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“#Solving the US housing shortage” A new generation of startups wants to disrupt the way houses are built by automating production with industrial 3D printers. 3D printing, also known as additive manufacturing, uses machines to deposit thin layers of plastic, metal, concrete and other materials atop one another, eventually producing three-dimensional objects from the bottom…
“#NY’s ‘Good Cause Eviction’ spells bad news for housing market” Not content with jacking up taxes massively and dangerously mushrooming the state budget, legislators are now looking to inflict yet more pain, by sneaking through a “universal rent control” bill that would clobber the housing market. This, even though rents in New York City have…
“#Sensible court rulings enable NYC recovery” Common sense has broken out as loony anti-development “logic” lost in a key pair of court cases. Brooklyn Supreme Court Justice Katherine Levine ruled that the city can move ahead with rezoning of an area near the Gowanus Canal after the Department of City Planning agreed to hold public…
“#Millennials can now afford homeownership, causing a shortage” So close, and yet so far. As various factors finally make homeownership attainable for frequently maligned millennials, a new hurdle has appeared: Not enough houses to go around. According to recent findings by investment bank Jefferies, younger millennials between ages 25 and 29 are increasingly buying their…
“#NYC suspends housing inspector after racist trope mailed to Asian man” City officials suspended a housing inspector Friday for allegedly using a racist trope to identify an Asian New Yorker in a government database — an insult the Upper East Side man discovered when he received a letter in the mail with the slur in…
“#NYCHA work orders soar amid COVID-19 and new tracking system” Robert Malone fills out four repair tickets every month for his studio apartment at NYCHA’s Brownstones — buckling walls, a rotted window frame, cracks in the ceiling, a crumbling subfloor in the kitchen. His requests go into a pile of open work orders that swelled…
“#Albany lawmakers pass bills aimed at cleaning up housing bias” ALBANY — State Senate Democrats passed a package of bills Monday designed to clean up discriminatory and predatory practices in the housing market. The 11 bills includes a measure that would require the state attorney general’s office to conduct a yearly investigation into how minorities…
“#How Cuomo would undermine his own smart offices-to-housing plan” No one can say for sure, but as few as 12 percent of Manhattan office workers are physically at their desks. There are cities with somewhat higher rates of office return, but the work-from-home wave is buffeting the value of commercial real estate across the nation….
“#Housing may again be behind the 2008-ball” We seem to be living in an era of the unexpected disaster: A virus that suddenly shuts down the US economy and ends life as we know it. A banking system that is at one minute solvent, and the next on the brink of collapse. Of course, such…
“#Slamming landlords leaves NYC’s housing on brink of disaster” New York’s politicians have rushed to safeguard tenants during the pandemic and lockdowns, with multiple protections against eviction and guarantees that you don’t have to pay rent — without facing the fact that cutting off landlords’ income is courting other kinds of disaster. State lawmakers just…