Category: Workforce housing

Pre-municipal cities, four typologies: Part 2, The medieval castle

22 June, 2016 (09:00) | Abbeys, castles, Cities, Employer-assisted, History, Housing, New Lanark, Roman Empire, Scotland, Speculation, Theory, Trimontium, Workforce housing | No comments

 [Continued from Monday’s Part 1]   By: David A. Smith   [Apologia to readers: having spent five of the last seven weeks out of town, I exhausted my inventory of blog posts and am slowly rebuilding it as I unbury my desk.  Reliable daily service will resume shortly.  Thanks for your patience!  – Ed.]   […]

Pre-municipal cities, four typologies: Part 1, The Roman fort

20 June, 2016 (08:53) | Abbeys, castles, Cities, Employer-assisted, History, Housing, New Lanark, Roman Empire, Scotland, Speculation, Theory, Trimontium, Workforce housing | 1 comment

 By: David A. Smith   Spend two and a half weeks in Scotland looking at centuries-old ruins, and a person obsessed with housing and urbanization inevitably organizes what into a Grand Theory of Pre-Municipal Cities that encompasses four typologies.   Compared with rural living (the farmstead), a village, a suburb, or even a town, a […]

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 […]

Stuy, stuy again? Part 4, The different prospects

3 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 3 and the preceding Part 1 and Part 2.] By: David A. Smith As we saw in the three preceding parts of this sage, Blackstone’s purchase of Stuyvesant Town from the post-foreclosure bondholders, and its simultaneous affordability restructuring agreement, was the logical (perhaps in hindsight inevitable) outcome of the property’s history […]

Stuy, stuy again? Part 3, The different players

2 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 2 and the preceding Part 1.] By: David A. Smith When MetLife (an insurance company that thought it was doing good in 1947 and paid the price for nearly six decades thereafter) sold Stuyvesant Town to Tishman-Speyer in 2006, the seller was ecstatic and the buyer was motivated – but then […]