Councilmember Paul Koretz flip-flops on support for Caruso’s 20-story tower

Los Angeles /
Dec.December 30, 2016 09:50 AM

Rick Caruso is having a rough week.

City Councilmember Paul Koretz announced Thursday that he thinks the developer’s proposed 20-story residential tower on La Cienega Boulevard is “too tall,” just days after the Los Angeles Times reported that Caruso and his associates gave nearly half a million dollars to city officials and their initiatives over the past five years.

“I’m calling on Mr. Caruso to continue meeting with neighborhood representatives and to shrink the project until it is appropriate for the area,” Koretz said at a news conference, backtracking the support that he vocalized in recent weeks.

Of Caruso’s $476,000 political donations, $2,200 went to Koretz. The councilman added that he’d be happy to give it back, the Times reported.

Koretz’s opponent in the March election, attorney Jesse Max Creed, spoke out against the 333 La Cienega project first — just five hours after Koretz’s announcement.

Opponents of the 145-unit project object to its height, while backers counter that the project would include amenities for the community, including a public plaza and 14 apartments to be rented below market-rate.

City Council is scheduled to vote on the development next month.

Koretz is also spearheading a series of new regulations on “McMansions.” [LAT]Cathaleen Chen


Related Articles

arrow_forward_ios
Caruso has previously expressed interest in a potential run (Getty, Photo Illustration by The Real Deal)
Caruso for mayor? Developer hints at possible LA run
Caruso for mayor? Developer hints at possible LA run
AMC CEO Adam Aron and The Grove and Americana theaters (Getty, Google Maps)
Coming attraction: AMC inks leases at the Grove, Americana theaters
Coming attraction: AMC inks leases at the Grove, Americana theaters
Rick Caruso (Getty, iStock)
Big on Bitcoin: Caruso now largest real estate firm to accept rent in cryptocurrency
Big on Bitcoin: Caruso now largest real estate firm to accept rent in cryptocurrency
Rick Caruso and 21528 Pacific Coast Highway (Getty, The Agency)
Rick Caruso asks $40M for Malibu beach house
Rick Caruso asks $40M for Malibu beach house
Holy housing: Church plans residential tower in Beverly Grove
Holy housing: Church plans residential tower in Beverly Grove
Holy housing: Church plans residential tower in Beverly Grove
Local developer plans to convert Beverly Grove structure into apartments
Local developer plans to convert Beverly Grove structure into apartments
Local developer plans to convert Beverly Grove structure into apartments
The Playboy Mansion is historic, but is it a landmark?
The Playboy Mansion is historic, but is it a landmark?
The Playboy Mansion is historic, but is it a landmark?
This City council member wants to give the Playboy Mansion landmark status
This City council member wants to give the Playboy Mansion landmark status
This City council member wants to give the Playboy Mansion landmark status
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...