Planetizen - Urban Planning News, Jobs, and Education

Luxury Condos

August 24, 2019, 1pm PDT
A tax on non-resident property owners is working as it's intended, as a wave of luxury condo units hit the real estate market all over the city of Vancouver.
The Province
Blog post
May 2, 2019, 8am PDT
"Ghost apartments" (empty apartments owned by rich foreign investors) have gotten a great deal of media coverage. But how common are they?
Michael Lewyn
March 18, 2019, 2pm PDT
An explosion of upscale multifamily development in Texas cities reflects trends in the national housing market.
Curbed
September 13, 2018, 5am PDT
Most people living in Boston's most expensive condominiums aren't from Boston, according to new research.
The Boston Globe
December 1, 2016, 1pm PST
Developers and concerned residents tussle in Orange County, California, as a property meant to host an art museum moves toward redevelopment as high-rise luxury condos instead.
Newport Beach Indy
March 12, 2016, 7am PST
Despite concerns than foreign investors would snatch up expensive condo properties around Manhattan, keeping the supply our of reach of local renters, analysts report rental prices are dropping as new supply enters the market.
Bloomberg Business
August 9, 2015, 7am PDT
Facing record-level population growth and a booming job market, the city of San Francisco wants luxury developers to pay into the public transit system.
CityLab
August 3, 2015, 6am PDT
Can a neighborhood still call itself Chinatown when everyone living there is wealthy and white? Beset by rapid gentrification, longtime residents of D.C.'s Chinatown fight to keep their homes.
The Washington Post
June 6, 2015, 5am PDT
If taxed at an average rate, the buyer of One57's $100.5 million penthouse should have paid $1.3 million in property taxes. Instead, the property was assessed at $17,000. Here's why.
CityLab
April 14, 2015, 12pm PDT
Downtown gentrification threatens to displace skilled artisans in a district where workshops go back five generations. Some of the jewelers own their premises, but the rewards for building pricey condos are tempting.
Philadelphia Inquirer
February 23, 2015, 9am PST
Alastair Gordon lambasts Miami's high-end architectural extremes. A horizontal, nature-inspired urbanism might better address contradictions between breezy luxury and inland poverty.
Miami Herald
January 6, 2015, 7am PST
New York City's luxury housing market has, rather suddenly, hit the brakes. Crain's New York Business surveys the landscape.
Crain's New York Business
October 4, 2014, 5am PDT
The housing market in NYC has seen a 98.5 percent increase in luxury condo construction since last year. Market experts are concerned there is not enough demand to meet supply, causing developers to build upper to middle-income housing instead.
New York Times
May 21, 2013, 1pm PDT
With new luxury high-rises sprouting in a densifying Hollywood, and many more on the way, those hawking penthouses priced between $1-$45 million play up the unique amenities and play down the messy reality of a changing neighborhood.
Los Angeles Times