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U.S. home prices surged 19.7% in July, once again posting the biggest jump in more than 30 years. The record gain in the S&P CoreLogic Case-Shiller index of property values nationwide followed a 18.7% jump in June and was the 14th straight month of accelerating price increases. — Bloomberg
A measure of prices in 20 cities posted a 19.9% gain in July, up from 19.1% the previous month. Phoenix, San Diego, and Seattle reported the highest year-over-year gains, with 32.4%, 27.8%, and 25.5% increases, respectively. “The last several months have been extraordinary not only in the... View full entry
New York’s Metropolitan Transportation Authority, the largest U.S. mass-transit provider, is running on borrowed time, facing budget and revenue challenges as federal aid is set to tap out in 2025, State Comptroller Thomas DiNapoli, said in a report Tuesday. — Bloomberg
The announcement comes on the heels of a rough summer for the MTA, which is only now seeing its ridership climb past 50% of pre-pandemic levels as it weighs a controversial congestion pricing plan that would add $1 billion in revenue a year beginning in 2023. Interim boss Sarah Feinberg... View full entry
On one small, white rectangle is the name of a 29-year-old engineer, on another the name of a World War II veteran, and on a third, that of a 15-year-old -- just three of more than 600,000 flags on the National Mall reflecting the devastating impact COVID-19 has had on American lives and the country. — ABC
The installation, "In America: Remember," was originally conceived by American artist Suzanne Brennan Firstenberg at the beginning of the second wave of the pandemic in October last year. "Taken holistically, this is a physical manifestation of empathy," the artist said at today’s... View full entry
New York City has surpassed San Francisco as the most expensive apartment rental market in the country. According to August rental data from Zumper, an apartment listing company, San Francisco has fallen behind New York in median one-bedroom rent, with New York at $2,810 and San Francisco at... View full entry
The American Institute of Architects (AIA) has released the latest edition of their biannual Compensation Report, offering an insight into the impact of the COVID-19 pandemic on architectural salaries. The report found that despite a steep economic recession during the first half of 2020, salaries... View full entry
A lot has changed since Archinect released the findings of its initial Return-to-Office survey in March this year. Responses gathered from the architecture community during the first weeks of 2021 displayed an overwhelming commitment by employers to offer an option to work remotely and/or to... View full entry
The total number of registered architects in the United States has continued to grow over the past year, despite the pressures of COVID-19 disruption on both the professional industry and licensing pathways. New data from the National Council of Architectural Registrations Board (NCARB) has found... View full entry
In a new national study conducted by the Society for College and University Planning (SCUP) and Buro Happold’s higher education consulting group, brightspot, a series of notable findings reveal the major impact the Covid-19 pandemic has had on how universities and colleges are planning... View full entry
The eviction system, which saw a dramatic drop in cases before a federal moratorium expired over the weekend, rumbled back into action Monday, with activists girding for the first of what could be millions of tenants to be tossed onto the streets as the delta variant of the coronavirus surges. — ABC
The White House is now pushing for states and cities to use some of the billions in coronavirus funds still being held up. Representative Cori Bush of Missouri has been sleeping on the Capitol steps since Friday to raise awareness. Renters in states like New Jersey and Massachusetts have more time... View full entry
More than offering a bold visual, the art will connect people who have grieved the deaths of loved ones in isolation, perhaps without an in-person funeral, Firstenberg said. It’s visualizing the vastness of loss. And it’s allowing people to participate — digitally or in person — whether or not they know someone who died of COVID-19. — Associated Press
A new installation will bring the cost of the Covid pandemic to one of Washington, D.C.’s most sacred public spaces this September in a heartbreaking display of 610,000 individual small white flags placed in the National Mall by local artist Suzanne Brennan Firstenberg. The flags are part of a... View full entry
The Times is reporting that Thomas Heatherwick has met with members of the British government as recently as March in what could be discussions surrounding a future memorial to COVID-19 victims in the UK. Heatherwick has done a number of high-profile commissions in London, the city of his birth... View full entry
Residential construction in the United States is accelerating, despite the high costs of materials caused by the COVID-19 pandemic, according to new data released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). Within their report, which focuses on new... View full entry
At the Associated Builders and Contractors’ (ABC) Q2 Construction Economic Update and Forecast webinar, ABC chief economist Anirban Basu affirmed that the construction industry is on the path to normalcy. Enthusiastically, he claimed that high raw material prices will eventually go down, going... View full entry
The Tate Modern will turn into a mass walk-in Covid-19 vaccination centre this Friday night, offering first and second Pfizer jabs to anyone over 18.
The iconic venue will be hosting the pop-up vaccine site in its Turbine Hall, offering Londoners exclusive access to galleries for the night and a unique setting to get protected against Covid.
— City A.M.
Vaccination rates in London have fallen recently. All four Tate galleries have been fully reopened since May following a 14-month partial closure that reduced overall visitorship by 80%. Prime Minister Boris Johnson has announced the reopening of the country on July 19th despite pushback from some... View full entry
Ten days after Gov. Andrew Cuomo revealed plans to build a new monument in Lower Manhattan honoring New York's essential workers who served on the frontline of the COVID-19 pandemic, the state is now working out a new plan after protesters detoured construction in Battery Park City. — NBC New York
The state had already broken ground on the project late in June before backing out this week thanks to an incredible amount of public backlash against it. The governor’s plan for the monument was so fast-moving that it had initially been slated to open on Labor Day before this week’s... View full entry