LA’s $1.2 Billion ‘Graffiti Towers’ Clear Major Bankruptcy Hurdle

Downtown development stalled since 2018 reaches settlement with creditors, paving way for potential sale ahead of 2028 Olympics After years of abandonment and becoming an unwelcome symbol of urban blight, the notorious Oceanwide Plaza development in downtown Los Angeles has reached a pivotal bankruptcy settlement agreement that paves the way for the troubled project's potential […]