Fifty-two stories, four visually distinct sections, and one playful, gaping hole constitute the major components of Gensler's proposed new 300+ unit residential building for downtown Los Angeles, which would rise from the ashes of a (soon-to-be) former auto dealership on 1600 South Figueroa... View full entry

 The Wall Street Journal reports that the seven-year long boom in luxury apartment development is about to fizzle out. Since early 2010, U.S. apartment rents have risen more than 26%—a pace much faster than either inflation or income growth. This pattern began to slow last year, when rents rose... View full entry