Results for ‘City government’ category

Growth and land-use

Love this article in today’s NY Times. For the lazy: The article makes the case that America doesn’t have boomtowns anymore, because the cities with the most economic opportunity have put in place land0use restrictions that keep housing prices very high, blocking new workers from coming in. Now, as a developer with a growing property

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

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