With bike riding and commuting soaring in NYC, the question of where to store bikes - at home, is becoming more important. Bike storage is now a hot amenity in many Brooklyn and Manhattan apartments - so much that monthly fees may apply.
Last year "the city passed a law last year requiring new residential buildings with more than 10 units to have one bike space per two apartments", but that still leaves unmet demand by many prospective tenants, to say nothing of the existing shortfall which is being met in some cases by retrofitting storage spaces.
"Suddenly, bike storage has become a make-or-break amenity for apartment buyers and renters alike. Scores of buildings across bike-friendly Brooklyn and even congested Manhattan are responding to the burgeoning demand, adding more parking space for two-wheelers.
To keep some control over the newly popular perk, some developers have even begun charging fees as high as $10 per bike a month." However, the fees can also deter residents from filling scarce capacity with unused or extra bicycles.
FULL STORY: The latest must-have: bike space City's crush of cyclists turns parking into hot apartment amenity.
Jersey City Building More Apartment Than Manhattan
And other perhaps surprising data from the multi-family housing development industry.
New and Older Apartments Cater to Bike Riders—In a Big Way
Bike rooms for office buildings are hardly new. Now they are making their way into the New York City residential real estate market, big time. These rooms may come with bike repair equipment, and in some cases, the apartments may come with new bikes.
Let's Stop Overlooking Bike Parking
Bike advocates focus, with good reason, on bike lanes and safe routes. But secure bike parking and storage plays an essential role in encouraging more people to get on two wheels.
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
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