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Henry Finkelstein Henry Finkelstein is a partner at Greenberg Glusker.

LOS ANGELES—Los Angeles, as a city, is (very) slowly moving away from cars. Uber, driverless cars and more public transport are all part of the push for less driving. While we are a long way from bulldozing the freeways, property owners are finding ways to reduce parking or build parking structures that can be converted to new uses in the future. This is true for property owners across product types, from multifamily to retail and office. To find out what property owners are doing to reduce their parking requirements, where this is becoming popular and if it is premature to start talking about a car-free Southern California, we sat down with Henry Finkelstein, a partner at Greenberg Glusker, for an exclusive interview.

GlobeSt.com: Why are property owners looking to reduce parking requirements?

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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