Beverly Hills News
Beverly Hills City Council Bans Fractional Ownership of Property
Last June, the Beverly Hills City Council extended a 2021 moratorium on “Fractional Ownership” of homes or commercial properties. In this practice, multiple parties purchase usually a single-family home and take turns living in it during the year for various lengths of time based on ownership percentage. Fractional ownership exploded during the pandemic as wealthier families looked to shelter in new and different cities.
Beverly Hills Voters — Vote NO on Measures B & C
In just about two weeks, an obscure Special Election is taking place in Beverly Hills. On Tuesday, May 23, mail-in ballots come due and voters decide whether or not to approve the development of a massive new, super-luxury hotel to move forward in an area that now includes the now-vacant Paley Center for Media’s iconic museum and archives, at the intersection of Little Santa Monica Blvd and Beverly. We strongly encourage Beverly Hills voters to vote “No” on Measures B and C, which will prevent the ritzy Cheval Blanc Hotel to be built.
Beverly Hills Installs New Mayor, Vice Mayor
Many distinguished guests joined residents last week in saluting outgoing leadership on the Beverly Hills City Council and to install a new mayor and vice mayor. State Senator Ben Allen said of incoming Mayor Julian Gold, “He’s a fantastic guy and always a fierce fighter for the city.” He also complimented Gold on his health care, renewable energy, and public safety initiatives.
Beverly Hills on Pace to Fall Short of State Housing Requirements
On Tuesday evening, the Beverly Hills City Council heard a staff report charting the progress the city has made thus far to meet the ambitious requirements of the State’s Housing and Community Development (HCD) Department. Every eight to nine years, a new housing cycle begins and based on the progress of the previous one, a Regional Housing Needs Assessment (RHNA) goal for the number of housing units each city must produce is developed.
Beverly Hills City Council Bans Fractional Ownership of Property
Last June, the Beverly Hills City Council extended a 2021 moratorium on “Fractional Ownership” of homes or commercial properties. In this practice, multiple parties purchase usually a single-family home and take turns living in it during the year for various lengths of time based on ownership percentage. Fractional ownership exploded during the pandemic as wealthier families looked to shelter in new and different cities.
Beverly Hills Voters — Vote NO on Measures B & C
In just about two weeks, an obscure Special Election is taking place in Beverly Hills. On Tuesday, May 23, mail-in ballots come due and voters decide whether or not to approve the development of a massive new, super-luxury hotel to move forward in an area that now includes the now-vacant Paley Center for Media’s iconic museum and archives, at the intersection of Little Santa Monica Blvd and Beverly. We strongly encourage Beverly Hills voters to vote “No” on Measures B and C, which will prevent the ritzy Cheval Blanc Hotel to be built.
Beverly Hills Installs New Mayor, Vice Mayor
Many distinguished guests joined residents last week in saluting outgoing leadership on the Beverly Hills City Council and to install a new mayor and vice mayor. State Senator Ben Allen said of incoming Mayor Julian Gold, “He’s a fantastic guy and always a fierce fighter for the city.” He also complimented Gold on his health care, renewable energy, and public safety initiatives.
Beverly Hills on Pace to Fall Short of State Housing Requirements
On Tuesday evening, the Beverly Hills City Council heard a staff report charting the progress the city has made thus far to meet the ambitious requirements of the State’s Housing and Community Development (HCD) Department. Every eight to nine years, a new housing cycle begins and based on the progress of the previous one, a Regional Housing Needs Assessment (RHNA) goal for the number of housing units each city must produce is developed.
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