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Earlier this month, The Real Deal put out a monster analysis looking at the biggest property owners across the city based on square footage, along with their annual net operating income.
Their thorough analysis is definitely worth a read, but right here we’re going to give you a breakdown of the top 10 biggest property owners in the city, and some of the projects you might recognize them for.
— ny.curbed.com
Curbed New York has put together a list of the top real estate players in NYC along with some of their notable projects in the city. Below are the top 10 property owners controlling NYC's built environment: 1. The City of New York 2. Vornado Realty Trust 3. SL Green Realty 4. Tishman Speyer... View full entry
The Architectural Association made a loss in excess of £800,000 last year, its annual report has revealed. The cash-strapped school – which made nine redundancies this winter – posted net expenditure of £819,732 for the year ending 31 July 2017, according to accounts due to be filed at Companies House. This compared with a net income of £244,551 in the previous year. — architectsjournal.co.uk
The AA's annual report stated the "Expenditure increased in the year due to one-off costs in governance reform as part of preparation for the TDAP application, together with increased costs of compliance monitoring and property rentals at Bedford Square." The report also states an income issue... View full entry
It’s time to retire the term gentrification altogether. Fourteen years ago, Maureen Kennedy and Paul Leonard of the Brookings Institution wrote that gentrification “is a politically loaded concept that generally has not been useful in resolving growth and community change debates because its meaning is unclear.” That’s even truer today. Some U.S. cities do have serious affordability problems, but they’re not the problems critics of gentrification think they are. — slate.com
What's your take on John Buntin's Slate piece? View full entry
One problem with our obsession with gentrification as the end-all of urban equity issues is that it discourages us from talking about other important things happening in our cities. In some instances, gentrification has become such a dominating narrative that it has completely erased broader trends that we really ought to be concerned about.
Case in point: Brooklyn is getting poorer.
— danielkayhertz.com
