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WeWork co-founder Adam Neumann is once again making waves with the announcement of a new startup called Flow that’s being funded by early Airbnb investors Andreessen Horowitz and is promoting itself as a real estate startup that aims to revolutionize the residential housing industry. The... View full entry
A team of investors has joined forces to bring luxury, energy-efficient container homes to the South Side — and neighbors could move in as soon as this winter. Vincennes Village, a collection of 12 40-foot-long modern, eco-friendly container homes, will be built at 7231 S. Vincennes Ave. — Block Club Chicago
The Vincennes Village initiative, led by project manager Darryl Burton and developer Anthony Casboni, is reportedly the first to bring single-family container homes to Chicago. Rendering: Vincennes Village The structures will be built from 8-foot-long train shipping containers... View full entry
Through the doldrums of America’s pandemic-triggered office downturn, the nation’s capital is quickly turning into a case study for the conversion of former commercial spaces into residential housing and mixed-use development. The Washingtonian magazine recently did a survey of different... View full entry
San Francisco-based transdisciplinary studio Spiegel Aihara Workshop (SAW) shared new images of an extensive home renovation project of a 1930s Spanish Revival home in the Bay Area's Marina neighborhood. Aptly named the "Wraparound House," the project was commissioned by a couple looking for... View full entry
New York City Mayor Eric Adams has announced a new adaptive reuse task force that will explore the vast untapped potential for rehabilitation present in the city’s considerable stock of outdated office buildings. Born out of the new Local Law 43, the task force is charged with producing... View full entry
A Boston development that’s billed as New England’s first LGBTQ-friendly senior affordable housing project broke ground Friday. The Pryde will convert the former William Barton Rogers Middle School in Boston’s Hyde Park neighborhood into 74 units of mixed-income housing for seniors. — NBC Boston
The project is being led by developer Pennrose and local nonprofit LGBTQ Senior Housing, Inc. Boston-based architecture firm DiMella Shaffer carried out the facility’s design. The development will maintain the original 1899 building, which has been vacant since 2015, and its two additions... View full entry
A transformed brownfield site in Ghent’s historic central core has been revealed, showcasing BOGDAN & VAN BROECK’s vision for a “world in itself” set amongst industrial ruins and characterized by what it calls “lockdown-compatible” living. The factory building had sat unoccupied since... View full entry
Roughly 2.4 million New York City tenants will face the biggest rent hikes they’ve seen in nearly a decade after the Rent Guidelines Board approved the increases in a split vote Tuesday night at Cooper Union. — Gothamist
The mayor-appointed nine-person panel, which determines rent adjustments for the approximately one million rent-stabilized apartments in New York City, voted five to four to increase rents by 3.25% for one-year leases and 5% for two-year leases. The rates fall in the middle of ranges approved... View full entry
City leaders and lawmakers say thousands of public housing residents in New York City who have been forced to live with leaks, mold, broken elevators, and busted boilers may finally see better living conditions in what could amount to a fundamental shift in how public housing is funded in the city. — Gothamist
Last Thursday, the state Legislature passed a bill that would allow the New York City Housing Authority (NYCHA) to establish a public-benefit corporation that could raise billions for much-needed renovations across 25,000 apartments. Called the Public Housing Preservation Trust, the entity would... View full entry
Developers and city officials recently joined to celebrate the start of construction on a dual-building affordable housing complex in Brownsville, Brooklyn. The development site is located on Newport Street between Thatford and Rockaway Avenues and will debut as Bridge Rockaway. — New York Yimby
Total construction costs for the complex are estimated at $118 million. The development team includes contracting firm Mega Development, non-profit industrial developer Greenpoint Manufacturing and Design Center, and The Bridge, a non-profit organization that provides rehabilitative services... View full entry
A new Silicon Valley startup is taking the charge put forth by the recent expansion of ADUs and other non-traditional forms of accommodation in the uphill battle to provide affordable housing to the millions of Californians struggling to find a way forward. Business Insider recently took a closeup... View full entry
The total number of short-term rentals of entire homes in the city’s five boroughs -- those listed on Airbnb Inc. and Expedia Group Inc.’s Vrbo -- is more than 13,000, according to third-party data tracker AirDNA. Meanwhile, rental inventory in Manhattan, Brooklyn and a portion of Queens hovers just over 7,500.
The vacancy rate in Manhattan sat at just over 1.5% last month, the second-lowest level on record, according to appraiser Miller Samuel Inc.
— Bloomberg
Adding to the all-too-familiar notion that short-term rentals have the ability to destroy the livability of a place in its entirety, new data from Douglas Elliman and AirDNA making the rounds today indicate a record-setting shift in the dynamics of urban life as the number of hosted retreats in... View full entry
A central part of the Fuggerei social housing complex’s 500th anniversary festival of events that began over the weekend, MVRDV’s newly-opened NEXT500 Pavilion examines the future of the all-important typology through the inclusion of proposed designs which would install inspired versions... View full entry
Part of the W Awards program, the annual MJ Long Prize for Excellence in Practice recognizes UK-based architects excelling in practice. Last year's prize was awarded to Alice Brownfield of Peter Barber Architects. Now in its third iteration, this year's award recipient is Fiona... View full entry
In an effort to confront the city’s ongoing homeless crisis, Mayor Eric Adams stood alongside elected officials and union members to support a plan that would clear the streets and subways, and put a near-record number of unhoused New Yorkers into underutilized hotels. — Gothamist
Adams is supporting state bill S.4937/A.6262, which would make it easier for the city to convert underutilized hotels into affordable housing. According to city officials, this work would come at two-thirds the cost of new construction and could create 25,000 beds. Mayor Adams has been... View full entry
