Billionaire real estate developer Rick Caruso, who developed the Grove and a number of other high-end commercial properties across the Southland is officially running for mayor of Los Angeles. Long…
Caruso added that part of his motivation for running is his heritage as “the grandson of immigrants from Boyle Heights.”
In both his tweet and the statement he attached, Caruso hit what are likely to be themes of his campaign: homelessness, crime, and corruption. A longtime Republican, the developer became an independent before registering last month as a “pro-centrist, pro-jobs, pro-public safety Democrat.” He has an immediate advantage in name recognition and financial resources over opponents Rep. Karen Bass City Councilmen Kevin de León, Joe Buscaino and City Attorney Mike Feuer.
Caruso developed not only The Grove, but The Commons at Calabasas, Americana at Brand in Glendale, Palisades Village, Waterside at Marina del Rey, as well as the Rosewood Miramar Beach in Montecito.
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