Officials in New York are pushing a plan to reuse foreclosed or abandoned condo projects as affordable housing.
"Some see the failed projects as nothing more than monuments to a reckless development era. But others have seized them as an opportunity to try and reverse-engineer the city's housing bubble by paring down the city's condo glut and adding to its affordable stock."
"Housing advocates and policymakers are piecing together plans to convert many of those luxury units into cheaper ones, either through subsidies, affordable housing programs or new tax incentives. Or perhaps even government intervention."
"The plan is seen by advocates and even some developers as a creative if untested strategy for easing the city's housing woes as credit tightens and prices plummet."
Read the full story: Quinn, Jeffries, Towns Look to Reverse-Engineer Development Bubble
Madison approves hundreds of affordable apartments as deadline for federal funding looms
A recently approved project will bring 163 affordable units to the north side.
LA approves $2B 'urban village' plan for former cold storage facilities
The project promises an interconnected neighborhood with a focus on public space.
Vacant downtown LA office building will be transformed into 512 affordable homes
The World Trade Center will create hundreds of new apartments with rents starting as low as $937.
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.
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.
Mamdani’s pied-à-terre tax survives legal challenge
A panel of judges found that the plaintiffs failed to demonstrate injury as a result of New York City's implementation of the tax.
Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Seattle passes record-breaking transit services expansion
Proposition 1 will double the city’s transit tax to add 95,000 more bus trips and preserve 180,000 bus trips annually.
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
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
Montrose County
The Pocatello Development Authority