The Techno-Utopian Seasteaders Who Want to Colonize the Ocean
Libertarians have long looked at ocean living as the next frontier. Some wealthy men are testing the waters. Source link
Tag: Real Estate and Housing (Residential)
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Why Developers Think Child Care Is Good for Business
Good morning. It’s Monday. Today we’ll look at why some apartment buildings are replacing amenity spaces like common rooms with child care centers. There’s an emerging alliance between real estate, one of New York City’s most powerful industries, and child care, one of its most beleaguered sectors. Why? There’s a shortage of preschool programs in…
How Contracting Work Became a Race to the Bottom
Ben Whelan is not the kind of carpenter to wax poetic about the joys of framing a wall or redoing a roof. Like a lot of men he knows, he started working in residential construction as a teenager because it was a reliable way to earn money. But he has a craftsman’s pride in knowing…
Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
“The capital need is in the trillions, not billions,” Ms. Anadu said. “It’s no secret that there’s a big market opportunity,” said Bennett Goodman, the executive chairman and a co-founder of Hunter Point Capital, an investment firm that backed Vistria in 2022. “What’s hard is being able to put together a scalable platform where you…
Can Barcelona Solve One of the Toughest Housing Crises in Europe?
In 33 years, Marga Aguilar never missed a rent payment on her apartment in a Modernist-style building in the heart of Barcelona. The owner of the building had always treated her and the other tenants as if they were family, and kept rents reasonable. But when the owner died recently, Ms. Aguilar, 62, got a…
Living Car-Free in Arizona, on Purpose and Happily
Last year, when Andre Rouhani and Gabriela Reyes toured Culdesac Tempe, a rental development outside of Phoenix, the place looked pretty sweet. It had winsome walkways, boutique shops and low-slung white stucco buildings clustered around shaded courtyards. The only surprise came when Mr. Rouhani, 33, a doctoral student at Arizona State University, asked about resident…
Private Island Comes on the Market in Italy
Private Mediterranean islands are rather rare, but Punta Pennata, a sliver of land in the Gulf of Naples with the crumbling walls of an old Roman villa tucked amid its overgrown flora, has been on the market for several months. Located about 20 miles from downtown Naples, the narrow island with its abrupt cliffs sits…
Office Market Poised to Rebound as Work From Home Policies End
For office landlords, a bad dream that began in March 2020 seems to finally be nearing an end — but only if you’re in well-located, high-end properties in major U.S. markets. Sales of office buildings across the country totaled $64.3 billion last year, up nearly 21 percent from 2023, according to MSCI Real Assets, a…
Mortgage Giants Fannie Mae and Freddie Mac Brace for Job Cuts
The newly appointed head of one of the nation’s top housing regulators tightened his grip on the agency with a major board shake-up on Monday at two government-controlled mortgage finance firms. William Pulte, the director of the Federal Housing Finance Agency, ousted 14 board members at Fannie Mae and Freddie Mac and named himself chairman…
Trump’s ‘Gold Card’ Set Off Panic in an Unexpected Place: Real Estate
President Trump’s plan to sell green cards for $5 million each, a program he is calling a “gold card,” has largely been met with a shrug. It’s not clear exactly how the program would work, if it’s legal or how many potential immigrants would really pay $5 million for a path to U.S. citizenship. But…