Beverly Hills, Bel Air, and Holmby Hills.
Beverly Hills, Bel Air, and Holmby Hills.
Business
Latest reporting from the Business desk.
Business
Latest reporting from the Business desk.
Business
Latest reporting from the Business desk.
Business
Bel Air sellers paid $98M in mansion tax as fire exemption nears ballot
The Los Angeles City Council voted 13-1 on Aug. 5 to put a Measure ULA fire-victim exemption on the November ballot, while new data shows Bel Air and Holmby Hills sellers have paid $98 million under the tax — the second-highest total of any ZIP code in LA.
Business
Mercedes-Benz opens experiential studio steps from Rodeo Drive
Mercedes-Benz Studio Los Angeles opened Aug. 5 at 242 N. Beverly Drive with a Maybach GLS world premiere and Suki Waterhouse performance, bringing the brand's first U.S. experiential showroom and bespoke customization hub to the Golden Triangle.
Business
Bel Air sellers paid $98M in mansion tax as fire exemption nears ballot
The Los Angeles City Council voted 13-1 on Aug. 5 to put a Measure ULA fire-victim exemption on the November ballot, while new data shows Bel Air and Holmby Hills sellers have paid $98 million under the tax — the second-highest total of any ZIP code in LA.
Business
Bel Air sellers paid $98M in mansion tax as fire exemption nears ballot
The Los Angeles City Council voted 13-1 on Aug. 5 to put a Measure ULA fire-victim exemption on the November ballot, while new data shows Bel Air and Holmby Hills sellers have paid $98 million under the tax — the second-highest total of any ZIP code in LA.
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Business
Crustacean Beverly Hills serves final meal on Bedford Drive after nearly 30 years
Crustacean Beverly Hills, Chef Helene An's Vietnamese fusion restaurant at 468 N. Bedford Drive, will serve its final meal on Monday, July 27, ending a nearly 30-year run in the Golden Triangle; the An family plans to continue the brand through pop-ups at their Santa Monica restaurant Tieto.
Business
Beverly Hills council clears 55-unit Tower Drive apartment building over neighbors' objections
The Beverly Hills City Council voted Tuesday, July 21, 2026, to uphold the Planning Commission's approval of an eight-story, 55-unit Builder's Remedy apartment building at 232 S. Tower Drive, rejecting an appeal from the Carthay Beverly Hills Neighbors and imposing construction-hour conditions as its only available lever under state law.
Business
LA County backs legal fight against Paramount–Warner Bros. merger, citing 2,500 jobs at risk
The LA County Board of Supervisors voted unanimously on Tuesday, July 21, to back California's antitrust lawsuit against the Paramount–Warner Bros. merger, sharing a county analysis that found nearly 2,500 local entertainment jobs at risk.
Business
LA County moves to back legal fight against $111 billion Paramount–Warner Bros. merger
LA County Supervisor Lindsey Horvath introduced a motion on Tuesday, July 14, to authorize the county to file an amicus brief supporting California's antitrust lawsuit against the $111 billion Paramount–Warner Bros. merger; the Board of Supervisors votes Tuesday, July 21.
Business
Anthony Davis sells Bel Air mansion for $32 million, loses money after LA's mansion tax
Former Laker Anthony Davis sold his 17,254-square-foot Bel Air estate at 2100 Stratford Circle for $32 million on Thursday, July 9, effectively losing money on the deal after LA's 5.5% Measure ULA transfer tax consumed roughly $1.8 million of his proceeds.
Business
Veteran art dealer Molly Barnes opens personal collection show on Rodeo Drive
Veteran art dealer Molly Barnes is showing works by 11 Los Angeles artists from her personal collection at her Rodeo Drive gallery through July 16, offering a rare public look at pieces amassed over nearly six decades in the L.A. art world.
Business
Canter's Deli operator to open premium convenience store at Beverly Hills' landmark 76 station
Alex Canter, the fourth-generation operator behind Canter's Deli, plans to open Maggie's Refuel, a convenience store with draft lattes, snacks, and EV chargers, at Beverly Hills' landmark Union 76 gas station on Crescent Drive in 2027.
Business
Kylie Jenner cuts asking price on Mapleton Drive estate by $9.5 million
Kylie Jenner has relisted her Holmby Hills compound at 145 North Mapleton Drive for $38.5 million, cutting $9.5 million from the original December 2025 asking price after the property sat unsold for six months.
Business
Palisociety opens 44-room Hôtel Lili on Lasky Drive, adding $325-a-night boutique option to Beverly Hills
Palisociety founder Avi Brosh has converted a 1939 residence at 140 S. Lasky Drive into Hôtel Lili, a 44-room boutique hotel with rates starting at $325 a night, offering Beverly Hills a smaller-scale alternative steps from The Peninsula.
Business
Miura earns first Michelin star on Rodeo Drive as Beverly Hills holds two starred restaurants
Miura on Two Rodeo Drive earned its first Michelin star in the 2026 California guide announced June 24, while Nozawa Bar retained its one-star rating, giving Beverly Hills two active starred restaurants.
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