Posted on 08/12/2019 3:37:48 PM PDT by Innovative
The billionaire real estate developer whose support for President Trump sparked calls for a consumer boycott is also behind one of the flashiest redevelopment projects coming to downtown Los Angeles.
Protesters in West Hollywood and elsewhere called last week for customers to cancel their memberships with luxury gym Equinox and SoulCycle studios after learning that Stephen M. Ross, chairman and founder of the Related Cos., was planning a Trump fundraiser at his home. Ross has a minority stake in Equinox and SoulCycle, said Related spokesman Glenn Gritzner.
In L.A., Related has a major project under construction called the Grand, which is expected to house a 20-story Equinox Hotel. That development, which will also include a 39-story residential tower, is slated to receive more than $198 million in financial help from the city, according to a report issued last year.
(Excerpt) Read more at latimes.com ...
Thanks Innovative. IOW, the Los Angeles Slimes wants to make sure everyone knows the names of all the businesses they want boycotted.
Partisan Media Shills update.
The city paying them to develop property, create more congestion... they should pay residents not to leave the city! Give residents a discount on hotel rooms and memberships at the gym. Discounted parking for residents of the city.
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