Gramercy 7 Lofts

Sacks Real Estate Consulting assisted with the City subdivision process for this seven-unit loft condominium development located just east of the Larchmont area of Hancock Park. The Principals, an award-winning architecture and development firm, wore both hats for this project. The units incorporate polished concrete floors, 14’ ceilings, 24’ double-height spaces, glass roll-up garage doors, roof decks with 360 degree views, a high level of furnishings and finishings throughout, and numerous green-friendly features. The anticipated completion date for the project is early 2009. Contact: www.assembledge.com

sbl dwellings approached Sacks Real Estate Consulting for help with her proposed 8-unit condominium project in a bustling and rapidly revitalizing part of North Hollywood. The Site, a very well-located corner lot, was impeded by several factors: extensive proposed street dedication requirements on both frontages and various trees of a protected species-type that would need to be removed in order for the Site to be developed.

Sacks Real Estate Consulting recommended a dual strategy to address the dedication requirement, which, if imposed, would dramatically reduce the available footprint for the building. First, try to have the dedication requirements waived through extensive outreach to the community and Neighborhood Council as well as to the CRA, the Council Office, the Bureau of Engineering, and the Urban Forestry Division. Second, apply for variances and adjustments to reduce the setback requirements in the event the City compelled the street widenings. The concerns regarding the trees were aided by these outreach efforts as well as the Principal’s remarkable and visionary decision to replace the dilapidated oak and other trees on the Site with healthy, mature oaks. The stunning design by Sander Architects, the project architect, and the Principal’s decision to make the project as “green” as possible – current plans call for the building to be Leadership in Energy and Environmental Design (“LEED”) Platinum—helped Sacks Real Estate Consulting successfully persuade the community and the decision makers that this was a remarkable project which deserved to have the dedication requirements waived.

Huston Lofts

Contact:

Developer: www.sbldwellings.com

Architect: www.sander-architects.com

Contact:

Developer: barrycondos39@yahoo.com

Architect: www.sander-architects.com

Barry Avenue Condos

Sander Architects recommended Sacks Real Estate Consulting to the developer of this project, another sustainably designed, architecturally striking condominium project. Barry Lofts required and was granted a parcel map for this two-unit townhome-style project. A pair of freestanding townhomes that face one another over a drivable courtyard, these two houses are like siblings—related but not identical. They both have three floors with generous living spaces with double-height living spaces in the main living areas.

The Pygmalion Group identified a street-to-street lot in the Sunset Junction area of Silver Lake as an excellent location for their 9-lot, 10-unit Small Lot Subdivision project. The City passed the SLS Ordinance in early 2005 to facilitate the production of an alternative means of developing sites zoned for multifamily residential uses. Unlike condominiums, a familiar product type, the owner of each small lot unit owns the property from the dirt to the sky. There may be reciprocal easements and maintenance agreements, but no homeowners’ association. Sander Architects was selected not only because of their design talents but also because their “hybrid house” system seemed a perfect fit for the project. This is a partial prefab system that permits significant savings in construction costs. Hybrid House also provides interesting architectural possibilities and the ability to easily incorporate many sustainable features, including reduced construction waste. Small Lot Subdivisions present unique challenges in terms of strategic planning, site planning, and entitlements. Valerie Sacks had extensive involvement with all aspects of the project, going far beyond the entitlement and community outreach process. Valerie Sacks also has extensive project management duties, which included playing an integral role in site selection and analysis, strategic planning, legal advising, and coordination and consultation with the architect, the civil engineer, and other consultants. Sky Garden Townhomes will have 8 single-family homes and one duplex on 9 small lots ranging from 719-1606 s.f. in size. The project calls for many sustainable features. The Pygmalion Group anticipates that the units will qualify for LEED Silver or better.

Sky Garden Townhomes

Contact: Developer: www.pygmaliongroup.net Architect: www.sander-architects.com

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