Building windows

Benjamin M. Reznik

Land Use

Los Angeles Business Journal: Subdivide and Conquer

Subdivide and Conquer OP-ED: Benedict Canyon residents hope to hold up proposed estate home by misusing L.A. city code on single lots Benjamin M. Reznik January 16, 2012 © Los Angeles Business Journal. Reprinted with permission. Click here to see the LABJ column. What a way to start off the year. As if things were […]

Land Use

JMBM Development Rights Newsletter: Area Planning Commissions Need Help

JMBM Development Rights Newsletter Fall 2010 Area Planning Commissions Need Help In the City of Los Angeles we have seven Area Planning Commissions (known as “APCs”), each consisting of five volunteer members appointed by the Mayor and covering a distinct geographical part of the city. These APC commissioners need not and, in fact, do not […]

Land Use

Affordable Housing Mandates Must Comply with State Law

Affordable Housing Mandates Must Comply with State Law Two recent court decisions have materially changed the affordable housing game as it’s been played by local governments throughout California. In Palmer/Sixth Street Properties, L.P. et al. v. City of Los Angeles (a case in which JMBM represented the developer at all the administrative hearings), the California […]

JMBM 2010 Real Estate & Land Use Survey

JMBM 2010 Real Estate & Land Use Survey Caution remains the watchword even as bearish sentiment declines JMBM’s 2010 California Real Estate & Land Use Survey gathered data from 98 executives, 49 percent of whom identified themselves as developers and 49 percent as capital providers. Respondents indicating they were “bearish’ about the market declined from […]

Government and Land Use

Los Angeles Business Journal: Building on Incentives

Building on Incentives In a column published in the Los Angeles Business Journal on May 24, 2010, JMBM Government and Land Use partner, Benjamin M. Reznik, argues that local government should be looking to state statutes — not mandates — to spur the creation of affordable housing. Click here to read the article.

Land Use

JMBM Development Rights: Density Bonus Under Attack by Cities

In adopting SB1818, the State Legislature thought it had figured out a way to force local jurisdictions to comply with the state mandate of providing more affordable housing long codified in Government Code Section 65915. Despite the fact that this law has been on the books for many years allowing the building of bonus market […]

Land Use and Real Estate

JMBM Focus: JMBM 2009 California Real Estate and Land Use Survey Results

Developers and investors remain cautious, prepare for the future JMBM’s 2009 California Real Estate & Land Use Survey confirms that real estate developers and investors remain unconvinced that the end of the real estate downturn is imminent. 69% of those surveyed indicated they were cautious, while 22% were bearish about the real estate market. Still, […]