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California housing crisis

Billionaire real estate developer Patrice Pastor walking away from a stalled mixed-use project in Carmel-by-the-Sea due to zoning disputes with local residents and city council.
Real estateNews

Billionaire developer threatens to walk as California zoning battle rages

18 August 202518 August 2025 Molly Gilmore Zoning laws, Planning commission, California housing crisis 4 min read
Tucked along the Monterey Peninsula, Carmel-by-the-Sea has long stood as one of California’s most desirable and... Read more
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