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L.A. Developers Have a Big Problem: Too Many New Megamansions

Heavy duty vehicles line both sides of many of the winding two-way streets in the Hollywood Hills, making them treacherous single-lane thoroughfares. Construction workers wave stop signs as trucks laden with glass and steel back slowly out of driveways. Empty parcels of land all over Los Angeles’s poshest neighborhoods are being transformed into lavish mansions with price tags in the tens, or even hundreds, of millions. https://www.wsj.com/articles/la-developers-have-a-big-problem-too-many-new-megamansions-11559230837?shareToken=st2d5ebad09bc740c785c9eced3f3520cd&reflink=article_email_share&utm_source=Nancy+Valentine+Newsletter&utm_campaign=6aec6272a9-Unincorporated+LA_COPY_01&utm_medium=email&utm_term=0_e6399125e4-6aec6272a9-

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