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This is not an offering. The complete offering terms are in an offering plan available from Sponsor. File No. C860704. Sponsor: Skyview Apartments LLC, 152 West 57th St, 12th Floor, New York, NY 10019. The unit layout, square footage, and dimensions are approximate and subject to normal construction variances and tolerances. The information contained herein are renderings and may not reflect the true condition of the building and individual units. Some materials, finishes, fixtures, or appliances may vary by unit. Units will not be offered furnished. No representation is made that a Unit Owner will be able to implement the furniture layouts shown herein. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Prospective purchasers are advised to consult the Offering Plan and inspect the actual model unit and the building prior to purchasing and should not rely on the renderings provided herein. Equal housing opportunity.
And as destructive natural disasters have become more frequent in recent years, state and local officials have felt increasing pressure: How does California find ways to ease a dire housing shortage without ignoring the harsh reality of climate change?
Now, an unlikely coalition of environmentalists and housing advocates is backing a bill that seeks to slow growth in many parts of the state at high risk of fires and floods while encouraging more multifamily housing in existing population centers.
Since 2018, devastating wildfires in Lake Tahoe, Wine Country, the Sacramento Valley, the Santa Cruz Mountains and other parts of the state have burned thousands of homes and killed dozens of people. And this year, severe flooding has hit the San Joaquin Valley and Central Coast, damaging hundreds of homes in the Monterey County farm town of Pajaro.
Margie Freedman, who lives in the Monte Vista Villas townhome development in the Oakland Hills, is one of them. Freedman, who has struggled to find affordable homeowners insurance as insurers have become increasingly reluctant to cover properties in fire-prone areas, thinks market forces, rather than legislation, will ultimately control where housing is built.
Dan Dunmoyer, chief executive of the California Building Industry Association, said the bill would drive up land values by limiting where new housing is allowed, making construction in rural and urban areas alike even more costly.
He said building homes anywhere in California comes with an inherent risk, pointing to the threat of earthquakes. But just as newer housing is built to better withstand violent tremors, updated building codes have also made homes more fire resistant, he noted.
Despite such assurances, California Attorney General Rob Bonta last year released stricter guidelines for how and where developers should be allowed to build in fire-prone areas. His office has also been part of several lawsuits to block large projects in areas with a history of wildfires.
Still, recent efforts to add more far-reaching restrictions have fallen flat. In 2021, a state bill to ban development in high fire-risk areas stalled out amid heavy opposition from the building industry. Before that in 2020, Gov. Gavin Newsom vetoed a measure that would have mandated more evacuation routes, vegetation management and strict building codes for new developments in fire-prone regions.
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