City Hall, the Mayfair is Not Worth $83 million, says HHR
The hotel, estimated by the Los Angeles Times to cost approximately $83 million after renovations—an estimated $282,000 per unit—is extremely costly for temporary interim housing.
- The hotel, estimated by the Los Angeles Times to cost approximately $83 million after renovations—an estimated $282,000 per unit—is extremely costly for temporary interim housing.
- $83 million is approximately one-third of the current Inside Safe budget of $250 million.
- And the Sinclair is permanent housing.
- In addition, at a time that the City of Los Angeles is relaying to nonprofits that they will only consider interim housing that have kitchenettes, it is important to note the 290-room Mayfair does not have kitchenettes.