Almost two-thirds of homes in the Tower, a 50-storey apartment complex in London, are in foreign ownership, with a quarter held through secretive offshore companies based in tax havens, a Guardian investigation has revealed.
The first residents of the landmark development arrived in October 2013, but many of the homes are barely occupied, with some residents saying they only use them for a fraction of the year. — The Guardian
In just a few weeks, the residents of New York’s first micro-apartment building can move in to their new homes. And when they say micro, they mean it [...].
Spending extended amounts of time in a crowded space can be stressful; if the unit holds multiple people, the occupants – especially kids – can suffer as a result of the lack of privacy. And creative space-saving layouts, she explained, can become a source of mental fatigue. — nymag.com
In addition to housing for low- and moderate-income households, the mixed-use and mixed-income development will include a supermarket with healthy food options, a charter school, a medical facility, cultural and community spaces, a social services facility, and a rehabilitated playground that is currently closed. [...]
The 24-story building is expected to be the largest residential Passive House built in New York City and use 70% less energy than conventional buildings. — housingfinance.com
Back in 2004, Elio Ciampanella was evicted from his apartment of three decades...So he applied for an apartment in Rome’s public housing. And he waited. More than a decade passed.
Then, in February, [Ciampanella] unexpectedly had his choice of several apartments. His tale might be considered one of patience rewarded, but there was a twist: It turned out Rome’s municipal government never really had a shortage of properties. — the New York Times
In an order that sends a strong message against corruption, the Bombay High Court on Friday ordered the Union Environment Ministry to demolish 31-storey Adarsh Co-operative Housing Society. [...]
The society, originally meant to be a six-storey structure to house Kargil war heroes and war widows, was converted into a 100-metre-tall building with politicians, bureaucrats and army officers allegedly conspiring to get flats allotted to them in the cooperative society at below-market rates. — The Times of India
Click here to learn more about the Adarsh Housing Society scam and corruption scandal.Related stories in the Archinect news:Top 13 floors of India's tallest skyscraper were built illegally, High Court saysIndia on the brink: what's in store for the country's architectural futureWorld's first Slum...
[Berkowitz is now] offering custom pods for sale on Craigslist for people who want to make money with AirBnB or have their own subletters. [...]
The Department of Building Inspection reached out ... confirming that the pods are illegal and a violation of housing, building, and fire safety codes. [...]
"He would have to completely open it up or look at something different, such as a bed with a frame, with curtains, something that was open to the room." [...]
"there are fire safety realities." — Hoodline
You may remember Peter Berkowitz's name from the not-an-April-Fools-Day post we made a couple weeks ago, reporting on the box freelance illustrator Berkowitz had constructed to live in his friends' apartment, at $400 a month. After the news took off, he had begun testing the waters in the rest of...
bastardized visual language has become the de facto standard of Dallas residential architecture development. The explanation for its ever-increasing prevalence, however depressing, is fairly straightforward. Developers find something that’s profitable and want to reproduce it. Risk-averse banks are happy to lend them money given their track record, at least in the short term. Architects, stuck with low budgets, tight schedules, and conservative developers, serve to please and follow convention. — artsblog.dallasnews.com
In new guidance, released Monday, HUD tells landlords and home sellers that turning down tenants or buyers based on their criminal records may violate the Fair Housing Act.
People with criminal records aren't a protected class under the Fair Housing Act... but blanket policies of refusing to rent to anybody with a criminal record are de facto discrimination, the department says — because of the systemic disparities of the American criminal justice system. — NPR
With the median rent for a one-bedroom apartment at $3,670 a month, the city’s housing crisis has pushed frugal renters to the edge of their comfort limits.
From tents to trucks, the next logical step in San Francisco has taken shape — in the form of a literal box. [...]
“I really don’t feel like I’ve taken a hit in terms of my quality of life,” said Berkowitz, 25. “I don’t really notice I live in the pod anymore.” — washingtonpost.com
A first-in-the-nation complex to be built in Hollywood would house about 200 LGBT seniors and young adults on the same campus.
Lorrie Jean, CEO of the the Los Angeles LGBT Center, which is building the $100 million complex, calls the two generation groups "the two most vulnerable parts of our community." — scpr.org
Buy-to-let landlords should face new limits on the amount they can borrow, the Bank of England has proposed.
It suggested that lenders should be much stricter when deciding whether or not to grant landlords a mortgage.
Instead of just taking their rental income into account, the Bank wants lenders to look at their wider financial situation as well.
If adopted, the new rules could reduce lending to landlords by up to 20% over the next three years. — BBC
According to the Prudential Regulation Authority (PRA), the newly-proposed standards should "curtail inappropriate lending, and the potential for excessive credit losses."The new strictures would take into account the costs a landlord accrues in order to rent a property, tax liabilities associated...
Rapidly rising property prices and rents, combined with the loss of social housing through right to buy, have put councils under growing pressure to find new ways to help people off their housing lists.
In Lewisham one solution is a £4.3m scheme to provide 24 homes and 880 sq m of business space that can be picked up and moved at a later date, allowing the council to make use of vacant brownfield land while longer-term projects are finalised. — theguardian.com
This got us thinking about what it takes to build an ideal town: should pubs be on every residential corner or on the high street? How many trendy coffee shops are too many? Are libraries still a thing? We didn't have the answers to any of those questions, so we spoke to Matt Richards – a planner at property consultancy Bidwells – to find out what makes the perfect town. — VICE
Since I think there are a lot of folks out there who genuinely haven't made up their minds about the initiative, or aren’t familiar with it yet, I'd like to summarize some of the most important reasons to oppose it when it comes time to vote this November. - — Better Institutions
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