Pursuits
Hollywood Deals Stop as David Fights Goliath: Real Estate
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Target Corp. stopped construction of a new store. Real estate investor CIM Group was ordered to suspend leasing at a 301-unit apartment tower. And Millennium Partners’ $664 million high-rise complex may never get off the ground.
All three projects, located in the Hollywood area of Los Angeles, were held up by Robert P. Silverstein, who has emerged as the go-to attorney for community groups seeking to slow growth in the second-largest U.S. metropolis.