County votes to seize Eli Sasson’s long-held South LA land

Developer has held onto property for over 20 years without building anything

TRD LOS ANGELES /
Dec.December 07, 2017 01:00 PM
The land at 8400 Vermont Avenue in South LA (Credit: Google Maps)

The saga surrounding Eli Sasson’s long-held parcel of land on Vermont may finally be coming to a close.

In the latest episode, the Los Angeles County Board of Supervisors voted unanimously Tuesday to use eminent domain and seize the properties on 8300 – 8400 Vermont Avenue in South L.A. from the developer and his firm, Sassony Properties, Curbed reported.

The county has earmarked $15.7 million for the roughly 4-acre site, with plans to build a mixed-use complex that will include schools, a transit stop, affordable housing and a retail component.

But Sasson and his firm aren’t going down without a fight, hiring a lawyer and threatening legal action over the county’s plan. “Despite what happened here, we are determined to move ahead with this project even if it takes a lawsuit to overturn today’s illegal board action,” Sassony Development’s executive Jennifer Duenas said in a statement.

Sasson has had big plans for the site he’s owned for over 20 years. Just two years ago, he held a groundbreaking for a $100 million entertainment complex. Today, the plot still sits empty.

This isn’t the first time the developer has been in the city’s crosshairs. Through the years, Sasson has been slapped with multiple citations for failure to maintain the lot, including violations from the fire department, department of building and safety, and the department of water and power. [Curbed]Natalie Hoberman


Related Articles

arrow_forward_ios
California is allowing barbershops and salons to reopen under new coronavirus mitigation guidelines (Credit: Noam Galai/Getty Images)

California allows barbershops to reopen, but LA holds back

California allows barbershops to reopen, but LA holds back
LA County assessor Jeffrey Prang

LA County properties valued at nearly $2 trillion…before pandemic

LA County properties valued at nearly $2 trillion…before pandemic
First District Supervisor Hilda Solis (Credit: Rebecca Sapp/Getty Images)

LA County select reopening target date for restaurants and retailers

LA County select reopening target date for restaurants and retailers
Eric Garcetti orders a moratorium on LA commercial evictions (Photo credit: iStock photo)

Garcetti orders a moratorium on commercial evictions in LA

Garcetti orders a moratorium on commercial evictions in LA
LA promo

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!

Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!
From left: Howard Schwimmer and Michael S. Frankel, with 1601 W. Mission Boulevard and 2757 E. Del Amo Boulevard (Credit: Google Maps)

Rexford Industrial adds to LA portfolio with $100M in acquisitions

Rexford Industrial adds to LA portfolio with $100M in acquisitions
Andrew McDonald and At Mateo in the Arts District

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more

Cushman’s West Coast chief talks expansion, DTLA market, the death of the starving baby broker & more
3339 Exposition Blvd. and Asher Luzzatto

Luzzatto Co. assembling creative office hub in West Adams

Luzzatto Co. assembling creative office hub in West Adams
arrow_forward_ios

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

Loading...