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California Voters Deliver Landslide Mandate Against Server Farms in Historic Referendum

California Voters Deliver Landslide Mandate Against Server Farms in Historic Referendum

Voters in Monterey Park have approved the United States' first permanent municipal prohibition on data center construction, with over 86% of ballots cast in favor of the restriction. The decisive mandate introduces unprecedented zoning hurdles for the digital infrastructure sector and establishes a new template for community-led opposition to industrial computing facilities.

Staff Report
Manhattan Condo Tower Lands $54M Refinancing Package

Manhattan Condo Tower Lands $54M Refinancing Package

A 31-unit luxury condominium building in Midtown East has secured a $54 million refinancing package to replace its previous debt. The deal highlights continued lender confidence in well-positioned Manhattan residential assets despite broader market headwinds.

Staff Report