In the first episode of "Property Pointers: Real Estate Law Simplified," Real Estate attorney Jake Lebovic discusses opportunities for adaptive reuse projects in Los Angeles. He explains how converting underused office buildings into residential spaces presents a promising solution to the city's dual challenges of housing shortages and high office vacancy rates. He also highlights the recently updated LA Adaptive Reuse Ordinance, which provides incentives and a clear path for developers looking to undertake these projects. Mr. See more +
In the first episode of "Property Pointers: Real Estate Law Simplified," Real Estate attorney Jake Lebovic discusses opportunities for adaptive reuse projects in Los Angeles. He explains how converting underused office buildings into residential spaces presents a promising solution to the city's dual challenges of housing shortages and high office vacancy rates. He also highlights the recently updated LA Adaptive Reuse Ordinance, which provides incentives and a clear path for developers looking to undertake these projects. Mr. Lebovic shares his hope that through adaptive reuse, property owners and developers can help alleviate the housing crisis while revitalizing aging commercial real estate across Los Angeles. See less -
