Graffiti Towers no longer?

The KPC-Lendlease joint venture kinda got the Oceanwide cleanup job done.  The JV — Dr. Kali Chaudhuri’s outfit and the one-time general contractor on the abandoned development — had until Oct. 20 to remove the graffiti off Los Angeles’ infamous graffiti towers after the court signed off on their $470 million offer to buy the complex, mostly via a credit bid. (The price is actually anticipated to be north of $500 million after all is said and done, once the deal closes).  Prior to the Oct. 20th deadline, the original Beijing-based bankrupt developer, in a status report to the court, […]

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