LA’s Fire Recovery Czar Privately Tells Hollywood Execs To Hold On to Their Properties, Promising City Investments Will Triple Their Palisades Property Values

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Los Angeles mayor Karen Bass’s (D.) wildfire recovery czar, Steve Soboroff, advised Hollywood talent executives on a private Zoom call to wait to sell their properties. City investments in the Palisades neighborhood, he said, will allow them to "triple" the low-ball offers they’re currently receiving.

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