clock menu more-arrow no yes

Filed under:

Downtown's Biggest Landlord Does His Own Windows

New, 11 comments

This morning, we happened to catch developer Richard Meruelo, CEO of Meruelo Maddux Properties (now in Chapter 11), cleaning the windows of a loft at Grand Lofts, one of his properties (just the unit, not the building) at 12th* and Grand. You do the windows yourself, we said. Impressive! "Someone has to do it," he told us, noting the windows were getting a bit grimy. We asked him when the terrible market would get better. "Probably not till the beginning of next year. But I don't think we're going to get any worse." In the meantime, Windex spritzes for all.
· Commercial landlord Meruelo Maddux seeks Chapter 11 [LA Times]