Rick Caruso Warns: Los Angeles at ‘Tipping Point’ of Failure; Only 31 Rebuilding Permits Approved

Developer Rick Caruso warned Wednesday that Los Angeles is at the “tipping point” of failure in the effort to recover from the Palisades Fire, adding that the private sector should be given a greater role in the recovery.

Caruso, who ran against Mayor Karen Bass in 2022, published an 0p-ed at the website of his new non-profit foundation, Steadfast LA, which has worked to provide solutions to challenges in the rebuilding process.

In his essay, published on the four-month anniversary of the fire, Caruso warned that the city had adopted a self-congratulatory posture while ignoring the major challenges still facing displaced residents, and that it was failing to help those trying to rebuild their homes…

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