Today it was announced that venture firm a16z has made a $350 million investment in Adam Neumann’s new residential rental company called Flow (which is kind of ironic). The company is set to launch in 2023 and nobody on the outside seems to be entirely… Read More
So it was announced today that Adam Neumann — the cofounder and former CEO of WeWork — has been quietly buying apartment buildings across the United States. According to the Wall Street Journal, he is involved in entities that have acquired more than 4,000 apartment… Read More
According to the WSJ, New York City is budgeting to collect $30.8 billion in property taxes for fiscal year 2021. These tax bills will go out on June 1 and payments will start becoming due on July 1, which is the start of the city’s… Read More
Every quarter, Apartment List publishes something that they call their Rental Migration Report. What they do is use search data from their website to determine where their (registered) users are hoping to move to and from. Their first report of 2020 is now out and… Read More
Feargus O’Sullivan is doing a series in CityLab right now on the “home designs” that define four European cities: London, Berlin, Amsterdam, and Paris. The first one is on London’s classic “two-up, two-down” design, which refers to a two storey home with a living room… Read More
Toronto’s Chief Planner, Gregg Lintern, posted this on Twitter a few days (if you can’t see it below, click here): A couple things came to mind when I saw this. First, it’s a reminder that census data is painfully slow. Five years is a long… Read More
Berlin just approved a five year “rent freeze” on apartments in the German capital. The rent caps will be implemented on January 1, 2020, but will apply retroactively to all rental agreements from June 18, 2019 onward (which is when the decision was made). It… Read More
Below is an interesting Kickstarter project by photographer and art director Cody Ellingham. I think many of you will appreciate it. It is a photobook of Japanese public housing apartments, which are known as Danchi. All of the photos were taken by Cory at night, hence… Read More
A friend of mine sent me this article earlier today with a sarcastic comment about the relationship between housing supply and rents. The article talks about how rents in almost every Manhattan neighborhood have fallen compared to a year ago because of a flood of… Read More
There’s a lot of interest right now in micro apartments. Here is a recent example from New York City. Generally speaking the model is driven by a need to increase housing affordability: shrink the apartments; lower the prices. To compensate for these smaller units, the… Read More
BRANDON DONNELLY 