Rick Caruso gets permit to moor mega-yacht in Newport Beach

Los Angeles Times: By Emily Foxhall

Billionaire developer Rick Caruso will be allowed to moor his 216-foot mega-yacht in Newport Beach after obtaining a special permit from the city.

In mid-August, to the chagrin of several citizens, the Newport Beach Harbor Commission voted to allow two large yachts — including Caruso’s — to moor for a set period of time near the west end of Lido Isle.

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