Altadena Residents Rebuild, But Luxury Developers Could Stop Them In Their Tracks
Months later, the fires are out, the dust has settled and Altadena residents are looking towards their next lofty challenge of rebuilding the places that they have called home and the buildings that were the sites of dreams realized — but just as this next optimistic phase gets underway, a crop of luxury developers could be ready to grind things to a definitive halt. The signs were there of what is currently an ever-growing fear, as just one month after the Eaton fire ravaged the Altadena community the first vacant lot available, among the ash and debris, sold for a jaw-dropping $500,000 — which was $100,000 over the initial asking price.
Read More