1. Systemic Failure praises Gov. (again) Jerry Brown’s efforts to do away with California’s redevelopment agencies and “enterprise zones” (there’s a euphemism if I’ve ever heard one), which the author claims promote autocentric development with public funds. He then cites a few examples of redevelopment agencies pushing such plans in San Jose. If he can come up with that many in one city, I can’t even imagine how much damage they’ve done throughout the whole state. So far I’m liking Jerry Brown’s second act.
2. A very interesting Wikipedia article about a controversial Brooklyn-based developer.
3. One Staten Island councilman wants to use the dreaded environmental review against bike lanes.
4. An article about the Toronto condo boom. I’d like to know more about this:
But perhaps the biggest demographic that will continue to drive sales this year is the investor market, both local and international. Mr. Lamb says there are few developers building rental towers any longer, in part due to the city’s rent control laws, so investors hold the key to rental accommodation. He says it’s not uncommon for 40% of a building to be owned by investors, with most rentals situated below the fifteenth floor because they are less expensive than those with a brighter view. Mr. Myers estimates 50% to 60% of downtown condo units are owned by investors who rent them out.