Category: Partnership

The development of trust: Part 2, How to disagree

19 June, 2014 (08:49) | Cities, Development, Economics, Housing, New Haven, Partnership, Real estate taxes, Theory, Trusts, Yale, Zoning | 1 comment

[Continued from yesterday's Part 1.] By:David A. Smith  As we saw yesterday, development (of real estate) takes trust, and trust (of another person) takes time to develop, and the swansong duet of retiring New Haven mayor John DeStefano (now a Yale professor) and retiring Yale president Richard C. Levin, reported last summer in the New […]

The development of trust: Part 1, How to agree

18 June, 2014 (08:14) | Cities, Development, Economics, Housing, Mayors, New Haven, Partnership, Real estate taxes, Theory, Trusts, Yale, Zoning |

By: David A. Smith Next to parenting (a commitment for eternity and beyond) and marriage (intended to last ‘til death do us part), real estate development takes the most trust in the future. Investing money into the built environment is an irreversible commitment – liquid flexible capital gets nitrogen-fixed into a location and can never be […]

Stakeholder incentives: the five Chinese brothers

29 February, 2008 (11:31) | Essential posts, Partnership |

When I was a very little boy, my grandmother’s house, an unbelievably long ­are-we-there-yet? place six hours’ drive down the Merritt Parkway, the Wilbur Cross, and the Garden State Parkway, was a magical place.    Bridges inspired by Robert Moses to keep out trucks   It had stucco walls, a screened-in back porch, and railroad tracks […]