This recent article by Bloomberg CityLab, about “how California set off a backyard apartment boom,” has some interesting stats about the extent in which accessory dwelling units (ADUs) are quickly being adopted and delivered across the state. For one, a majority (87%) of jurisdictions have… Read More
Here are a few interesting stats from a brief report that New York City published this month about their supply of new housing units: From January 1, 2010 to June 30, 2020, New York City delivered 205,994 net new housing units across the five boroughs.… Read More
The Globe and Mail published this headline today: “Developers building more small condos, despite people clamoring for more space.” It’s behind a paywall and so some of you may not have read it. But the data looks something like this. Of all the new condo… Read More
Toronto will soon be home to One Delisle — the first residential building in Canada designed by visionary architect, Jeanne Gang of Studio Gang. Jeanne Gang is known for challenging the stylistic and technical parameters of architecture. Named one of the most influential people in… Read More
Our first shoring rig was delivered and setup today at Junction House. A second one is on the way shortly. It will take a couple of months to complete all of our caisson piles. If you’d like to learn about how shoring is constructed, check… Read More
This week Bloomberg reported that Dubai is facing a “housing disaster” as a result of overbuilding. There’s simply too much supply coming onto the market. About 30,000 units are expected to be completed this year, which the industry believes is about 2x actual demand. As… Read More
Today I’m excited to announce that the Junction House Sales Gallery has just received a Best of Canada Award (2019) from Canadian Interiors. Link, here. Shout-out to Dialogue 38, Vanderbrand, Unique Urban Homes, Superkul, and the rest of the team for making it happen. We… 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
This morning I was reading about Aman’s new condo and hotel project in New York, which is planned for the 100-year-old Crown Building at 730 Fifth Avenue. It will have 83 hotel rooms and just 22 homes, and be the first urban condominium for the… Read More
Shane Dingman’s recent Globe and Mail article about “the investment case for mid-rise condos” is a good summary of why this housing type has become so popular in Toronto. Mid-rise buildings tend to attract more end-users because of their boutique scale. That is, they attract… Read More
