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Wednesday, February 25, 2026

A broke Chinese real estate developer left Los Angeles with empty, graffiti-covered towers and a billion-dollar bill

The Los Angeles City Council on Friday agreed to spend $3.8 million to fence and begin cleaning up an abandoned real estate project that has been mainly used by graffiti artists and base jumpers since a Chinese development firm abandoned the build in 2019. The nearly $4 million sum is just the …

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