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Gov. Gavin Newsom (Getty, iStock)
Gov. Gavin Newsom wants to spend $12 billion over the next two years to address one of the biggest crises facing California: Homelessness.
About $8.7 billion would go toward building 46,000 homes and expanding Project Homekey, the state’s program to buy and convert hotels and other buildings into residential housing, according to the Los Angeles Daily News.
Newsom, who is facing a recall election, announced the plan Tuesday, detailing a wider $100 billion economic recovery package. It would be paid for with $76 billion in surplus funds for the new fiscal year, and $26 billion in federal coronavirus relief dollars.
Stuart Elliott
Compass brokers vomiting over clauses in their contract. The “Barney” theme song being used to torture homeless people. A SPAC-backed company being valued at 86 times its revenue.
This month’s magazine shows there is a lot more going on than coronavirus and presidential politics.
Our cover story looks at Compass, which has quickly become the nation’s third-largest brokerage and is about to go public. The company has touted agent retention as a key part of its rise, but less noticed are the onerous clawbacks in its contracts where brokers have to pay back bonuses and other incentives they have already received if they decide to leave.
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A homeless rights group demanded the developer stop playing music on a stretch of Ante Perkov Way to deter people from setting up shelter nearby. (Jerico Development, Getty)
UPDATED, 2:12 p.m., Feb. 11, 2021: “I love you, you love me, we’re a happy family!”
For hundreds of hours in late January and early February, that “Barney & Friends” theme song blasted in an endless loop across a secluded stretch of San Pedro, aimed directly at an encampment of homeless people.
The source was a former banquet hall turned “multi-use filming space,” owned by Jerico Development. The landlord, whose headquarters is near that stretch of Ante Perkov Way, was seeking to roust the couple of dozen homeless people from tents they had set up on both sides of the street in front of the building.
Neighborhood Council Presses for Documentation on West Harbor Project Details
RANDOM LENGTHS REPORT-On Dec. 21, 2020, the Coastal San Pedro Neighborhood Council voted 12-0 to request that the West Harbor project include the council in the planning process of the project, which means sharing environmental impact reports and Coastal Development Permits.
Formerly the site of Ports O’Call, the new project will have restaurants and live entertainment, and is scheduled to begin construction in mid-2021. It is being developed by Jerico Development and Ratkovich Co., which are both part of the LA Waterfront Alliance. (Graphic above: Rendering of West Harbor project.)
Greg Ellis, board member of the CSPNC, said that at the end of the council’s Joint Planning and Land Use Committee meeting residents wanted more specifics about the state of the project’s permitting process particularly the size of the proposed amphitheater and the amount of noise it w