Grand Promenade
With Nathan Shapell, Goldrich and Kest developed some buildings in the Bunker Hill area of Downtown Los Angeles, including Promenade Towers, Grand Promenade and the California Plaza. They also owned Kings Villages, a 313 unit federally subsidized low-income housing project in Pasadena which they later sold to Thomas Pottmeyer &amp; Co. In 1991, Pottmeyer was later sued by the city of Pasadena for allegedly violating civil rights and fair housing laws for allegedly discriminating against blacks in favor of Latinos. The lawsuit was the most expensive in the history of Pasadena. Additionally, they owned Green Hotel, a retirement home in Pasadena, and a government-subsidized retirement home in Santa Monica.