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Mayor Garcetti Gets Streetwise, Spec Mansion-mania

[Rendering of future hard bodied and angular residents of Mohammed Hadid's "Modern House of Hadid" in Bel Air, asking $45 million]

This Week's Top Stories: Following a stealthy first 100 days in office, Mayor Eric Garcetti came out swinging this week with a big initiative to make LA's boulevards less blighty and more pedestrian friendly. He also visited the CAA deathstar to converse with the denizens therein about rebranding Los Angeles a la Mayor Bloomberg's efforts to rebrand New York City. Slow progress has been made to fulfill our hopes of one day getting to LAX via light rail, with the latest plans seeming to favor a people mover connection from a nearby station on the Crenshaw Line. Curbed provided a useful map for finding public art to see and love around Southern California, including Watts Towers, Forever Marilyn, Levitated Mass and a piece by Banksy in Downtown LA. Time travelling back to 1960's Palm Springs remains a challenge, so instead may we offer you this untouched four bed, four and one half bath time capsule formerly owned by Arthur Elrod now on the market for $2.195 million. A monstrous spec house in Beverly Hills with a six person jacuzzi, glass walled garage and views of the poors below has come on the market for $36 million. And lest we forget how poor we are, new data shows that an average family in LA can only afford 24 percent of the homes currently on the market.