15,000 reserved as affordable housing. [ more ]
San Jose Spotlight
5 months ago
East Bay real estate

Will fourth time be a charm for Los Gatos housing goals? - San Jose Spotlight

Los Gatos missed the deadline for state certification of its housing plans and needs to accommodate 1,993 new homes by 2031.
The state has requested changes to previous revisions of Los Gatos' plan, including minimizing or eliminating poles and increasing dense housing. [ more ]
therealdeal.com
1 month ago
California

California Assembly Passes Bill to Strengthen Builder's Remedy Penalty

The California State Assembly passed a bill to clarify and structure the use of builder's remedy, aiming to ease development challenges. [ more ]
therealdeal.com
2 months ago
LA real estate

Pustilnikov Proposes Studio-Only Project in Beverly Hills

Leo Pustilnikov is using builder's remedy to push through a new 90-unit multifamily building in Beverly Hills, focusing on affordable housing units. [ more ]
The Mercury News
3 months ago
East Bay (California)

Builder's remedy was supposed to 'Manhattanize' the Bay Area. So where are all the houses?

The builder's remedy provision allows developers to propose projects taller and denser than normal if 20% of units are rented affordably, challenging resistant cities to accommodate new housing. [ more ]
therealdeal.com
5 months ago
East Bay real estate

California Names Santa Monica a Prohousing City

Santa Monica has been recognized as a prohousing city by the state of California for its efforts in accelerating housing approvals and reducing barriers to construction.
The city has achieved this recognition through programs like the Affordable Housing Production Program, which requires developers to contribute to affordable housing and ensures that 30% of newly constructed housing is affordable for low- and moderate-income households. [ more ]
San Jose Spotlight
5 months ago
San Francisco

San Jose housing plan certified by state a year past deadline - San Jose Spotlight

San Jose's housing plan for the coming years has gained state approval after a one-year delay.
The plan aims to accommodate 62,200 additional homes in the 2023-31 cycle, with 15,000 reserved as affordable housing. [ more ]
San Jose Spotlight
5 months ago
East Bay real estate

Will fourth time be a charm for Los Gatos housing goals? - San Jose Spotlight

Los Gatos missed the deadline for state certification of its housing plans and needs to accommodate 1,993 new homes by 2031.
The state has requested changes to previous revisions of Los Gatos' plan, including minimizing or eliminating poles and increasing dense housing. [ more ]
moreaffordable-housing
#housing-laws
Kqed
3 months ago
California

Controversial California Law Meant to Spur New Housing Could Get More Teeth | KQED

Developers are increasingly using the builder's remedy due to new housing laws to spur construction.
At least 93 builder's remedy projects with 17,000 potential new homes have been proposed in California in the last two years. [ more ]
therealdeal.com
5 months ago
LA real estate

Court Denies Huge Builder's Remedy Project in Redondo Beach

A court has denied Leo Pustilnikov's application to build a 35-unit apartment project in Redondo Beach, following a tentative ruling a week ago.
Pustilnikov plans to appeal the decision. [ more ]
Kqed
3 months ago
California

Controversial California Law Meant to Spur New Housing Could Get More Teeth | KQED

Developers are increasingly using the builder's remedy due to new housing laws to spur construction.
At least 93 builder's remedy projects with 17,000 potential new homes have been proposed in California in the last two years. [ more ]
therealdeal.com
5 months ago
LA real estate

Court Denies Huge Builder's Remedy Project in Redondo Beach

A court has denied Leo Pustilnikov's application to build a 35-unit apartment project in Redondo Beach, following a tentative ruling a week ago.
Pustilnikov plans to appeal the decision. [ more ]
morehousing-laws
#housing-development
therealdeal.com
4 months ago
LA real estate

Can California Make Builder's Remedy Work?

The builders' remedy loophole in California is being tested for housing development.
Legal battles indicate cities must comply with housing needs despite local zoning rules. [ more ]
therealdeal.com
5 months ago
LA real estate

Court Clarifies Builder's Remedy With Redondo Beach Project

An L.A. court judge recently denied developer Leo Pustilnikov's application to build a 35-unit apartment project in Redondo Beach.
The judge clarified that the site where Pustilnikov wants to build is not zoned for residential property, despite the builder's remedy applying in a coastal zone. [ more ]
therealdeal.com
4 months ago
LA real estate

Can California Make Builder's Remedy Work?

The builders' remedy loophole in California is being tested for housing development.
Legal battles indicate cities must comply with housing needs despite local zoning rules. [ more ]
therealdeal.com
5 months ago
LA real estate

Court Clarifies Builder's Remedy With Redondo Beach Project

An L.A. court judge recently denied developer Leo Pustilnikov's application to build a 35-unit apartment project in Redondo Beach.
The judge clarified that the site where Pustilnikov wants to build is not zoned for residential property, despite the builder's remedy applying in a coastal zone. [ more ]
morehousing-development
therealdeal.com
4 months ago
LA real estate

LA Court Looks to Validate Builder's Remedy Project in La Canada Flintridge

Builder's remedy provision is inching towards its first legal win in California.
The preliminary court decision leans towards ruling in favor of the developer behind the 600 Foothill Boulevard project. [ more ]
#san-jose
San Jose Spotlight
5 months ago
San Francisco

San Jose spurns developers, sparking possible legal fight - San Jose Spotlight

San Jose is rejecting housing proposals that attempt to bypass city development standards under the builder's remedy provision of state housing law.
The city's actions could lead to legal challenges and are seen as highly aggressive by some developers. [ more ]
www.mercurynews.com
5 months ago
East Bay (California)

San Jose to fight developers using builder's remedy' to downsize housing projects

San Jose is fighting back against the builder's remedy provision that allows developers to build projects without a housing plan
The city wants to win back housing units that were previously approved but downsized by developers under the builder's remedy [ more ]
San Jose Spotlight
5 months ago
San Francisco

San Jose spurns developers, sparking possible legal fight - San Jose Spotlight

San Jose is rejecting housing proposals that attempt to bypass city development standards under the builder's remedy provision of state housing law.
The city's actions could lead to legal challenges and are seen as highly aggressive by some developers. [ more ]
www.mercurynews.com
5 months ago
East Bay (California)

San Jose to fight developers using builder's remedy' to downsize housing projects

San Jose is fighting back against the builder's remedy provision that allows developers to build projects without a housing plan
The city wants to win back housing units that were previously approved but downsized by developers under the builder's remedy [ more ]
moresan-jose
#housing
www.mercurynews.com
6 months ago
East Bay (California)

Cupertino settles YIMBY housing lawsuit, agrees to builder's remedy penalty

Cupertino has reached a settlement with YIMBY Law and the California Housing Defense Fund over its failure to meet the state deadline for housing elements.
As part of the settlement, Cupertino will revise its plans for housing in accordance with state law and has agreed to follow the builder's remedy.
Cupertino must approve 4,588 new homes by 2031, with 1,880 of them designated for low-income households. [ more ]
therealdeal.com
7 months ago
LA real estate

Meet Max Netty, Developer of Tall Project in Beverly Hills

A developer has filed an application to build the tallest building in Beverly Hills through a legal loophole known as builder's remedy.
The 17-story tower would be built on Rodeo Drive, and the proposal was submitted by Max Netty of Soundview Investment Partners. [ more ]
Thesanjoseblog
8 months ago
Silicon Valley real estate

Owners of the San Jose Flea Market cutting office components entirely and dramatically downsizing housing plans

The owners have eliminated office space from the project and reduced the number of homes and retail space.
The loophole in the builder's remedy allowed them to reduce the project size.
This decision will hinder San Jose's efforts to meet housing demand and requirements. [ more ]
www.mercurynews.com
6 months ago
East Bay (California)

Cupertino settles YIMBY housing lawsuit, agrees to builder's remedy penalty

Cupertino has reached a settlement with YIMBY Law and the California Housing Defense Fund over its failure to meet the state deadline for housing elements.
As part of the settlement, Cupertino will revise its plans for housing in accordance with state law and has agreed to follow the builder's remedy.
Cupertino must approve 4,588 new homes by 2031, with 1,880 of them designated for low-income households. [ more ]
therealdeal.com
7 months ago
LA real estate

Meet Max Netty, Developer of Tall Project in Beverly Hills

A developer has filed an application to build the tallest building in Beverly Hills through a legal loophole known as builder's remedy.
The 17-story tower would be built on Rodeo Drive, and the proposal was submitted by Max Netty of Soundview Investment Partners. [ more ]
Thesanjoseblog
8 months ago
Silicon Valley real estate

Owners of the San Jose Flea Market cutting office components entirely and dramatically downsizing housing plans

The owners have eliminated office space from the project and reduced the number of homes and retail space.
The loophole in the builder's remedy allowed them to reduce the project size.
This decision will hinder San Jose's efforts to meet housing demand and requirements. [ more ]
morehousing
therealdeal.com
7 months ago
LA real estate

Real penalty: How Newsom Has Legitimized Builder's Remedy

Governor Gavin Newsom and California's attorney general are intervening in a case over a builder's remedy project in La Canada Flintridge.
Builder's remedy is a penalty for cities that do not have a state-approved housing plan by a deadline. [ more ]
therealdeal.com
7 months ago
LA real estate

Shekhter's WS Communities Defaults on Hankey Capital Loan

WS Communities, a landlord in Santa Monica, has defaulted on a $5.35 million loan from Hankey Capital tied to a parcel of land.
The default comes after WS Communities settled litigation with the city over various issues, including tenant harassment allegations. [ more ]
therealdeal.com
3 weeks ago
LA real estate

Developer Stymied by Beverly Hills on Builder's Remedy

Leo Pustilnikov faces challenges navigating Beverly Hills red tape for his developer's remedy project, battling procedure issues and denial despite state housing laws. [ more ]
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