Los Angeles Times: "Skyscraper with condos and a hotel proposed for downtown Los Angeles"

"Housing development in L.A. has practically stopped during the pandemic, said Stuart Gabriel, director of UCLA Ziman Center for Real Estate. 'We are in desperate need of new supply at all price points.'

There is some risk, however, to urban high-rise development at a time when the pandemic is causing some people to consider living in less densely populated suburban neighborhoods instead of urban centers, Gabriel said."

[LAT: 4/10/2020]