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Month May 2008

Privatize Midway Airport

If Chicago’s Midway Airport is privatized, I’ll be looking forward to flying in there. (And it won’t just be to satisfy cravings of Italian beef sandwiches and hot dogs at the food court.) It’s success may depend on the how much (or hopefully how little) the city regulates the airport’s contracts and operations as well as how much wasteful patronage will be eliminated by the private operator. From Reason.org‘s Out of Control Blog: Leasing Chicago’s Midway Airport If there was any question whether investors would be interested in a long-term lease of Chicago’s Midway Airport, it was answered in the affirmative at the beginning of April. If Midway does generate significant value for the city, the lease could be as precedent-setting as the city’s January 2005 lease of the Chicago Skyway. That transaction focused global attention on the United States as a new market for privatization of toll roads. But for the same thing to be possible in the airport sector would require Congress to amend the Airport Privatization Pilot Program legislation it enacted in 1996 . If it is as successful as the Skyway lease, it could usher in a wave of privatization of airports and highways across the US as governments try to shore up their budgets.

LA’s New Housing Rules Band-aid the Symptoms, Exacerbate the Problem

LA Times: Los Angeles limits ‘mansionization,’ downtown hotel conversions Reason: In Soviet Los Angeles, Housing Affordables You! LA’s City Council voted unanimously to treat the symptoms of the City’s gentrification problem by restricting property owner’s right to improve their property. Did anyone ask the council what would be the long-term effects of restricting the supply of upscale housing? As supply is restricted, eventually what was once considered middle class housing will be needed to meet the needs of the wealthy. With less stock for the middle class to afford, they will move downscale as well and gentrify the most affordable areas. Then, when the affordable housing is gobbled up, the City Council will probably enforce even greater restrictions. It won’t be long before upper-middle-class people will be living in tiny studios just like New York and everyone else is priced out. So, the solution is to do the opposite of what the council did. Remove restrictions on property and allow developers to build densely to meet the needs of the market. Some single family neighborhoods would gradually be redeveloped as multifamily, allowing the city to meet the housing needs of more people. Otherwise, gentrification will sweep over LA faster than ever and affordable market-rate housing will be a thing of the past.

Urgent: Kanye West May Die Without This Condo

It’s a beautiful project. I sure hope he gets his condo! Wouldn’t it be great if more entertainers joined in the fight to allow urban density instead of other silly stuff? Kanye’s Blog: HAVE YOU EVER SEEN SOMETHING SO GOOD YOU THOUGH YOU’D DIE WITHOUT IT? More articles on HL23 on Curbed Highline Blog

“Change” Not Welcome in Harlem: Neighbors Cause Commotion as Harlem Rezoning Passes

Limousine Liberals aren’t the only ones who oppose change. In Harlem, neighbors fought to keep new people out of their neighborhood, and want to force gentrification upon other neighborhoods. In the process they created such a stir at Wednesday’s Council session, they had to be cleared out. It’s such a strange phenomenon: progressives who act conservative; they preach tolerance, while excluding others from what they feel they own collectively. They applaud “Change” as a buzzword, then fight change when it effects them. NY Daily News: Council OKs Harlem rezoning plan; cops called to clear opponents The Real Deal: Council approves Harlem rezoning AMNY: Council approves controversial Harlem development plan Recent Market Urbanism post: 125th Street Rezoning

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