Why is Affordable housing so expensive?

From Coby Lefkowitz in Building Optimism: In Los Angeles, “luxury” units in non-high-rises can be delivered for around $300,000 to $400,000 per unit. Non-“luxury” market rate units can be completed for half of that, conditional on their size and location. Capital “A” Affordable units, on the other hand, can cost more than $850,000 for what…

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Women’s History Month Spotlight: Maria Tabarez

Maria Tabarez, Director of Facilities, Exodus Recovery Safe Landing Maria Tabarez has an unusual job: maintaining, cleaning, and disinfecting a 172-bed homeless shelter.  The challenges of keeping the five-building facility clean and disinfected 24/7 present challenges unlike most other Crothall facilities. Some residents who come to Exodus Recovery Safe Landing in Los Angeles have more…

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Novartis’s $1.4B Tourmaline Acquisition Brings Heart Drug That Could Rival Novo Nordisk, CSL Meds

Novartis is getting Tourmaline Bio’s pacibekitug, a Phase 3-ready antibody drug in development for atherosclerotic cardiovascular disease (ASCVD). Tourmaline licensed pacibekitug from Pfizer, which remains eligible for milestone payments tied to the progress of the drug. The post Novartis’s $1.4B Tourmaline Acquisition Brings Heart Drug That Could Rival Novo Nordisk, CSL Meds appeared first on…

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