The recent NAR settlement means that buyers now have to negotiate their agents’ commissions. Experts we spoke with say this is still cheaper than the alternative.
But which developer? Carl Dranoff is the obvious candidate, but others may jump at the chance to transform a trophy property on the Avenue of the Arts.
These five priorities can be put into three buckets: Secure steady funding. Improve safety and security. And continue the transformations started under Leslie Richards.