Mayor Adams, Build a Bigger Manhattan

“New Mannahatta” would help the city’s housing crisis and protect against the impact of climate change. 

#adams-eric-l, #affordable-housing, #floods, #global-warming, #infrastructure-public-works, #manhattan-nyc, #real-estate-and-housing-residential

What We Know About the Building in the Bronx Apartment Fire

The companies purchased Twin Parks North West, the Bronx building where there was a deadly fire, along with seven other buildings in the borough for $166 million.

#adams-eric-l, #affordable-housing, #bronx-nyc, #fires-and-firefighters, #landlords, #real-estate-and-housing-residential

The New Pentagon Papers: Civilian Casualties

Readers call for Pentagon accountability for the killing of civilians. Also: Julian Assange; Republican hypocrisy; two-family homes.

#affordable-housing, #american-rescue-plan-2021, #assange-julian-p, #civilian-casualties, #classified-information-and-state-secrets, #real-estate-and-housing-residential, #stimulus-economic, #united-states-defense-and-military-forces, #united-states-politics-and-government, #war-crimes-genocide-and-crimes-against-humanity

It’s Been a Home for Decades, but Legal Only a Few Months

California catches up with the reality that when it’s too hard to play by the rules, people convert the garage into an apartment anyway.

#affordable-housing, #boyle-heights-los-angeles-calif, #california, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

They Had a Plan to Save Their SoHo Garden. It Backfired.

Despite a bid to protect it from a contentious rezoning plan, the Elizabeth Street Garden will be replaced by housing units.

#affordable-housing, #chin-margaret-s, #city-council-nyc, #elizabeth-street-garden-manhattan-ny, #new-york-city, #noho-manhattan-ny, #real-estate-and-housing-residential, #reiver-allan, #soho-manhattan-ny, #zoning

Is the Chance to Turn Hotels Into Affordable Housing Slipping Away?

As many of the city’s hotels sat empty during the pandemic and homelessness continued to rise, some saw an opportunity to solve both problems. So what happened?

#affordable-housing, #homeless-persons, #hotels-and-travel-lodgings, #manhattan-nyc, #public-and-subsidized-housing, #quarantine-life-and-culture, #real-estate-and-housing-residential, #rent-control-and-stabilization, #renting-and-leasing-real-estate, #single-room-occupancy

How Austin Became One of the Least Affordable Cities in America

The capital of Texas has long been an attractive place to call home. But with an average of 180 new residents a day arriving, its popularity has created a brewing housing crisis that is reshaping the city.

#affordable-housing, #austin-tex, #building-construction, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #texas

Revitalizing Black Neighborhoods by Preserving Their History

Developers are repurposing deteriorated structures in historically significant areas in an effort to incorporate spaces for the arts, affordable housing and small businesses under one roof.

#affordable-housing, #area-planning-and-renewal, #atlanta-ga, #black-people, #buildings-structures, #culture-arts, #historic-buildings-and-sites, #memphis-tenn, #oakland-calif, #real-estate-commercial, #restoration-and-renovation, #united-states

Book Review: ‘San Fransicko,’ by Michael Shellenberger

Michael Shellenberger’s “San Fransicko” raises important questions about homelessness in San Francisco, but his answers are mired in controversy.

#affordable-housing, #books-and-literature, #homeless-persons, #mental-health-and-disorders, #oakland-calif, #san-francisco-calif, #shellenberger-michael

New York Targets Affluent Neighborhoods in Push for Affordable Housing

Supporters say the plans help address New York’s housing crisis and help integrate the city’s neighborhoods. Opponents see more gentrification and giveaways for developers.

#adams-eric-l, #affordable-housing, #assn-for-neighborhood-and-housing-development, #city-council-nyc, #de-blasio-bill, #furman-center-for-real-estate-and-urban-policy, #george-mason-university, #gowanus-brooklyn-ny, #lander-brad, #manhattan-institute, #new-york-city, #real-estate-and-housing-residential, #soho-manhattan-ny, #zoning

Liberal Hypocrisy Is Fueling Inequality

Why do states with democratic majorities fail to live up to their values?

#affordable-housing, #california, #capital-gains-tax, #democratic-party, #equal-educational-opportunities, #illinois, #income-inequality, #income-tax, #taxation, #washington-state

In a Supertall Tower, How Much Affordable Housing Is Enough?

The only residential building at the World Trade Center will be 25 percent affordable — a real accomplishment, supporters say. Others insist it should be 100 percent.

#affordable-housing, #manhattan-nyc, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #world-trade-center-manhattan-ny

Desperate for Housing Options, Communities Turn to Ballot Initiatives

Cities and counties will vote on measures, like tax hikes and curbs on Airbnb, aimed at creating more affordable housing.

#affordable-housing, #airbnb, #american-rescue-plan-2021, #colorado, #homeless-persons, #leadville-colo, #real-estate-and-housing-residential, #referendums, #renting-and-leasing-real-estate

Hellishly Hot Tiny Town Offers ‘Free’ Land. Hundreds of Calls Came In.

The town in Australia’s outback, where the temperature can hit 113 degrees Fahrenheit, drew global inquiries when it offered “free” land in a bid to expand its population.

#affordable-housing, #australia, #real-estate-and-housing-residential

Is This the Cure for the Loneliness of American Motherhood?

American moms are isolated, overworked and undersupported. The solution may be living together, separately.

#affordable-housing, #architecture, #cohousing-communities, #communes, #copenhagen-denmark, #design, #families-and-family-life, #loneliness, #parenting, #shakers, #silver-spring-md, #women-and-girls, #work-life-balance

Why New York City Is Trying to Preserve a Crumbling Church

Grace Congregational Church wants to stay afloat by redeveloping its building, but a new historic district aimed at protecting Black culture now stands in its way.

#affordable-housing, #black-people, #churches-buildings, #harlem-manhattan-ny, #historic-buildings-and-sites, #landmarks-preservation-commission, #new-york-city, #real-estate-and-housing-residential

Some Tenants in Los Angeles May Lose the City Councilwoman They Elected

How some tenants in Los Angeles may lose the voice they found on the City Council.

#affordable-housing, #city-councils, #homeless-persons, #internal-sub-only, #real-estate-and-housing-residential, #redistricting-and-reapportionment, #rent-control-and-stabilization

A Home Built for the Next Pandemic

A new Covid concept house pitches itself as empowering and feminist. Is it?

#affordable-housing, #coronavirus-2019-ncov, #internal-sub-only, #parenting, #telecommuting, #women-and-girls, #womens-rights

Funding Fight Threatens Plan to Pump Billions Into Affordable Housing

A federal voucher program is at risk of being sharply scaled back as the White House seeks to slash its social policy package to appease two centrist senators.

#affordable-housing, #contra-costa-county-calif, #homeless-persons, #public-and-subsidized-housing, #united-states-politics-and-government

In the Bronx, Mott Haven Suddenly Gets a Skyline

A construction boom could bring more than 5,000 rental apartments to some 20 development projects in the neighborhood over the next couple of years.

#affordable-housing, #area-planning-and-renewal, #brookfield-office-properties, #chess-builders-llc, #concourse-realty-partners, #jcal-development-group-llc, #jcs-realty-group-llc, #mott-haven-bronx-ny, #real-estate-and-housing-residential, #rxr-realty, #somerset-partners-llc, #trinity-financial-llc

California Homeowners Flex Their Political Muscle

The lasting power of neighborhood organizing.

#affordable-housing, #california, #city-councils, #hancock-park-los-angeles-calif, #hancock-park-homeowners-assn, #homeowners, #internal-sub-only, #los-angeles-calif, #politics-and-government, #raman-nithya, #real-estate-and-housing-residential, #redistricting-and-reapportionment, #renting-and-leasing-real-estate, #san-fernando-valley-calif, #sherman-oaks-calif, #sherman-oaks-homeowners-assn, #zoning

San Antonio’s Challenge: Balancing Growth With Heritage

A number of large-scale projects will expand the city’s downtown, but community advocates are worried about preserving the area’s Mexican American culture.

#affordable-housing, #area-planning-and-renewal, #esperanza-peace-and-justice-center, #historic-buildings-and-sites, #mexican-americans, #real-estate-commercial, #real-estate-and-housing-residential, #san-antonio-tex, #university-of-texas-at-san-antonio

‘The Moratorium Saved Us. It Really Did.’

With the eviction moratorium over, the road to more opportunity and less inequality runs through affordable housing.

#affordable-housing, #american-rescue-plan-2021, #centers-for-disease-control-and-prevention, #cleveland-ohio, #evictions, #foreclosures, #homeless-persons, #income-inequality, #landlords, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #united-states-politics-and-government

The Role for State Governments in the Housing Crisis

How to solve the housing crisis (part 3).

#affordable-housing, #city-councils, #evictions, #gentrification, #homeless-persons, #internal-sub-only, #land-use-policies, #local-government, #public-and-subsidized-housing, #real-estate-and-housing-residential, #zoning

No, California Isn’t Doomed

With a budget surplus and plans for fixing its biggest problems, the Golden State is looking a bit more golden.

#affordable-housing, #budgets-and-budgeting, #california, #elections-california-gubernatorial-recall-2021, #homeless-persons, #internal-sub-only, #newsom-gavin, #real-estate-and-housing-residential, #taxation

In Sicily Slums, a 113-Year Wait for Housing May Be Over

After a 1908 earthquake in Messina, the displaced were moved into temporary shacks. Thousands still live in squalor, but the pandemic has pushed Rome to take action at last.

#affordable-housing, #coronavirus-2019-ncov, #earthquakes, #italy, #sicily-italy

Pandemic Pushes Rome to Address Housing in Sicily Slums

After a 1908 earthquake in Messina, the displaced were moved into temporary shacks. Thousands still live in squalor, but the pandemic has pushed Rome to take action at last.

#affordable-housing, #coronavirus-2019-ncov, #earthquakes, #italy, #sicily-italy

New York’s Superstar Progressive Isn’t A.O.C.

Ritchie Torres isn’t a household name. He should be.

#affordable-housing, #bronx-nyc, #charter-schools, #education-k-12, #house-of-representatives, #public-and-subsidized-housing, #real-estate-and-housing-residential, #torres-ritchie-1988, #united-states-politics-and-government, #vouchers

11 Deaths Put Focus on N.Y.C.’s Failure to Make Basement Apartments Safe

Even before a deadly storm, a pilot program was supposed to lead the way toward legalizing tens of thousands of dangerous basement units.

#affordable-housing, #basements-and-cellars, #citizens-housing-and-planning-council, #cypress-hills-local-development-corp, #de-blasio-bill, #east-new-york-brooklyn-ny, #new-york-city, #real-estate-and-housing-residential

Apartments Built on an Assembly Line

The pandemic put a general crimp in housing construction, but made a California factory that churns out prefabricated housing extra busy.

#affordable-housing, #building-construction, #california, #factories-and-manufacturing, #factory-os-vallejo-calif, #prefabricated-buildings, #real-estate-and-housing-residential, #san-francisco-bay-area-calif

Inwood Watches Closely as New Zoning Kicks In

Taller buildings are going up, but, so far, developers are making good on their promises to bring affordable housing to the neighborhood.

#affordable-housing, #area-planning-and-renewal, #gentrification, #inwood-manhattan-ny, #joy-construction-corp, #lm-development-partners, #land-use-policies, #maddd-equities-llc, #real-estate-commercial, #real-estate-and-housing-residential, #suits-and-litigation-civil, #taconic-partners-llc, #zoning

Has the Pandemic Changed Cities Forever?

In “Survival of the City,” Edward Glaeser and David Cutler explore a range of issues that will affect how our urban areas will look into the future.

#affordable-housing, #books-and-literature, #coronavirus-2019-ncov, #cutler-david-matthew, #glaeser-edward-l, #quarantine-life-and-culture, #real-estate-and-housing-residential, #survival-of-the-city-living-and-thriving-in-an-age-of-isolation-book, #urban-areas

Why $46 Billion Couldn’t Prevent an Eviction Crisis

As national eviction protections lapse, much of the rental assistance sits unspent. Aid was slowed by red tape, resistance from landlords and the difficulty of navigating an informal market. Does a lease on a napkin qualify?

#affordable-housing, #american-rescue-plan-2021, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #evictions, #house-financial-services-committee, #landlords, #local-government, #poverty, #renting-and-leasing-real-estate, #section-8-housing, #sperling-gene, #states-us

How Ida Turned Basement Apartments Into Death Traps

At least 11 people were found dead in basements after torrential rains flooded New York City — nearly as many as those killed by Hurricane Ida in Louisiana, where the storm made landfall.

#adams-eric-l, #affordable-housing, #basements-and-cellars, #buildings-department-nyc, #de-blasio-bill, #deaths-fatalities, #floods, #global-warming, #hurricane-ida-2021, #new-york-city, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

Want to Solve the Housing Crisis? Build More, and Build Higher.

Down with historic preservation!

#affordable-housing, #crime-and-criminals, #historic-buildings-and-sites, #internal-sub-only, #police-reform, #real-estate-commercial, #real-estate-and-housing-residential, #urban-areas, #zoning

Don’t Mind the Gap in Intergenerational Housing

Several new developments make a point of mixing age groups, because who wants to enter the golden years surrounded by only old people?

#affordable-housing, #baby-boomers, #elderly, #public-and-subsidized-housing, #real-estate-and-housing-residential, #retirement-communities-and-assisted-living, #sage-advocacy-and-services-for-lgbt-elders, #singapore, #united-states

The Gentrification of Blue America

The troubling interaction between NIMBYs and the knowledge economy.

#affordable-housing, #california, #economics-theory-and-philosophy, #gentrification, #internal-sub-only, #international-trade-and-world-market, #united-states-economy

Scoring Biden’s ‘Care Economy’ Plan

If human capital is an asset, how should Congress measure the payoff?

#affordable-housing, #american-rescue-plan-2021, #biden-joseph-r-jr, #child-care, #congressional-budget-office, #infrastructure-public-works, #internal-sub-only, #united-states-economy

Want to Solve the Housing Crisis? Take Over Hotels.

A discussion on the escalating problem of unaffordability.

#affordable-housing, #eminent-domain, #evictions, #homeless-persons, #landlords, #rent-control-and-stabilization, #zoning

‘Grandfamily’ Housing Caters to Older Americans Raising Children

Intergenerational communities are sprouting up as the need grows for homes that suit aging adults and their young charges.

#affordable-housing, #content-type-personal-profile, #elderly, #families-and-family-life, #foster-care, #grandparents, #joint-center-for-housing-studies, #oregon, #real-estate-and-housing-residential, #united-states

How to Raise a Happy Family When You’re Homeless

Stable, affordable housing was out of reach for a Bay Area family. In a new short film, see a personal account of building a home without a house.

#affordable-housing, #california, #documentary-films-and-programs, #families-and-family-life, #homeless-persons, #parenting, #san-francisco-bay-area-calif, #united-states

Abodu raises $20M to build prefabricated backyard homes

The need for more affordable housing has never been more urgent as a shortage in the U.S. housing market persists.

Startups attempting to help address the shortage in a variety of ways abound. One such startup, Abodu, has raised $20 million in a Series A funding round led by Norwest Venture Partners. Previous backer Initialized Capital also participated in the financing, along with Redfin CEO Glenn Kelman, former Stockton, California Mayor Michael Tubbs, GGV investor Hans Tung and Paradox Capital’s Kyle Tibbitts.

The California legislature changed laws in 2017 to make it easier to build Accessory Dwelling Units (ADUs). Then on January 1, 2020, the state of California made it dramatically easier to add extra housing units to single-family home sites. Cities and local agencies have to quickly approve or deny ADU projects within 60 days of receiving a permit application. The state also now prevents cities from imposing minimum lot size requirements, maximum ADU dimensions or off-street parking requirements. 

Redwood City, California-based Abodu, which builds prefabricated ADUs, was founded in 2018 to serve as a “one-stop shop” for building an ADU, or as some describe it, a home in a backyard.

Image Credits: Co-founders John Geary and Eric McInerney / Abodu

What sets the company apart from others in the space, its execs claim, is that it not only builds and installs the units, it helps homeowners with the painful process of getting permits. Abodu says it pre-approves its structural engineering with California state-level agencies to ensure its units can be built statewide and works with local agencies to pre-approve its foundation systems to ensure projects can proceed on predictable timelines.

It also claims to offer a cheaper and faster process than if one were to build an ADU from start to finish. Specifically, the startup claims that one of its backyard homes can be installed in just 10% of the time it would take for a traditional ADU to be built. 

Abodu has been active in the market, selling and building its ADUs since the fall of 2019. Since then, it has put “dozens and dozens” of units in the ground, and has multiple dozen units in production on top of that, according to CEO and co-founder John Geary. So far, it’s operating in the Bay Area, Los Angeles and Seattle. The company claims it can deliver an ADU in as little as 30 days in San Jose and Los Angeles thanks to the cities’ pre-approval process. In other cities in California and Washington, turnaround is “as little as 12 weeks.” But a standard bespoke project takes 4-5 months from start to finish, according to Geary.

The startup’s three products include a 340-square foot studio; a 500-square foot one bedroom, one bath, and a 610-square foot two bedroom unit. All have kitchens and living space.

Pricing starts at $190,000, but the average project cost across all sizes is around $230,000, Geary said, inclusive of permits and site work.

There are a variety of use cases for ADUs, the most popular of which is to house family and for rental income. 

“During the pandemic, multigenerational living has been at an all-time high. There are acute family needs that people are trying to solve for,” Geary said. “In addition, folks are earning extra money by renting them out to members of the community such as teachers or fireman, a single person or younger couple.”

Next, Abodu is eyeing the San Diego market.

Earlier this week, we covered the recent raise of Mighty Buildings, another Bay Area-based startup building ADUs and other housing. The biggest difference between the two companies, according to Geary, is that Mighty Buildings is focused on innovation in construction with its 3D-printed method. 

“We decided early on that we didn’t want to reinvent the wheel from the construction standpoint,” Geary said. “Instead, we looked at ‘how can we solve for speed and ease?’ ”

Abodu operates with an asset-light model, and doesn’t own any factories. Instead, it has built a network of factory “partners” across the Western U.S. that builds its units depending on how their capacities look at any given time.

Naturally, the company’s investors are bullish on the company’s business model.

Jeff Crowe, managing partner of Norwest Venture Partners, believes that Abodu’s “beautifully crafted units” are just one of the company’s selling points.

“John, Eric, and their team manage the end-to-end process of permitting, building, and installing on behalf of their customers,” he told TechCrunch. “And with the expedited permitting that Abodu has been granted in over two dozen cities, it has faster time-to-installation than other ADU market participants.  The result has been very high levels of customer satisfaction and rapid growth.”

Former Stockton Mayor Tubbs said Abodu is tackling two of California’s most consequential issues: the statewide housing shortage and its impacts on racial and economic segregation in our neighborhoods.

“By making it fast and accessible for normal homeowners to build high-quality backyard housing units, Abodu’s success will mean integrating options for both renters and homeowners in the same neighborhoods, while supporting small landlords and property owners in building equity in their homes,” he wrote via email.

Abodu’s success would be a win-win that strengthens communities.

He went on to describe the speed that Abodu can deliver housing units to customers in certain parts of California “astounding.” 
“Abodu’s team has done some of the most difficult legwork for property owners by building local contractor relationships with reliable, vetted, high-quality partners,” he said. “As a homeowner myself, I know the challenges of permitting and finding contractors during construction. It’s this thoughtful attention to detail and customer trust that sets Abodu apart from other similar offerings.”

 

#abodu, #adu, #affordable-housing, #california, #funding, #fundings-exits, #glenn-kelman, #hans-tung, #initialized-capital, #jeff-crowe, #los-angeles, #norwest, #norwest-venture-partners, #real-estate, #recent-funding, #redwood-city, #san-jose, #seattle, #startup, #startups, #tc, #united-states, #urban-planning, #venture-capital, #washington

Eric Adams Has Plans for New York, Beyond Public Safety

Mr. Adams, the Democratic mayoral nominee, has stances on policing, transportation and education that suggest a shift from Mayor Bill de Blasio.

#adams-eric-l, #affordable-housing, #congestion-pricing, #content-type-personal-profile, #education-k-12, #elections-mayors, #homeless-persons, #new-york-city, #police-brutality-misconduct-and-shootings, #police-reform, #politics-and-government, #real-estate-commercial, #roads-and-traffic

The L.I.R.R. Only Works If Long Island Gets Affordable Housing

To justify its big investment in the L.I.R.R., New York needs to force Long Island communities to make room for more housing.

#affordable-housing, #income-inequality, #long-island-ny, #long-island-rail-road-co, #nassau-county-ny, #new-york-state, #real-estate-and-housing-residential, #transit-systems, #zoning

There Are Jobs in the Hamptons. If Only Workers Could Afford The Rent.

Unable to staff shifts, some restaurants and shops, already reeling from lockdown closures, are suspending service during the lucrative summer season.

#affordable-housing, #almond-bridgehampton-ny-restaurant, #bobby-vans, #bridgehampton-ny, #coronavirus-2019-ncov, #douglas-elliman-real-estate, #hamptons-ny, #immigration-and-emigration, #labor-and-jobs, #long-island-ny, #real-estate-and-housing-residential, #renting-and-leasing-real-estate, #restaurants, #summer-season

Modest Rent Increases Approved for 2.3 Million N.Y.C. Tenants

The Rent Guidelines Board voted to allow 1.5 percent increases for the second six months of one-year leases. Tenants had pushed for rent reductions.

#affordable-housing, #coronavirus-2019-ncov, #de-blasio-bill, #landlords, #new-york-city, #real-estate-and-housing-residential, #rent-control-and-stabilization, #rent-guidelines-board, #rent-stabilization-assn, #renting-and-leasing-real-estate

Los Angeles’s Housing Crisis: Can Design Be a Solution?

As Angelenos grapple with ways to address affordable housing, density and homelessness, a new architecture competition looks to low-rise solutions.

#affordable-housing, #architecture, #homeless-persons, #los-angeles-calif, #may-cliff, #race-and-ethnicity, #real-estate-and-housing-residential, #zoning

Candidates Clash Over New York City’s Future in Final Mayoral Debate

The eight contenders jousted over their policies on public safety, homelessness, education and climate change with less than a week left in the campaign.

#adams-eric-l, #affordable-housing, #debates-political, #democratic-party, #donovan-shaun-l-s-1966, #elections-mayors, #ethics-and-official-misconduct, #garcia-kathryn, #homeless-persons, #mcguire-raymond-j, #morales-dianne, #new-york-city, #primaries-and-caucuses, #stringer-scott-m, #wiley-maya, #yang-andrew-1975

Rising Housing Costs Leave Homebuyers Struggling

A moratorium on evictions did little to address the bigger problem: The country is running out of affordable places for people to live.

#affordable-housing, #american-rescue-plan-2021, #coronavirus-2019-ncov, #evictions, #joint-center-for-housing-studies, #landlords, #national-low-income-housing-coalition, #real-estate-and-housing-residential, #renting-and-leasing-real-estate

New York Has a Housing Crisis. How Would the Mayoral Candidates Fix It?

New York City’s affordability problems were laid bare by the pandemic. Mayoral candidates offer solutions, but steep political and logistical obstacles remain.

#adams-eric-l, #affordable-housing, #donovan-shaun-l-s-1966, #elections-mayors, #garcia-kathryn, #homeless-persons, #housing-authority-nyc, #mcguire-raymond-j, #morales-dianne, #new-york-city, #primaries-and-caucuses, #public-and-subsidized-housing, #stringer-scott-m, #wiley-maya, #yang-andrew-1975