
The new law restricts owners to building a new improvement no larger than half the size of the lot's square footage, plus a 400 sq ft garage. Many of the city's 304,000 flatland houses have lots in the 5,000 - 6,000 sq ft range. Councilman Tom LaBonge is pushing for similar legislation in the city's 100,000+ hillside homes.
Building groups and the Beverly Hills/Greater Los Angeles Association of Realtors immediately decried the legislation and warned that the ordinance would drive down property values in the city. Council members were not persuaded: the measured passed 12-0.
Jamie Adner
www.adnergroup.com
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