Land Use Alert: Residential Developers May Recover Excess Park Fees from the City of Los Angeles

There is an opportunity for developers who have built residential projects between 2004 and 2007 to recover some of the fees imposed by the City of Los Angeles. Between those years, the City of Los Angeles overcharged developers over $4 million for park fees payable in connection with condominium projects and for-rent residential projects requiring a zone change according to a newly released audit by City of Los Angeles Controller Laura Chick.

Please see full alert for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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