July 7, 2021
Tag: Angelo Mozilo
Should These Old Hangars Be Preserved?
Other recent news: Inflatable elephant spotted around town; Montecito Club's fight for as-built approval; water supplies and the drought situation; rapid Covid testing for travel and events; Circus Vargas opens this week; improvements to a Hope Ranch pedestrian bridge; new boat hotels in the Ventura harbor; Ojai home store; Solvang has been called an “adult Disneyland." 5
June 30, 2021
Countrywide’s Former CEO Is at War With the Montecito Club
Other recent news: Biltmore employees and Four Seasons head back to mediation; Santa Barbara man accused of running a Ponzi scheme; Riviera homeowner who illegally cut down trees now faces felony charges; UCSB has failed to build promised housing; homeless to be moved to motel for fire season; new home for at-risk young adults; L.A. County wants people to wear masks indoors because of the Delta variant of Covid-19. 2
















Recent Comments
It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley
Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ
I think some folks who would consider this is a windfall for Yardi may be overlooking two things: 1)The cost to Yardi to buyout AB's… — StanThompson
Just realizing I did not address your first point. The buildings on the property have been up for sale, and their value is also depressed… — SBradley
I think that the city's representation of this land as having ‘zero value’ is confusing because it sums together the value of 2 distinct things… — SBradley
No idea whether this is a good deal for Yardi or not. Paseo Nuevo has been available for sale since 2020 with no buyers -… — NuemanJ
I wish this same logic worked for Thrifty ice cream! According to the BLS inflation calculator, something that cost 5 cents in 1970 should cost… — Doug B
I'm unclear how bike lanes are related to maga. For that matter please explain how freeways and rail lines are remotely maga in a state… — Bettye Jones
Worth knowing about the Paseo Nuevo deal: the city is skipping the required competitive bidding process for this public land transfer by using the state-approved… — SBradley
This write up is such a biased take that sides with a handful of people. I imagine the people groaning about this project have a… — Yesenia G.