Price drop already?!

Regarding The Collection, la.curbed.com reports that prices have dropped already and are now slightly under $700,000.

Breed restrictions!?

I forgot to mention in the previous post about the Burbank Collection, the new loft complex going in across from the AMCs: they allow pets. Up to 70 lbs. But they have breed restrictions in their CCRS and don't allow either pit bulls or rottweilers. I haven't encountered this restriction before, but it certainly makes sense.

Got Loft?

Want a loft but don't want to move downtown or to North Hollywood? The Burbank Collection is open for sales and will be available for occupancy next June. This is the complex going up right across from the AMC in downtown Burbank and will feature a fitness center, swimming pool, dog run, etc. Each 1-, 2-bedroom or penthouse unit will have 2 side-by-side parking spaces and guest spaces. I haven't seen the model units yet, but I'm told they all have high ceilings, stainless-steel appliances, granite countertops and washer dryers. At this point, they range in price from $700,000 to $1,000,000, but I expect that will change as the market continues to contract. I was recently in downtown Burbank on Saturday night and was impressed by the foot traffic. It truly has become a "destination" and I think it would be a fun place to live.

Shootings in our Little Burbank!

There was a triple murder-suicide on my block this past Thursday. It was a neighbor-against-neighbor dispute, in a large apartment building, and at least one victim had nothing to do with the dispute. Family members were witnesses. Putting aside the issue of gun control, what does this say about urban density? In particular, the growing density in my neighborhood? (Okay, I'm a NIMBY.) Sure, this could be looked at as an isolated incident. But each week the police log in the Burbank Leader lists at least one crime "incident" on San Jose, a block away. As we all know, San Jose has become extremely overbuilt in the last two years and the number of people living in the neighborhood has soared. But the City planning staff member that I spoke to in April insisted at the time that there's no statistical correlation between density and crime. Oh, really? Tell this to the other neighbors who were in the bullets' paths. This shooting is just more fuel for my developing anti-growth sentiments. Incidentally, most of my co-Realtors are pro-growth.

New Burbank pics

Check out the site Flickr.com and type in Burbank. Lots of cool shots of our town: the Franks sign, the Kwicky Mart sign, etc.