City settles with Geoff Palmer over Da Vinci fire for just $400K

City originally sought $20M, claiming landlord failed to follow fire safety regulations

Jun.June 07, 2017 08:30 AM
Construction of the Da Vinci Apartments at 909 West Temple Street and Geoff Palmer

The City of Los Angeles has settled a lawsuit with developer Geoff Palmer over the massive fire at his Da Vinci apartment complex in 2014 for just $400,000, one fiftieth of the $20 million it initially sought.

Nonetheless, the city said it’s happy with the settlement because its total losses were lower than originally estimated.

“We’re pleased that beyond the nearly $62 million paid by the insurance carrier, the city recovered $400,000 from the developer,” a spokesperson for the City Attorney’s office said in a statement to the Los Angeles Times.

The 2014 fire engulfed the Downtown complex along the 110 Freeway and shattered the windows of the Figueroa Plaza nearby. Damages to city property amounted to tens of millions of dollars.

City Attorney Mike Feuer sued Palmer last year, claiming the landlord failed to follow fire safety standards at his construction site.

The arsonist behind the fire, Dawud Abdulwali, was sentenced to 15 years in prison in April. [LAT]Cathaleen Chen

Related Articles

From left: Jose Huizar, Huang Wei, Mohamed Hadid, Robert Herscu, Raymond Chan, and Arman Gabay, with Los Angeles City Hall (Credit: iStock and Getty Images)

Real estate’s role in LA corruption scandals

From left: Governor Gavin Newsom, Assemblymember David Chiu, Senator Holly Mitchell, and Senator Nancy Skinner (Credit: Getty Images)

Here are the key housing and rent control bills state lawmakers are debating

From left: Saeed Nourmand, Michael Nourmand, Grant King and Richard Heyman

Relevant Group sues Nourmand & Associates’ founder, alleging extortion over hotel projects

Centennial founder and CEO Steven Levin with a rendering of the project

Centennial Real Estate approved for sprawling $300M mixed-use village

Apartment complex at 1435 Stanley Avenue and Raintree Partners CEO Jeffrey Allen (Credit: Apartment Finder)

Raintree Partners spends $79M on Glendale multifamily portfolio

LA Mayor Eric Garcetti

Down goes Measure EE: Property tax referendum routed at polls

CIM Group Founders, Shaul Kuba, Richard Ressler, and Avi Shemesh and 4750 Wilshire Boulevard (Credit: Google Maps)

CIM Group lists part of its Miracle Mile office campus

Arman Gabay and The Springs shopping center in Palm Springs, part of the 14-property portfolio

Charles Co. secures $215M refi for retail portfolio