The LAPD have said the graffiti will eventually be removed which seems rather pointless for a building that is probably eventually going to be torn down before it's finished.
I hate tagging done in places where people obviously care about the building the walls are part of, but in this case it's hard not to see this as a public service:
“Look at this hubris. Hard to ignore now isn't it? A huge newly built tower abandoned for all intents and purposes. It's a waste of space, money, and it raises questions about sustainability and fairness.”
The connection between supporting broken windows, and those who break them is a lot more direct.
>The real blemish on the cityscape is a half-finished luxury condo building, not the colorful paint job.
That's a lovely way to try to frame the narrative, take that all the way through and every vacation home or place for sale/ready is "abandoned" and therefore morally acceptable for someone to take. Double plus good.
Don't let the fact the Oceanwide lot alone being worth $100m plus stop though, though. Definitely abandoned, no one likes money.
All fun and games till they come for your stuff, with the same argument. As someone with a first hand experience in that, I find it extremely peculiar these arguments are almost elusively made by 30 something year old white kids that grew up in upper middle class US suburbs.
Most modern disestablishmentarian movements simply exploit minorities and claim to speak for them, but dont actually represent their views.
Well, apart from that homelessness is not just a housing problem[0], and that homeless people in Western countries are substantially more likely to have alcohol and drug dependence than the age-matched general population in those countries, and the prevalences of psychotic illnesses and personality disorders are higher.[1]
Of course there is the idea of "housing first"[2], 'the idea [to] help people find permanent housing right away, without conditioning this housing on sobriety, mental health treatment, employment, or anything else'.
...aaand then it ends up being political.
[0] Homelessness Is Not Just a Housing Problem https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2605901/
[1] The Prevalence of Mental Disorders among the Homeless in Western Countries: Systematic Review and Meta-Regression Analysis https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2592351/
[2] https://www.theguardian.com/cities/2014/oct/20/housing-first...
Waste of money: Whose money? The developers? Sure. But it isn't like random tax paying citizens of LA had any kind of stake in it.
It would be a major liability.
None of what you wrote makes sense - it's functionally owned by new york hedge fund 2) that specializes in real estate financing, and there's some local muni nonsense 3) that's slowing down the process.
1) https://therealdeal.com/la/2023/09/29/bermuda-court-orders-l...
3) https://therealdeal.com/la/2023/08/23/california-court-block...
I only know of 22 Bishopsgate [1] — and that’s with the big caveat that they gutted the structural core of the building and replaced it.
Don’t get me wrong, I’d love for someone to have been maintaining it, and for construction to complete rather than going entirely to waste. But given the levels of fraud that have been alleged around the project, I’m not holding my breath.
As matter of fact developers build these things in parallel, lower levels are getting interiors while upper floors are still open to elements concrete and middle is getting framed out for interior. Kinda interesting to see a tower that's getting washers/dryers and exterior windows installed at the same time...
https://www.wsj.com/articles/SB10001424052748704226004575262...
We’ll just have to wait and see I guess!