Luxury Condos

One57

Office-to-Residential Conversions Considered as Workers Go Remote

Reduced demand for office space after coronavirus could lead New York landlords to consider the conversion of offices to residential spaces.

April 14, 2020 - The Real Deal

Washington

Luxury Condos, Not Luxury Single-Family Homes, Take the Blame in the Affordability Debate

An article in The Urbanist suggests the ire over new developments is misplaced.

October 31, 2019 - The Urbanist

British Columbia

Luxury Condos for Sale in Vancouver as Non-Resident Owners Balk at New Taxes

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.

August 24, 2019 - The Province

Vancouver Skyline

Do You Believe in 'Ghost Apartments'?

"Ghost apartments" (empty apartments owned by rich foreign investors) have gotten a great deal of media coverage. But how common are they?

May 2, 2019 - Michael Lewyn

Texas

'Urban Luxury' Housing Skyrockets in Texas and Beyond

An explosion of upscale multifamily development in Texas cities reflects trends in the national housing market.

March 18, 2019 - Curbed

Boston Waterfront Development

Study: Boston Luxury Housing Supply Doesn't Satisfy Local Demand

Most people living in Boston's most expensive condominiums aren't from Boston, according to new research.

September 13, 2018 - The Boston Globe

Newport Beach High-Rise

Developers Clash Over Newport Beach High-Rise Project

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.

December 1, 2016 - Newport Beach Indy

Manhattan Skyline

Manhattan's Glut of Condos Now a Glut of Apartments

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.

March 12, 2016 - Bloomberg Business

Sutter Street from above

Who Should Pay for Congestion in Booming San Francisco?

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.

August 9, 2015 - CityLab

Washington DC Chinatown

Residents Forced Out of Washington, D.C.'s Chinatown

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.

August 3, 2015 - The Washington Post

One57

Why New York Barely Taxes Its Billionaires

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.

June 6, 2015 - CityLab

Philadelphia Jewelers' Row

Luxury Condos Versus Philadelphia's Jewelers' Row

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.

April 14, 2015 - Philadelphia Inquirer

Hello Miami!

Miami's High-Rise Orthodoxy Hides a Better Way

Alastair Gordon lambasts Miami's high-end architectural extremes. A horizontal, nature-inspired urbanism might better address contradictions between breezy luxury and inland poverty.

February 23, 2015 - Miami Herald

New York's Luxury Condo Market Suddenly Struggling

New York City's luxury housing market has, rather suddenly, hit the brakes. Crain's New York Business surveys the landscape.

January 6, 2015 - Crain's New York Business

Luxury Condos Saturating New York City's Housing Market

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.

October 4, 2014 - New York Times

High Above Hollywood, Buying Into the Glamour Without the Grittiness of the Boulevard

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.

May 21, 2013 - Los Angeles Times

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