On last week’s earnings call, apartment landlord Equity Residential mentioned that the two US markets most impacted by a delayed return to office appear to be San Francisco and Seattle. They went on to say that San Francisco is the only market in which they… Read More
Monthly archives of “October 2021”
Schematic design phase complete for Parkview Mountain House
Some of you may be aware that Globizen is working on a new project in Park City, Utah right now called the Parkview Mountain House. It was first announced on the Globizen Journal back in the summer and then a later announcement was made appointing… Read More
Toronto green-lights new inclusionary zoning policy
Toronto’s new inclusionary zoning policy went to Planning and Housing Committee this week. Agenda item, here. The recommendations were approved, which means that the item will move onto City Council next month for final approval. Here’s a summary of some what is being proposed (though… Read More
OMA New York has just published its first book
OMA NY — the New York office of OMA — has just published its first monograph. It’s called OMA NY: Search Term. For those of you who may be unfamiliar, Office for Metropolitan Architecture (OMA) is an architecture firm that was founded by Rem Koolhaas… Read More
NFTs and real estate
I have started using my NFT collection as a rotating face on my Apple Watch. The one you see below is a Cool Bean, but I have many others in the gallery. Lately, I have been gravitating towards NFTs on the Solana blockchain because of… Read More
New Zealand just abolished single-family zoning (for the most part)
New Zealand has been in the news lately for sweeping housing legislation that effectively abolishes single-family zoning throughout most of Auckland, Hamilton, Tauranga, Wellington, and Christchurch. But before I get into how this will all work, here’s a bit of background from an article that… Read More
Paris announces plan for “100% cycling city”
Paris just announced plans to become a “100% cycling city.” A follow-up to plan vélo 2015-2020, which saw a doubling of the city’s bike lanes, plan vélo 2021-2026 includes 130 km of new bike lanes and 52 km of pandemic bike lanes that will now… Read More
79 container ships are waiting to berth in Los Angeles
Most of us have felt the effects of supply chain disruption during this pandemic. When we were building Mackay Laneway House this past winter, it was right when lumber prices were peaking. We had no choice but to just absorb the cost premiums and move… Read More
No-cost affordable housing in Toronto
It upsets me when I read things like this (click here if you can’t see the embedded tweet above). I think it creates a false sense of a free lunch and ignores all of the nuances and complexities associated with inclusionary zoning. IZ is an… Read More
Condo rents in Toronto are up 11.4% quarter-over-quarter
Urbanation released its Q3-2021 rental report for the Greater Toronto Area at the beginning of this week. The vacancy rate in purpose-built rental buildings fell to 3.0%. This is down from 5.1% in Q2-2021 and 6.4% in Q1-2021. For the former City of Toronto (the… Read More