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Milwaukee: Million Dollar Downtown Real Estate

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By   –  Editor-in-Chief, Milwaukee Business Journal
 Updated 

There is suddenly a surge in the number of downtown Milwaukee condos on the sale block with a price tag of more than $1 million, including five units in the exclusive University Club Tower on Milwaukee’s lakefront. Check out the attached slideshow to see the five University Club condos up for sale.

Several Milwaukee real estate brokers said it was the most units they can remember being for sale at University Club, 825 N. Prospect Ave., in recent years. The units range from $1,675,000 to $4.75 million, which is believed to be the most expensive condo currently for sale in Milwaukee.

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Business

Southern California Wildfires Force Evacuations

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Several homes were destroyed in Bel-Air on Wednesday as a wind-driven wildfire triggered mandatory evacuations in one of Los Angeles’ most exclusive neighborhoods.

The fire prompted evacuations in a large swath of the hillside enclave, which taken with other fires around the region added to a total of more than 100,000 people forced from their homes.

Flames from a 45,500-acre-wildfire have been spreading randomly from strong winds leaving some homes burned to the ground and other homes untouched

After several tense hours, firefighters appeared to be getting a handle on the fire, which burned in the same area as the destructive 1961 Bel-Air fire. That blaze destroyed more than 500 homes and prompted some of the city’s toughest fire safety regulations.

Wednesday’s fire erupted about 4:50 a.m. in the brush next to the northbound 405 Freeway, near Mulholland Drive. Flames fanned by 25 mph winds quickly traveled east into Bel-Air and scorched 475 acres and destroyed four homes by the afternoon, officials said. An additional 11 homes were damaged and the fire was 5% contained by 3 p.m., officials said.

“It’s been years since anything here has burned at all,” said Los Angeles Fire Department Capt. Cody Weireter. “You’ve got heavy, heavy brush, you’ve got the dryness — obviously, we haven’t had any rain at all. A lot of the fire is topography-driven, which already becomes dangerous. The wind is going to increase that twofold.”

More than 350 firefighters, 52 engines and six fixed-wing aircraft had low temperatures and humidity on their side as they battled the blaze from the north, west and east in high winds. Los Angeles Mayor Eric Garcetti declared a state of emergency Wednesday morning.

“These are days that break your heart,” Garcetti said. “These are also days that show the resilience of our city.”

After the fire erupted, authorities completely shut down the 405 Freeway between the 10 and the 101 freeways, even as they ordered evacuations in a 3.2-square-mile zone stretching from Mulholland Drive to Sunset Boulevard, and from Roscomare Road on the east to the 405 Freeway on the west.

The freeway has since reopened, though the Moraga Drive, Getty Center Drive and Skirball Center Drive offramps from the northbound 405 remained closed, the California Highway Patrol said about 5 p.m.

Jackson Rogow, 24, woke up at 6 a.m. to the smell of smoke and the wail of sirens. He ran outside in his boxer shorts and saw his neighbors on Bellagio Road standing in the street and packing their cars. The moon was blood red, he said.

He prepared to leave with his girlfriend, the couple’s cat, Zeppelin, and a bag of kitty litter. His girlfriend found a stack of photographs of her late father. Rogow waved to a truck as it whizzed by around 7 a.m. He shouted, “Should I leave?” A firefighter gave him a thumbs-up, he said, but he wasn’t sure what that meant.

By 8:30 a.m., Rogow received a phone alert to evacuate. But as those in the evacuation zone tried to flee, some were trapped in a traffic on narrow, winding roads.

Drivers seeking alternate routes between the San Fernando Valley and the Westside are getting stuck in traffic on winding, hilly streets in the fire area, which could pose a danger to themselves and to firefighters, LAPD spokesman Josh Rubenstein said.

“It’s getting all jammed up in there,” he said. “They’re deep into the evacuation area.”

Rubenstein urged drivers to stay away from the area bounded by the mandatory evacuation order.

Elementary and college students alike in Santa Monica, Malibu and parts of West L.A. were told to stay home Wednesday. UCLA canceled classes as the campus and parts of Westwood lost power, forcing the university to rely on its backup sources for about an hour until power was restored.

Among the properties threatened was publishing billionaire Rupert Murdoch’s 16-acre Moraga Vineyards estate, which is on Moraga Drive.

A pocket of the vineyard on top of a hill in the estate was smoking and burning, firefighters said Wednesday afternoon. At 1:45 p.m., helicopters were dropping water onto the vineyard. No structure on Murdoch’s property was on fire, authorities said.

Murdoch released a statement Wednesday saying television footage showed there may be damage to some buildings in the upper vineyard area, but the house and the winery appear to be intact.

“The situation at Moraga Bel Air is very fluid at the moment,” he said in the statement. “We are monitoring the situation as closely as we can and are grateful to the efforts of all the first responders. Some of our neighbors have suffered heavy losses and our thoughts and prayers are with them at this difficult time.”

Firetrucks having to navigate the narrow lanes on the block focused their efforts up the street earlier in the day, where thick brush was being quickly consumed by flames.

In the 1200 block of Moraga Drive around 10:45 a.m., a firefighter helped a woman place her black suitcase inside her Bentley. She drove away quickly, leaving her yellow Spanish-style house surrounded by flames.

Thick, green brush sizzled about 100 feet away on the hill behind the yellow house, as the flames grew larger.

“Our greatest threat is, and will always continue to be, the wind,” Los Angeles Fire Department Chief Ralph Terrazas said during a 9:30 a.m. news conference.

Other fires in Southern California have stretched resources thin. The LAFD has scaled back the number of employees and engines responding to 911 calls in other areas of the city, Terrazas said.

National Weather Service forecasts call for continued windy conditions through Thursday at least.

Sweet said winds are expected to gust to 40 to 45 mph in coastal areas, 50 to 60 mph in the valleys, and as high as 70 mph in the mountains Wednesday night and Thursday morning, said National Weather Service meteorologist David Sweet.

Officials also urged residents west of the fire — bounded by Mulholland, Sunset, the 405 and Mandeville Canyon Road — to be ready to leave, although that area is not under an evacuation order. As of 11 a.m., the fire remained east of the 405 Freeway.

“We are losing some property and that is tragic, but the most important thing is peoples’ lives,” said City Councilman Paul Koretz, whose district includes the area that is burning. No injuries or deaths were reported as of 11 a.m.

The following recreation centers have been opened as evacuation sites: Delano, Balboa, Van Nuys/Sherman Oaks, Westwood and Cheviot Hills.

Residents near Bel Terrace and North Sepulveda Boulevard raced outside Wednesday morning as flames encroached on their homes.

Beverly Freeman, 83, pulled out of her driveway ahead of the flames just before 7 a.m. She didn’t take any belongings with her.

As Freeman drove away from the two-story gray house that her husband built for her three decades ago, she was not sure whether she would have a home to return to.

“I was going to die in this house,” she said as tears came to her eyes, ash and smoke swirling in the air. “The flames have never come so close.”

Before Rogow left his home, he remembered a conversation he’d had with his neighbor, who had temporarily left the state for cancer treatment. Before she left, Rogow asked her: “If your house is burning down, what do I grab?”

Her medals, she said. She had more than three dozen, from marathons, half-marathons and 5-kilometer races at Disneyworld. So Rogow broke a window, jumped inside and grabbed them.

 

Source:  L. A. Times

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Editor Picks

For Rent: in Milwaukee Cozy 2 Bedroom East Side Home

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Newly listed, a nice 2br, 1bath first floor apartment in the Riverwest Neighborhood of Milwaukee, across from Kilbourn Park to enjoy Milwaukee’s fine park system, and about 1/2 mile from HWY 94 for commuting, close to shops.

This nice apartment features two bedrooms, full eat in kitchen with separate pantry for storage with gas stove plus fridge supplied by the owner. The living and dining rooms feature hardwood floors with carpeted bedrooms. Also included is a washer/dryer hookup plus basement storage, on street parking, hot air heat & newer vinyl window.

Tenants pay We Energies gas bill for heat, hot water plus cooking and electric.
The owner pays for water, sewer and trash pickup. Tenant’s are responsible for snow removal of common walks.

The owner is pets friendly for small dogs under 35lbs.

BEDROOMS
2 Bed

BATHROOMS
1 Bath

FOR MORE DETAILS PLEASE VISIT  CLICK HERE

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