(Wall Street Journal) — Despite New York City’s real-estate and population boom over the past decade, higher-education institutions added only about 2.5 million square feet of space in the city since 2000. Now colleges and universities are playing catch-up, according to a recent report by commercial real-estate firm Cassidy Turley. Currently, higher-education institutions control 112 […]
(New York Times) — After the Norcor Management Corporation bought the Sunnyside Jewish Center in Queens in 2006, it demolished the synagogue in expectation of building residential housing on the site. But like so many projects, the plans were dashed in the wake of the real estate crash, and the parcel has sat vacant for […]
(Washington Examiner) — More than two-thirds of Washington’s Capitol Riverfront neighborhood near Nationals Park has yet to be developed two years after the park opened, as officials say the recession put a stranglehold on development. But those officials said Tuesday that better days are ahead. “Our existing development only comprises 30 percent of our ultimate […]
(Columbia Spectator) — As local tourism and citywide interest in Harlem expands, some longtime residents and business owners fear that the increased attention on the neighborhood could break up current ties in the area. A 125th Street rezoning plan, approved in 2008, was designed to promote mixed-use development on Harlem’s main thoroughfare, and the Department […]
(Washington Post) — Jair Lynch has developed just about every type of building that makes up D.C. neighborhoods, including condos, apartments, retail, schools, libraries, recreation centers and health clinics.Now he is ready to head somewhere new: Arlington. Lynch is a man of the District. He grew up in the Shepherd Park neighborhood in Northwest Washington […]
(Crain’s) — The preservation movement has reached a watershed moment as groups seek approval for the Borough Hall Skyscraper Historic District, abutting the Brooklyn Heights Historic District, which became New York’s first such neighborhood in 1965. Some say that the proposal of the downtown area as a historic district indicates how much preservation advocates have […]
(Chicago Tribune) — At first blush, there aren’t many similarities between Chicago’s historic Pullman neighborhood and Grove Parc Plaza, a federally subsidized housing project six miles north in the Woodlawn neighborhood. One was built more than 120 years ago to house factory workers; the other more than 40 years ago to assist low-income families. Both are now test […]
(Afro) — On Nov. 10, Washington, D.C. Chairman-elect Kwame R. Brown, Mayor Adrian M. Fenty, Mayor-elect Vincent C. Gray and leaders from the Washington Convention and Sports Authority (WCSA) gathered to inaugurate ground in the District’s historic Shaw neighborhood in preparation for the 2014 opening of the Marriott Marquis Convention Center Hotel, located at Ninth […]
(Wall Street Journal) — Is Greenwich Village big enough for both a rapidly expanding New York University and the tens of thousands of non-students who call the iconic neighborhood home? In a provocative feature story released Monday, New York magazine looks at the entrenched battle lines over the university’s ambitions to add some six million […]
(New York Times) — STANDING on the roof of the Edge, a luxury waterfront condominium project under construction in Williamsburg, Brooklyn, you can’t help but be taken in by the grand sweep of the Manhattan skyline. But what Jeffrey E. Levine, the developer whose company is building the Edge, sees when he looks to the […]
(Washington Post) — When Somera Capital Management announced the redevelopment of Laurel Mall in 2007, the Santa Barbara, Calif.-based firm was confident the project would be wrapped up by this year. Then the recession hit. Financing dried up. And the chances of turning the ailing, enclosed mall into a thriving mixed-use town center became slim. […]
Baltimore's making it easier for developers like Lloyd Williams to invest in the city.