The possibility of many more urban dwellers driving than ever before, even in transit-rich locations like New York City, is still very real.
"A Manhattan garage operator is betting that city dwellers in the Covid age are driving more, and would pay a premium for a personal place to put their cars," reports Oshrat Carmiel.
"Centerpark converted an Upper East Side garage into a condominium -- but instead of apartments, it’s selling 23 parking spaces, and hired a luxury real estate broker to market them for sale to the public for as much as $350,000 each."
Kirsten Jordan, the Douglas Elliman Real Estate broker who’s marketing the units, is quoted in the article saying the new, Covid-era twist on adaptive reuse is designed specifically in response to anticipating the needs of New Yorkers with no plans to return to the subway.
The data would seem to support that assumption, according to Carmiel, even after so many months of pandemic living. "As of mid-July, weekday subway ridership had plummeted 54% from the pre-Covid days, according to the Partnership for New York City. The number of city-bound travelers on the suburban commuter rails was down more than half."
The increased demand for parking in New York City has also been evident in the political controversies regarding outdoor dining and bus-only lanes around the city.
Read the full story: Manhattan’s Newest Covid-Age Real Estate Bet: Condos for Cars
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
Chicago breaks ground on $3 billion megadevelopment
The new neighborhood, titled Foundry Park, will one day host 3,700 residences.
California High-Speed Rail Authority CEO resigns after $600,000 scandal
Under Ian Choudri, the authority used taxpayer dollars to fund first class flights and trips to nightclubs.
Want to study the Missouri River? Soon, you may need unanimous approval from 10 states
Legislation would require 10 governors’ permission to study or build projects moving water outside the basin.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
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One Hundred Miles
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The Architects Foundation
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Montrose County
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