Results for ‘City government’ category

Small-scale, in-fill development blues

Everyone should read this article in today’s NY Times, which goes into great depth about the problems associated with in-fill development in coastal CA. My experience with the ground-up deal we just completed was similar. No lawsuits, but it did take nearly a year to get permits to add four units to an existing duplex,

Dealing with vacant lots

Yesterday, Curbed described Long Beach’s attempt to beautify the city by placing a $55 annual surcharge on vacant lots. The argument is that the fee will be used to pay for monitoring these lots, which can be magnets for blight and misbehavior. This fee does not go anywhere near far enough. At a time when

Preservation or affordability on Sunset?

Curbed LA has a story today about the possibility that the city will deem the Hollywood Reporter building on Sunset a Historic Cultural Monument and thereby prevent a developer from moving forward with plans to build ~300 hotel rooms, ~190 condos and and ~700 apartments on the site. I appreciate interesting architecture. But I think the

People are moving again

Bloomberg is out today with an article confirming that people are, once again, moving around the country. This is a big deal for the real estate business. The Great Recession essentially froze people in place, because they couldn’t sell their (underwater) homes and had little confidence in finding work in other cities. This was really

Responses to increasing rents

Here’s how housing works in LA: Lots of people want to come here because it’s beautiful and there is economic opportunity The population increases Insanely restrictive zoning prevents developers from building enough housing to accommodate population growth Responding to pressure from tenants, the city controls rents on most units (via the RSO) New-comers and residents

Page 2 of 1012345...10...Last »