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Forest City Realty Trust, Inc., formerly Forest City Enterprises, was a real estate investment trust that invested in office buildings, shopping centers and apartments in Boston, Chicago, Dallas, Denver, Los Angeles, Philadelphia, and the greater metropolitan areas of New York City, San Francisco and Washington, D.C.
When completed, it became the tallest residential tower in Los Angeles and the tallest residential tower in California. [4] It surpassed the 58 floors 647 ft (197.2 m) Millennium Tower in San Francisco and 820 Olive Tower 637 ft (194.2 m) in Los Angeles. [5] The building site was previously a vacant lot. [6] The tower has 785 apartment units.
It was developed in the 1950s and 1960s and is named after Paul Trousdale, a real estate developer. [1] As of September 2019, the average sale price of a home in Trousdale Estates was over $11 million. [2] According to Bloomberg L.P. it is one of the 12 most expensive neighborhoods in the USA. [3]
In October 2017, the company acquired the Montague–Court Building, then the largest office tower in Brooklyn, for $171 million from SL Green Realty. [18] In October 2017, the company acquired Uber's building in Oakland, California for $175 million. [19]
Olympic and Hill is a residential and retail tower under construction in downtown Los Angeles, California that is located within walking distance from Crypto.com Arena, L.A. Live, and Broadway district. It is being developed by Onni Group and designed by IBI Group. [2]
The 'Million Dollar Listing Los Angeles' star officially became the ultra-modern home's new owner on Oct. 16 Reuters 3 months ago Australia PM launches affordable housing plan, buys $2.9 million ...
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