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Rick Caruso

All articles tagged with #rick caruso

LA mayoral race roils as filing deadline nears
politics2 months ago

LA mayoral race roils as filing deadline nears

With the noon filing deadline looming, Los Angeles’ mayoral race is in unusual flux: former schools chief Austin Beutner dropped out, Lindsey Horvath remains undecided, and Rick Caruso briefly flirted with a bid before declining. New contenders such as Adam Miller, Spencer Pratt, Rae Huang, and Maryam Zar are weighing or entering the race, while Bass’s handling of the Palisades fire has weakened her position. Donors appear to be waiting to see who jumps in, making a runoff highly likely in a crowded field.

california-politics2 months ago

Caruso steps back from CA governor and LA mayor bids

Billionaire developer Rick Caruso announced he will not run for either California governor or Los Angeles mayor in 2026, choosing to focus on wildfire recovery through his Steadfast LA nonprofit after last year’s devastation. He previously lost the LA mayoral race in 2022 to Karen Bass, and while he sought a more moderate, cross-partisan path, the politically polarized climate and Bass's incumbency made a rematch unlikely.

"Downtown L.A.'s Graffiti Tower: Controversy, Chaos, and BASE Jumping"
urban-development2 years ago

"Downtown L.A.'s Graffiti Tower: Controversy, Chaos, and BASE Jumping"

The Oceanwide Plaza luxury development in Los Angeles has become a canvas for graffiti artists after being left vacant and half-finished since 2019. The city is debating what to do with the towers, with some suggesting demolition and others proposing completion for public housing. The L.A. City Council has voted to have the buildings cleaned and secured, with the bill potentially reaching $4 million, but the bankrupt developer may not comply. Billionaire developer Rick Caruso criticizes the city's handling of the situation and blames it on dependency on Chinese money and weak policies. Mayor Karen Bass has not responded to requests for comment.