Category: Affordability

Shadow housing: Part 3, Not a one-and-done

5 May, 2017 (09:00) | Affordability, Boston, Cities, Density, Development, Housing, Politics, Public Garden, Public housing, Rental, Zoning | No comments

    [Continued from yesterday’s Part 2 and the preceding Part 1.]   By: David A. Smith   “It appears that our minds will never meet on this subject.” “If someone asks you why you’re oppressing a world and you reply with a lot of poetic crap, no. I guess there can’t be a meeting of […]

Shadow housing: Part 2, 0.3% of the daylight exposure

26 April, 2017 (09:19) | Affordability, Boston, Cities, Density, Development, Housing, Politics, Public Garden, Public housing, Rental, Zoning | No comments

[Continued from yesterday’s Part 1.]   By: David A. Smith   “So they play that on their fascist banjos, eh?” “You choose the wrong adjective.” “You’ve already used up all the others.” – Roger Zelazny, Lord of Light   As we saw in Part 1, the Friends of the Public Garden have set their opposition […]

Shadow housing: Part 1, $35 million for public housing

24 April, 2017 (09:00) | Affordability, Boston, Cities, Density, Development, Housing, Politics, Public Garden, Public housing, Rental, Zoning | No comments

  By: David A. Smith   “You talk as if we desire perpetually this burden of godhood, as if we seek to maintain a dark age that we may know forever the wearisome condition of our enforced divinity!” “In a word,” said Sam, “yes.” – Roger Zelazny, Lord of Light   And here I thought […]

What is efficiency? said jesting Pilate: Part 3, The judgment

8 February, 2017 (08:00) | Affordability, Apartments, Condominiums, Development, Housing, Incentives, New York City, Real estate taxes, Section 421-a, Speculation, Subsidy, Tax abatement, US News |

  By: David A. Smith   [Continued from yesterday’s Part 2 and the preceding Part 1.]   As we’ve seen in Parts 1 and 2 of this surprisingly long post, seeking to reach a conclusion on the public-policy merits of New York’s section 421a tax abatement program, when applied to large condominium developments, Section 421a […]

What is efficiency? said jesting Pilate: Part 2, The analysis

7 February, 2017 (09:00) | Affordability, Apartments, Condominiums, Development, Housing, Incentives, New York City, Real estate taxes, Section 421-a, Speculation, Subsidy, Tax abatement, US News |

  By: David A. Smith   [Continued from yesterday’s Part 1.]   After all the paired comparisons and the careful quantitative analysis, is Section 421a for condominiums a good program for New York City?   We’re actually twins by different parents   Yesterday’s Part 1, scrutinizing paired-comparison of condo sales throughout New York City over […]