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New Yorkers Are Fleeing To Los Angeles In Droves, Study Shows

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NEW YORK, NY — It's one of the oldest rivalries in American migration: New York vs. Los Angeles. For the better part of a century, residents of the nation's two largest metro areas have been defending their chosen kingdom and dismissing the other on an endless loop of judginess between kitty-corner coasts. Ew, the traffic! But the sunshine! But the subway! But the garbage! But the skyline! But the coastline! But the bustle! But the chill! In this tireless war of words, a clear winner has yet to emerge. But it's harder to argue against the numbers. Thousands of working professionals have relocated to Los Angeles County from New York City in the past year and a half, according to a series of monthly "workforce reports" released this spring and summer by the job- networking site LinkedIn (and spotted by LA Weekly). And it's not exactly a two-way street. Since early 2016, according to LinkedIn, around seven or eight out of every 10, 000 site users in LA report...

Terracina Apartments to Qualify for LEED Gold Certification -- AMCAL Multi-Housing

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AMCAL’s new Southern Los Angeles County community has high- efficiency appliances and low-irrigation landscape Screen Shot 2014-07-23 at 4.29.29 PM AGOURA HILLS, Calif. - July 23, 2014 - PRLog -- AGOURA HILLS, CALIF. - AMCAL Multi-Housing, one of California’s leading builders of workforce and affordable housing, announces the planned LEED Gold certification for the new apartment community , Terracina in South Los Angeles County . Terracina is AMCAL’s fourth LEED Gold development since 2011, along with four Platinum and two Silver apartments qualifications . To achieve LEED Gold , AMCAL created a community with a range of unique green features : - 27% reduction in energy use - 70% of construction waste was diverted from landfills - Water- efficient flow fixtures to reduce indoor indoor water use - ENERGY STAR appliances installed to reduce energy loads - Storm water runoff managed by increasing vegetative landscaping , directing impermeable surfaces towards infiltration feat...

AMCAL to Build 112 Affordable Housing Units in L.A.

AGOURA, CA - AMCAL Multi-Housing, one of California's leading builders of workforce and affordable housing , has just announced plans for two new, apartment developments in Los Angeles stemming from the recent funding from California Tax Credit Allocation Committee (TCAC). TCAC funding will be used by AMCAL to finance the Argyle Apartments, a 40-unit development in Hollywood, and the Terracina Apartments, a 72-unit development in South LA. Construction on both is set to begin this Fall. "Our success in receiving these awards is a result of our ability to develop adequate soft funding , which made our applications competitive and demonstrated a readiness to proceed with the development," said Percival Vaz, chief executive officer of AMCAL. "We have also been able to secure equity investors and permanent lenders enabling us to move forward, whereas with the economy still struggling other developers without strong backgrounds and investor relationships have ha...