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

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.

Feb 1, 2025 - 01:30
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LA’s Fire Recovery Czar Privately Tells Hollywood Execs To Hold On to Their Properties, Promising City Investments Will Triple Their Palisades Property Values
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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