Earlier this month, the Metropolitan Transportation Authority (MTA) and the Partnership for New York City launched a new vertical accelerator dedicated to public transit. The mission is to make the city a global leader in this space. Applications are open until November 30, 2018 and… Read More
Monthly archives of “October 2018”
The five rules of wealth creation
Jamaican-Canadian billionaire, Michael Lee-Chin, was in ROB Magazine last week talking about how he grew up, how he got into the investment industry, and how he thinks about wealth creation. I met Michael once back in 2009 thanks to an introduction by my father. And… Read More
A moral compass for autonomous vehicles
One of the challenges that self-driving vehicles present is not about technology per se, it is about ethics. The typical example scenario is this one: If a pedestrian were to step out in front of an autonomous vehicle illegally, should the car be programmed to… Read More
China has a lot of people
Matt Daniels over at The Pudding recently visualized the world’s population in this spiky 3D map. You need to take a look. Better on desktop. The data is from 2015, but you can also compare it to and show the change from 1990. Here is… Read More
Project Profile: Coal Drops Yard
A new retail district called, Coal Drops Yard, opened this week in King’s Cross, London. The architecture is by Heatherwick Studio and the project is absolutely stunning. I love the idea of taking the roofs of the existing buildings and delaminating them to create the… Read More
Plus atelier
This morning I went through some of the floor plans for King Toronto, which are now up on BuzzBuzzHome. In case you’re wondering, they are currently showing an average price of $1604 per square foot. Here is a 1 bedroom + atelier: And here is… Read More
Buy land, Chip. Buy land.
Bloomberg Businessweek just published a longish article about Vancouver and the Chinese capital that fuels it. It’s called, The City That Had Too Much Money. Most of you are already familiar with this narrative, but here’s an excerpt that talks about the city’s economic base… Read More
The tallest residential building in the world
Earlier this month, Extell Development Company announced the launch of sales for its Central Park Tower – which it is calling “the definitive New York skyscraper”, as well as the tallest residential building in the world. The project is located on Billionaire’s Row in NYC… Read More
Policies for the leisure state
Andrew Kortina and Namrata Patel recently published an intriguing essay called, Kinky Labor Supply and the Attention Tax. They begin by talking about declining labor force participation rates, particularly among young men. Remember that the participation rate is distinct from the unemployment rate. Here is a… Read More
Lyft announces subscription plan
Last week, Lyft announced a new subscription plan. It costs $299 every 30 days and you get 30 rides included (up to $15 each). So it represents a possible 1/3 discount on rides. If you go over the 30 rides per month or over $15… Read More