Monaco Billionaire Developer Plans to Exit Carmel-by-the-Sea Amid Community Tensions

TL;DR Summary
Monaco billionaire Patrice Pastor is leaving Carmel-by-the-Sea after facing prolonged delays and opposition to his development projects, which he attributes to local resistance and regulatory hurdles, despite his significant property investments and efforts to preserve the town's character.
Topics:top-news#carmel-by-the-sea#community-conflict#development-delays#local-news#patrice-pastor#real-estate
- Monaco billionaire developer says he’s bailing on Carmel-by-the-Sea, a ‘strange community’ Los Angeles Times
- Billionaire Real Estate Developer Threatens To Quit Building in Wealthy California Enclave as Zoning War Erupts Realtor.com
- Adorable city loved by celebs in crisis as billionaire pulls the plug dailymail.co.uk
- Fed up, Monaco billionaire says he's leaving Carmel MSN
- Monaco billionaire developer says he's bailing on Carmel-by-the-Sea, a 'strange community' Yahoo Finance
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
8 min
vs 8 min read
Condensed
98%
1,543 → 38 words
Want the full story? Read the original article
Read on Los Angeles Times