If an owner wants to demolish a rent-controlled building, should the city of Los Angeles or the tenants get the opportunity to buy it first? The Los Angeles City Council’s housing committee endorsed the idea last week. It was proposed by Councilmember Gil Cedillo, who wrote in a motion that “we need to come up […]
$2.25 Million Fine for Illegal Airbnb Rentals
A well-heeled couple who turned 14 city apartments into illegal hotels through the vacation-rental service Airbnb agreed to a $2.25 million settlement. Darren and Valerie Lee agreed to pay that amount for penalties and investigation costs, and in addition are barred for at least seven years from offering short-term rentals in any of the 17 San Francisco […]