Kiss the Ring: City Pols Weigh Heavy on Development in These Major Markets
Real Estate Partner Ryan Leaderman was cited by The Real Deal in an article about how much control local officials have over real estate development. Mr. Leaderman shared insight on the development process in Los Angeles, where the approval of the appropriate local City Council member is all that is needed for a developer to move forward with a project. He described the councilmembers as "the little kings of their district," but he added that if a project goes before the Planning Commission, the commission can impose affordable housing requirements on it.
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