City Hall, the Mayfair is Not Worth $83 million, says HHR
Retrieved on:
Wednesday, August 16, 2023
Public Policy, Government, State, Local, Other Construction & Property, Residential Building & Real Estate, Advocacy Group Opinion, Construction & Property, Urban Planning, AHF, Housing, Omni William Penn Hotel, Weeping Angel, Mayfair, Sinclair, Mayfair Hotel, Morrison, City, Philippine House Committee on Human Rights, HHR, Council, HHF, The Washington Mayfair Hotel, Human, Nightclub, Hotel
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.
Key Points:
- 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.