Political

Footing the Bill for Affordable Housing

house frame

As a general rule, real estate development, whether residential or commercial, takes place in response to demand. Sure, we all know that isn’t always the case–in the Philadelphia/South Jersey areas, we’ve seen a few hotels and casinos built with considerable financing and…

Affordability in New York City

Bill_de_Blasio_11-2-2013

Development pipelines and market demand aren’t always in agreement with one another. For one reason or another, a developer may choose to push for a project that isn’t the most useful option for a market or submarket’s growth. I talked…

Lessons from the Private Sector

sell orlando mall

Retail mega-REIT Simon Property Group (NYSE: SPG) owns or has a stake in 264 million square feet of real estate worldwide. By contrast, the General Services Administration–the government agency responsible for federal property and logistics–manages 354 million rentable square feet.…

Thanks, But No Thanks

Thanks in part to Hollywood, developers have a reputation as the “bad guys”–the greedy corporate bulldozers whose plans always run counter to the will of the community and woodland sprites. This certainly isn’t the case in many locales. Here in…