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Liberalizing Cities
From The Ground Up
Pretty interesting article in the NYT today about the Gotham West development that recently broke ground on Manhattan‘s far west side. But I think the part about affordable housing could use some context: But the bulk of the project will be affordable units, 682 of them, or more than half the total homes….
Apparently I’m not the only one who thinks London’s Shard skyscraper (shameless article-I-wrote-about-London-skyscrapers plug) looks like Pyongyang’s Ryugyong Hotel. Koryo Tours, the only tour group that offers westerners package to North Korea, plays up the similarities on its blog: To the eyes of us all at Koryo Tours it looks like Renzo Piano has been copying Pyongyang… (Note the following is not 100% accurate – but close!…
There’s been a lot of handwringing by American lefties over the austerity plans that Germany is asking indebted eurozone governments like Italy and Greece to implement in exchange for bailouts, but many aspects of the plans – especially labor market deregulation – are long overdue no matter which side if the aisle you sit on (in the US, at least). In searching for information on the deregulatory aspects of Prime Minister Mario Monti’s “Save Italy” austerity plan, I came upon this interesting bit on transport deregulation in Corriere della Sera. I’ve never actually studied or spoken Italian, but hopefully this is a workable translation, if a bit literal: The recipe that the Antitrust Authority has chosen for taxi liberalization will double the number of licenses, but with each driver receiving a second one as compensation….
Scrapping viaducts like this would make California HSR cheaper, faster to build, and easier to maintain, without a loss in quality The recent peer review report recommending that California delay construction on the first segment of its high-speed rail project has caused a bit of consternation in the transit twittosphere. Blogger The Overhead Wire wrote, “Sorry, but defunding HSR won’t make local agencies $10b richer.” I replied, “But it might start a long-overdo convo on costs,” and he responded (and many agreed): “and then nothing will get done in my lifetime and costs won’t matter….
Earlier today Urban Photo Blog tweeted earlier today a link to an article about Hong Kong’s latest land reclamation project, with an obviously sarcastic “because it worked so well in Dubai!” tacked on at the end. Not to pick on Urban Photo Blog – actually, his Twitter account is definitely one of the best I follow – but I think that some of boomtime Dubai’s real estate projects, among them the infamous Palm Islands, give land reclamation a bad rap. …
Are America's private railroading glory days gone forever? The folks at Freakonomics have asked me to contribute to a “Quorum” on Amtrak and whether it can ever be profitable. Maybe I was a sucker, but it looks like I hewed closer to the question that some of the other contributors….
Enormous viaducts like this are one reason for the project's ballooning cost estimates Well, the other shoe has finally dropped: the California High-Speed Rail Peer Review Group is recommending that the state legislature not authorize the issue of $2.7 billion in bonds to begin paying for the state’s planned $98.5 billion high-speed rail line….
London’s Shard tower, soon to be the tallest in Europe, is, financially speaking, a bit puzzling. Europe is in the midst of an economic crisis, and London’s Southwark, across from the skyscraper-crazed City of London, is gentrifying, but not the safest place for a massive real estate investment. The developers have yet to sign a major office tenant, and nobody is expecting the project to turn much of a profit. …
Cornell-Technion has released another “fly-over” video, this one focused on the interior. But it does shed a bit more light on what the development will look like from the ground, and it ain’t pretty – the campus will be laid out in a fairly Corbusian plan, replete with lots of concrete plazas and grassy knolls (especially near the campus’ northern gateway to the rest of the island), and no retail space in sight. The empty spaces in the video are packed with students milling around, admiring the beautiful grassy fields and sloping moss interiors. But anyone who’s ever been to one of New York‘s many towers-in-a-park high-rises or zoning code-enabled privately-owned public spaces knows better than to believe that what New Yorkers really want is a bunch of grass and concrete to hang out on….
If you’ve ever done a Google Scholar search for anything zoning related, you’ll probably recognize the name William Fischel. He’s an economic historian at Dartmouth who’s written a lot about local government, and especially land use regulations. He’s got a wide-ranging paper published in 2004 called “An Economic History of Zoning and a Cure for its Exclusionary Effects,” and while I can’t speak to the recommendations part, the history is pretty interesting. …
