The buyer is a local apartment developer that had been eyeing the property ever since Kushner Cos. and Oaktree Capital Management LP acquired it five years ago.
Republican Bob Corker of Tennessee and Democrat Mark Warner of Virginia commented on the status of the two companies Wednesday at a Senate Banking Committee.
San Francisco, Mountain View, Cupertino and East Palo Alto are all considering taxes on large local employers (read: tech companies) to offset growing inequality and overcrowding.
More than half of real estate experts and economists in the survey by housing data provider Zillow and research firm Pulsenomics LLC point to “monetary policy as the likeliest cause.”
In 2016, the California Legislature enacted a law requiring cities to allow homeowners to build accessory dwelling units, or ADUs — otherwise known as granny flats.