Big investments in residential building in New York City indicate the strength of the city's economy, according to an article in Crain's New York Business.
"Spurred by the boom in residential building, total construction spending in the city will reach a record $39 billion this year and increase another 5% in the next two years," reports Greg David.
Citing projections from the New York Building Congress, David notes that the private sector is picking up the slack from the public sector: "Government spending, which accounted for more than half of all construction outlays in the previous two decades, will account for only a third this year"—though the article predates the recent approval of the MTA capital plan.
The article also goes into more detail about the relationship of the expiration of the 421-a tax break, which Josh Barbanel detailed in a separate article from July. "With [421-a] continuation beyond 2015 now dependent on a deal between builders and the construction unions over wages on 421-a projects, there could be another flurry at end of the year," adds David.
FULL STORY: City construction soars as residential outpaces government spending
Sunday Funday: Game Simulates the Development Experience
Even though it's simplified, Inside the Rent provides a window into the logic of developers trying to get apartments built in New York City. The game's creators emphasize its educational value.
Op-Ed: New York's Affordable Housing More Corrupt than Helpful
A columnist takes the recent scandal involving disgraced former New York State Assembly Speaker Sheldon Silver as a particularly heinous example of how far astray affordable housing policy is from its intended goal.
Adaptive Reuse More Popular Than Ever, Study Says
The past decade saw more old commercial buildings transformed into residential buildings than any decade previous.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
In Both Crashes and Crime, Public Transportation is Far Safer than Driving
Contrary to popular assumptions, public transportation has far lower crash and crime rates than automobile travel. For safer communities, improve and encourage transit travel.
Report: Zoning Reforms Should Complement Nashville’s Ambitious Transit Plan
Without reform, restrictive zoning codes will limit the impact of the city’s planned transit expansion and could exclude some of the residents who depend on transit the most.
Judge Orders Release of Frozen IRA, IIJA Funding
The decision is a victory for environmental groups who charged that freezing funds for critical infrastructure and disaster response programs caused “real and irreparable harm” to communities.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Clanton & Associates, Inc.
Jessamine County Fiscal Court
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service