Through his passion and courage Geoff Palmer pioneered a vision for Los Angeles that is today embraced by many. Palmer’s cash helped Prop 10 opponents pay for a massive, and deceitful, TV ad campaign that tricked and confused voters.
[21] On September 17, 2019, Palmer hosted a fundraiser with President Trump at Palmer's home.[22]. Los Angeles Renaissance, by Rick Gibson, Pepperdine People, Spring 2006. In 2019, Palmer was hit with a class-action lawsuit that charged him with wrongly keeping millions of dollars in rental security deposits from thousands of tenants in Southern California.
[citation needed], National Republican Congressional Committee, Great American Economic Revival Industry Groups, https://www.martindale.com/beverly-hills/california/geoffrey-harrison-palmer-143664-a/, Arson at Geoffrey Palmer's Da Vinci apartments in Los Angeles, California, "How architect William Krisel built a desert oasis", "Dan Saxon Palmer, 86; architect of 1950s' Modernist tract homes", "Trump Mega-Donor Geoff Palmer Is Also LA's Most Controversial Developer", "Apartments, Finally, for Downtown Los Angeles", "Geoffrey Palmer seen as both downtown L.A. trailblazer, steamroller", https://caselaw.findlaw.com/ca-court-of-appeal/1077003.html, "City settles suit with developer Geoff Palmer over burned DaVinci complex for $400K: Hundreds of fire department windows shattered and the heat-melted city computers", "7 Awful Stories About the Man Destroying Downtown LA", "Meet Donald Trump's biggest donor (he also loves to build walls)", https://www.opensecrets.org/pres16/contributors?id=N00023864, https://therealdeal.com/la/2019/09/17/developer-geoff-palmer-longtime-trump-backer-hosts-presidential-fundraiser-in-beverly-hills-home/, "Affinity for Opulence: Paying Tribute to a Founder of Beverly Hills With a Remake of His Former Estate", "Polo on the French Riviera @ St. Tropez Polo Club", https://en.wikipedia.org/w/index.php?title=Geoffrey_Palmer_(real_estate_developer)&oldid=981878763, Creative Commons Attribution-ShareAlike License, This page was last edited on 4 October 2020, at 23:22. A few years ago, billionaire Geoffrey Palmer was crowned with an ignominious title: “Downtown L.A.’s worst developer.” It was easy to understand why.
While millions of Californians worry about how to pay the rent, he lives a life of extravagance at palatial, multi-million-dollar estates in Beverly Hills, Malibu, and Aspen, Colorado. [13] The City denied the waiver and Palmer sued the City of Los Angeles (Palmer/Sixth Street Properties LP v. City of Los Angeles) claiming the City's affordable housing zoning requirements in the Central City West specific plan violated the Costa-Hawkins Act. Geoff envisioned a revitalized city with large, classically designed upscale apartments that would attract young, successful business executives. Geoff Palmer and his wife, trustee Anne … But that doesn’t bother him much — Palmer just wants to keep making enormous profits. Activists argue that with mass unemployment and lost wages triggered by the COVID-19 pandemic, California’s 17 million renters need rent control more than ever. [23] Palmer plays competitive polo. Geoffrey Palmer, in fact, has long been an ardent supporter of Trump’s. The Medici, built in 2000, was the very first luxury apartment in Downtown Los Angeles. He also spent millions to stop rent control while Californians struggle through a worsening housing affordability crisis. In 2018, Palmer contributed $2 million to stop Proposition 10, the statewide ballot measure that would have expanded rent control in California.
[20], In 1991, Palmer paid an administrative $30,000 fine after being accused of money-laundering campaign contributions in order to prevent the incorporation of Santa Clarita.
He also owns more than 4,500 units in the Santa Clarita Valley, which were built decades ago. Palmer has clashed with local government officials and activists, in part due to criticism of the style of his apartment buildings. [4][5][6] The younger Palmer grew up in Malibu, California. Palmer’s first major development, 384 town homes, opened up in 1985 in a city now known as Santa Clarita.
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GH Palmer started the Luxury apartment building phenomenon in Downtown Los Angeles. [11][17] Councilman Ed Reyes also criticized Palmer for the accidental destruction of an 1887 Victorian-style building. [11], In 2006, Palmer applied for the Piero II, a mixed-use project, and requested that the City waive the affordable housing requirements. GH Palmer was one of the first companies to build multi-family apartments in Santa Clarita. Notable features include arched openings along the top story, dentils, brackets, pilasters and capitals. After starting his real-estate company in 1978, Palmer pursued his first major development in the then-remote exurb of Santa Clarita, on the northern border of Los Angeles County. Broadway Palace Apartments is designed in the Beaux-Arts style with a plaster and cast concrete ground level and top story, separated from the terracotta brick middle stories by string courses[clarification needed], moldings and changes in materials. [8] Palmer then earned a Juris Doctor from Pepperdine School of Law. Los Angeles, CA 632 Units Built: 12/02.
In News by Patrick Range McDonaldJuly 4, 2020. "[15], The City of Los Angeles later sued Palmer for negligence after another development, the Da Vinci, intentionally set fire by an arsonist currently in jail, damaged the adjacent freeway and a nearby city government building, eventually settling the case for $400,000.[16]. Palmer recently completed the $330 million Lorenzo complex near … Palmer, who praises himself as ... Practices Commission charged Palmer with 15 counts of illegally laundering campaign contributions to try to prevent Santa Clarita from incorporating, after an anonymous tip hinted that Palmer had encouraged employees of his company to donate to a PAC opposed to the incorporation and had reimbursed those employees with both company and personal funds. [19], Palmer is worth an estimated US$3 billion. [18], Palmer, a strong opponent of mandatory affordable housing requirements for real estate development, appears in the Paradise Papers in connection with a Bermuda offshore to hold the registration for his private jet, which is done for security and maintenance reasons, yet he still pays the required California assesses property taxes on aircraft, which Bermuda does not. All that cash to buy mansions and curry favor from Trump came from Palmer’s nefarious business methods. Geoff Palmer is a true visionary.
Geoff's work in Southern California has established GH Palmer as one of the nationâs foremost developers. His track record shows he’s only out for myself — no matter who gets hurt. San Diego attorney Jimmie Davis Parker said that Palmer, “through his company systematically and in bad faith, retained security deposits by failing to properly document the work that they charge tenants for when they move out.”, The lawyer added that unlike Geoffrey Palmer, “Most people who rent apartments are not wealthy individuals and they often times rely upon the return of their security deposit to help with the expense of moving locations.”.
Since 2016, he’s shelled out a whopping $14.8 million to campaign or political action committees that back Trump, according to FEC filings. [7] During the 1990s, Palmer focused on building more than 2000 market-rate housing in downtown Los Angeles and its suburbs.
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