Category: Affordability

Month in Review, November, 2015: Part 2, Can’t live without them

5 January, 2016 (10:00) | Affordability, Air rights, Apartments, Dormitories, Hamden, Housing, Month in review, New York City, Pagedale, Real estate taxes, Stuyvesant Town, Taxation, Universities | No comments

[Continued from yesterday’s Part 1.] By: David A. Smith As November rolled along, my story of Quinnipiac University and its fractious relationship with its home town of Hamden reached the point where Hamden needed a Plan B, and it had not far at all to look, for adjacent to prickly Hamden was welcoming North Haven, […]

Month in Review, November, 2015: Part 1, Can’t live with them

4 January, 2016 (10:00) | Affordability, Apartments, Dormitories, Hamden, Housing, Month in review, New York City, Pagedale, Real estate taxes, Stuyvesant Town, Taxation, Universities | No comments

By: David A. Smith I am the main character, aren’t I? Although this blog is anchored in housing, my November posts were monopolized by issues of local government – because when all is said and done, quality sustainable urban affordable housing can exist only where there is functional local government. Without sustainability, one obtains the […]

Month in Review, October, 2015: Part 2, The impossibility of stopping

6 November, 2015 (10:00) | Affordability, Affordable Housing, Air rights, Apartments, Blackstone, Boston, Boston Redevelopment Authority, Chapter 121A, Charlestown, Eminent domain, Land use, Month in review, PILOTs, Poverty deconcentration, Public housing, Real estate taxes, Redevelopment, Tax abatement, US News |

[Continued from yesterday’s Part 1.] By: David A. Smith Yesterday’s Part 1, retrospectively reorganizing October’s posts, all of which in one way or another concerned Boston, dealt with the obstacles that make (re)development appear psychologically impossible: guaranteed intense public opposition (often born of ignorance, some of experience); an agency that maintains a monopoly on approvals; […]

Month in Review, October, 2015: Part 1, The impossibility of starting

5 November, 2015 (10:00) | Affordability, Affordable Housing, Air rights, Apartments, Blackstone, Boston, Boston Redevelopment Authority, Chapter 121A, Charlestown, Eminent domain, Land use, Month in review, PILOTs, Poverty deconcentration, Public housing, Real estate taxes, Redevelopment, Tax abatement, US News |

By: David A. Smith Nine years ago, I formulated the production paradox: Whatever a developer wants to do, the neighbors will oppose – and it has, I now realize that it has a curious further consequence that I describe (badly) as the Paradox of Development Friction: The Paradox of Development Possibility Until development starts, starting […]

Stuy, stuy again? Part 5, The different future

4 November, 2015 (10:00) | Affordability, Air rights, Apartments, Blackstone, Capital markets, de Blasio, Investments J-51, Negotiation, New York City, Recapitalization, Regulation, Rent stabilization, Rental, Stuyvesant Town, Tax abatement, US News, Workforce housing |

[Continued from yesterday’s Part 4 and the preceding Part 1, Part 2, and Part 3] By: David A. Smith Not only does the story of Stuyvesant appear heading for a happy ending – at least for those still standing, such as the current mayor and the buyer Blackstone, if not for those bruised and battered […]