Latest failed test of rent control: Berlin
Rent control may be making a comeback in the U.S., but the controversial policy had an unceremonious ending in Berlin barely a year after going into effect. “A controversial rent cap to control soaring rents...
Planning a post-pandemic renovation
As a commercial interiors firm, a question we hear a lot recently is “Are multifamily developers renovating amenities because of the pandemic?” The answer is a bit more nuanced than a straight “yes” or...
INFOGRAPHIC: Small businesses, larger corporations drift apart
Apartments are small business There are 30,748,033 small business in the U.S. according to the Small Business Association. Small businesses are defined as less than 500 employees. Ninety-nine percent of U.S. businesses are small businesses...
Good times as normal returns
Renters were flocking to new apartment buildings in downtowns across the Midwest, often filling these spaces before construction even wrapped. Renters by choice—both young and old—wanted to live in the urban hearts of cities,...
Biden policy will reduce household income by $1,650, new study finds
President Biden is touting his new $2.3 trillion+ spending plan as a boon to workers, even dubbing it the “American Jobs Act.” But there’s reason to believe that a key provision in Biden’s plan...
Tech and trash
The never-ending flood of deliveries is creating a lot of new headaches for multifamily building managers. The most obvious is accepting these now essential deliveries in a safe and organized manner. But another problem, one...
What does it mean to be a manager today?
A year into the pandemic, the implications of how COVID-19 has changed how people will work from now on are becoming clear. Many employees will be working in a hybrid world with more choices...
The upzoning wave catches California
To boost housing, cities like Berkeley and Sacramento are striking down single-family zoning laws and encouraging more dense development, joining a nationwide trend. It was a small step, with huge symbolic significance: The city council...
Technology implementation lies at the forefront of multifamily design
Undeniably, as we progress through 2021, one of the hottest trends in multifamily will continue to be technology and automation. According to the 2019 Zillow Consumer Housing Trends Report, 43 percent of Gen Z buyers...
Affordable housing may not depress neighboring values
There’s this assumption that having low-income housing in your neighborhood has a corrosive effect on your property values, but there are some new reports that show it ain’t necessarily so. The first is from Redfin....
There are better ways to house people than by banning evictions
A common government response to the pandemic has been to freeze evictions to keep people housed. While these moratoria may be attractive on the surface, this shortsighted tactic will only constrict access to affordable...
Defining essential: Never again
A year ago it may have been difficult to imagine a world where going to work, operating a sit-down restaurant, or engaging in business with consenting individuals was punishable by law—where going to the...
Kushner family business sells Maryland portfolio
Kushner Cos. sold two apartment complexes in the Baltimore area for a total of $240 million, part of an ongoing push by the company to unload about half of its assets in Maryland, a...
NYC landlords warehouse 50 percent of stock
Deals on apartments were so enticing that Tice, a tech worker, was willing to give up the most elusive of city dwellings: a rent-controlled one-bedroom. Tice moved from a small, run-down Lower East Side apartment...
How deregulating real estate markets can solve America’s shortage of affordable housing
The deregulation of real estate markets doesn’t just make economic sense. It is also a moral imperative. In the early twentieth century, known as the “progressive era,” the United States embarked on a spree of...