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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City. If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry.

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How to Conduct the Most Effective Columbus, Ohio Property Search

The Robert Weiler Company

Tip 4: Tap into Transportation. If you think you’ve found a great area that passes all of the aforementioned criteria, now it’s time to look into transportation. Hundreds of international companies call Columbus their home, including Battelle Memorial Institute, the world’s largest private research and development foundation.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Even with aggressive changes to state and local zoning and fewer obstacles for building developers, the highly regarded Urban Institute estimates that by 2044 the Puget Sound region will be 140K homes shy of real demand. About three-quarters of the 459 residences are under contract with a target opening late this year.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Urban planners have a name for it: the 15-minute neighborhood and it is already in development in parts of the country, including Seattle. Create options for multiple modes of transport – bikes, cars and transit should all be factored in. Where would you like to see this type of neighborhood development? Send me a message.

Buyers 36
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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

With each stall in a commercial garage costing tens of thousands of dollars to build, parking requirements can impose significant costs on property developers, owners and renters. Rather than allocating parking that goes unused, developers could propose sharing available space in nearby buildings. Tap on chart for a larger version.).

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Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

Fuel to fill our vehicle gas tanks and to transport goods weigh heavily on inflation; 18% of the Consumer Price Index is for transportation costs – the second largest component of the CPI after housing/shelter (42%). In his estimate: “Homebuilding’s going to contract.”. About 10,000 of the company’s approximate 1.3M

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SEATTLE POPULATION SPURT FUELS HOUSING DEMAND

Will Springer Realtor

Investment in affordable housing near inexpensive public transportation is a key mechanism to reduce the cost of living, and housing investments can help mitigate climate change when coordinated with transit options. could potentially generate thousands of homes in areas already served by public transportation. from 48.0%

Buyers 36