NYC Pension Funds Allocate $4B to Citywide Housing
Big news: we just announced our plan to invest $4B of NYC’s pension funds in financing housing across the five boroughs
US Data Center Delays Push AI Compute to Space
50% of US data centers are being delayed or canceled. 17% are uncertain. Only 33% are actually being built. This what's driving AI compute into orbit.
NYC's Street Network Among World's Most Complex
“We have the most complex street system in the country, among the most complex in the world,” says Kelsey Taeckens, NYC DOT mobility policy analyst. https://t.co/yGY51JORYu
Europe Boosts Transit Investment; U.S. Falls Behind
“European cities have been doubling and tripling down on transit and we’re not,” says Rachel Weinberger.
Design That Powers Itself Redefines Home Living
What if your house powered itself? 👀 ⚡️ I’m doing something at my new project, Casa Mallorca, that I’ve NEVER done before - and it’s changing the way I think about design entirely. Good design isn’t just about how something looks....
JetSnake Robot Tackles Dangerous Tunnel Maintenance Tasks
Snake-Arm #Robot “JetSnake” Takes on Hazardous Tunnel Maintenance Tasks by @IntEngineering #Robotics #Engineering #Innovation #Technology https://t.co/xrjfym04IA
Sizewell C's £121/MWh Cost Sparks Cost‑reconciliation Debate
I'd missed this in Feb, DESNZ says Sizewell C will cost £82/MWh in 2012 money (£121/MWh today)… Thoughts anyone? How to square this with estimated cost of building it? https://t.co/PdHLuSqXVJ https://t.co/H8kpPCCy5s
Europe’s 36 Daily Madrid‑Barcelona Trains Prove HSR Viable
Going to Madrid next week, there are 36 daily round-trip trains to Barcelona: 3 hours, ~$60. Then you look at Toronto–Montreal and LA–SF with four combined daily trips and wonder why we still debate the need for high-speed rail?
80‑Year‑Old Billionaire Still Launches New Apartment Venture
If you sold your business for $10 billion and were nearing 80 years old, would you hang up the cleats and enjoy retirement? If you say "yes," you are not Aimco/AIR founder Terry Considine, who is starting over again with his...
Brook Park Council Prepares Vote on Browns Stadium Deal
Brook Park Council moves toward vote on first part of stadium deal with Browns https://t.co/GEj5lVYVMP
AI Robot Accelerates Solar Panel Installation Safely
#AI-Powered #Robot Revolutionizes Solar Panel Installation with Speed, Precision, and Safety via @ZappyZappy7 #AI #Robotics #EmergingTech #Innovation #Technology https://t.co/d9jZS1jtju
Rural Spain Fears AI Data Centers: Land Loss, Water Crisis
What happens when Big Tech wants to build a data center on your land? Locals in rural Spain fear forced land sales and water shortages as AI moves in https://t.co/prPonKTo3A via @clarahenz https://t.co/hMOAu2WgmC
Hormuz Crisis Drives 3‑5% Rise in Indian Luxury Construction
Strait of Hormuz Crisis Threatens Luxury Housing in India. Developers are worried about delayed imports of key materials like aluminium, steel, Italian marble, and tiles. This is causing higher costs and possible delays in construction. Prices of these imported materials have already...
Griffin’s Midtown Project Boosts Jobs and Public Realm
Ken Griffin is the CEO of Citadel. He chose to build a new building in midtown NYC. The project contributes $150 million for air rights from local landmarks and $35.8 million to the East Midtown Public Realm Improvement, creates thousands...
New Condo Launch Premature; No Units Sold Yet
Don't hold your breath waiting for a new #condo tower to rise on spot of deadly #Sunrise collaps. They haven't sold a single unit. 'Soft launch we did w/premature' #DamacProperties #Fla #Miami #SoFla #mortgage #ChamplainTowersSouth https://t.co/QYfPn5VCXN
Cybertruck Render Could Sway Upzoning Approval Odds
Related to "beautiful" architecture and upzoning ... I wonder what a Cybertruck in the rendering does to the chances of a project being approved? @CSElmendorf https://t.co/wMHvjMNnfz
Canada Embraces Tall Towers, California Limits to Midrise
While Canada is fine with high-rise residential even in otherwise low-slung residential areas, California insists on chunky midrise even in other highly urban areas. What explains this? https://t.co/2L7ha4W3Uw
Demographics, Not Growth, Fuel Housing Demand; New Builds Lag
"Demographic change—not population growth—is the main driver of housing demand. And while the surge in new construction [in California] is welcome, it has not yet translated into meaningful relief for households struggling with high costs." https://t.co/SvBbqFg8yx
NYC Developers Exploit 99‑Unit Loophole, Merge Buildings
In 2024, NYC offered tax breaks & regulatory relief (labor regs, especially) for new apartment buildings with some "affordable housing" & fewer than 100 units. So, NYC developers built dozens of "99-unit" buildings & then... stitched them back together. LOL.
Charlotte Studios Surge Fivefold Since Financial Crisis
Over the last half century, the *kind* of apartments we have built has changed Post GFC, developers have shifted towards building more, smaller units In the City of Charlotte (not metro) the SHARE % of new units built as Studios has gone...
UGL Progresses 2.1 GWh Neoen Battery Project in Australia
UGL advances construction on 2.1GWh of battery storage for Neoen across two Australian states #energysky -- via Energy Storage News: https://t.co/c5dlRLHS5m
Upzonings Spur Massive Housing Growth in High‑Demand Areas
Just released paper from @urbaninstitute examining upzonings in New York and Philadelphia argues that upzonings can lead to a major increase in housing production, particularly in areas with strong demand https://t.co/fwejSrMjF8
Third Battery Stage Begins, Adding 312 Tesla Megapacks
Construction and concrete pours begin on third stage of massive battery, adding another 312 Tesla Megapacks #energysky -- via Renew Economy: https://t.co/0MoRLztKGz https://t.co/Djyf8Vf6jn
Small Builders Keep 2019 Sales Levels Steady
Not the March of Dimes, but still maintaining the 2019 sale levels. Of course, these are smaller builders who take this survey. https://t.co/9r6kBHAazv
Builders Struggle Pricing Homes Amid Rising Energy Costs
"Energy costs make up approximately 4% of residential construction material input and service costs. With near-term economic risks elevated, 70% of builders reported challenges pricing homes given uncertainty about material costs."
Single-Family Home Sales Index Drops to 37 in April
JUST IN: The NAHB index for single-family home sales dropped to 37 in April from March's revised 41, previously 42.
Cleveland Transforms Historic Downtown Into Modern Apartments
Nobody does resi #conversions like the #mistakeonthelake. Renters move back to the future as #Cleveland, a nat'l leader in the space, reimagines its historic downtown stock as modern apts. #realestate #CRE #retail #multifamily #mortgage #OH https://t.co/vSGJrrowfU via @WSJ
Engineers Devise Wheelie to Solve Traction Problem
They literally engineered a wheelie to solve a traction problem. I love this industry. https://t.co/hAq7Nu6Fw8
Builders Slash Cabinets and Windows to Preserve Margins
"Flimsier Cabinets and Fewer Windows: Home Builders Are Skimping on the Basics" https://t.co/D3NKwvf6zt "higher labor costs and materials prices are also cutting into margins" https://t.co/2KkyYnoVod
DBS Bank Seals Hong Kong’s Biggest Office Deal of 2024
DBS Bank (Hong Kong) has agreed to pay about HK$2.62 billion (US$334 million) for six floors at The Center, marking the city’s largest office transaction so far this year.
One in Nine New Homes Built in Flood‑Risk Zones
Roughly 11% of new homes built between 2022 and 2024 are in areas facing medium to high flood risks https://t.co/4J1IMlHMPn
Suniva Announces 4.5 GW Solar Cell Plant in South Carolina
Suniva to build 4.5 GW solar cell factory in South Carolina #energysky -- via pv magazine usa: https://t.co/YMH2nW27oz
Autonomous Construction Firm Secures Real Projects, Massive Revenue
@TerraFirma_Inc is delivering autonomous construction in the field. Real projects and real revenue with major customers and massive revenue streams. Their innovation will change construction forever. @BainCapVC
LA Developers Battle NIMBY, End up Blocked Entirely
Los Angeles real estate bros will go to the mat for the biggest NIMBY on city council, and then be surprised when they're not allowed to build anything.
Office Conversions Reveal Deep and Shallow Floorplan Duality
Office conversions have some of the most interesting and complicated floorplans They can be both very deep AND very shallow ... in the same building. Here's really cool recent project in Cleveland https://t.co/rFrJ5m06QZ
Future City Blueprint: Mega Factories Linked by Hyperloop
Motion Museum’s Future City layout in HO Coming Spring 2027 to Chattanooga, TN SpaceX Starbase Tesla Gigafactory Telsa Semi Factory xAI Colussus Data Center TVA Nuclear plant Natural Gas plant Boom Supersonic Overture Superfactory Joby Aviation eVTOL factory & landing field All connected...
Deep Dive Into U.S. Single‑Family Housing Market Trends
Last week, @WellsFargo had me give a presentation on the U.S. single-family housing market and homebuilding for their institutional clients If you'd like to see the 34-chart slideshow, email lance@resiclubanalytics.com https://t.co/Lmcesf5ymB
Mandatory AC Mandate Overloads DWP, Triggers Panel Replacements
Good post And, by the way, the local politicians pushing mandatory AC have no idea of the tidal wave of work they would be sending to our already totally overloaded DWP (I bet ~25% of the main electrical panels in apt buildings...
Top Priorities Shaping Construction Today Revealed Live
Wyatt Jenkins @Intuit shares with me the biggest priorities for construction companies today. Tune in live at 12 pm CT at: https://t.co/ykUbRecoZO. #TPSS #IoT #sustainability #5G #cloud #edge #digitaltransformation #PeggySmedley #podcast https://t.co/oiKc8kUiR6
Austin's Housing Boom Cuts Rents Amid Population Growth
"Austin’s Surge of New Housing Construction Drove Down Rents" (even as its population grew) https://t.co/Mi7GYtLlbz https://t.co/HAdE5iQaBO
HK Transfers HK$150bn to Capital Works Fund
The Executive Council on Tuesday approved plans to transfer HK$150 billion from Hong Kong's main financial war chest to a fund supporting capital works, with the government assuring that the move is "an exceptional arrangement".
$240M Deal for 11‑Unit Flatiron Conversion
Is nearly a qtr-$B coming in to the #FlatironBuilding? 11 units at the high-profile office>resi #conversion said to be in contract, w/a price tag of #240M. #CorcoranSunshine #realestate #CRE #NYC #mortgage #condo #Olshan https://t.co/wu2G9DlEe8
Mid‑rise Buildings Deliver Density without Towering Skyscrapers
I am all for urban density…but 400’ tall skyscrapers are not the only way to achieve it. Washington DC and Paris and London have incredible density with relatively few to zero skyscrapers. Mid-rise buildings is the way to go.
Congress' Housing Plan Risks Exacerbating Shortage
Congress wants to solve a national housing shortage. It might be making the problem worse. via @hapgoodreports https://t.co/NZpRcdOVT3
Free Browser‑Based 3D Building Editor Released Open‑Source
this guy literally just dropped a full 3D building editor that runs 100% in your browser 🤯 no autocad. no yearly license. 100% FREE and open-source. app + repo in 🧵↓ https://t.co/P7xa6uecD0
Turn Wildfire Alerts Into Automatic High‑Value Contractor Leads
Most contractors wait for leads. Smart ones let fires create them automatically. This OpenClaw system watches NASA wildfire data in real time… and instantly turns risk into revenue. The moment a fire starts: Homes at risk are identified → analyzed → visualized → contacted Not...
Homebuilders Bet on Growth Markets Amid Housing Volatility
Despite housing market choppiness why giant homebuilders are sticking long-term with growth markets There's a strong relationship between population growth & single-family permitting. High building activity is largely concentrated in growth markets https://t.co/zwEuUTYf0H
Zoning Rules Shape Typology, Not Design Trends
I think single-stair discourse has habituated a lot of oneweirdtrick thinking among urbanists. Yes, the five-over-one typology exists because of zoning, building codes, and financing. But they don't explain design trends.
Minimum Lot Sizes Compel Larger Homes in Texas Suburbs
In co-authored research we found that minimum lot sizes had a clear binding effect, forcing lot sizes to be larger, across Texas suburbs. https://t.co/ZA8OZLGXlY
LA Wildfire Recovery Lags Behind Other Disasters
Fifteen months after the Los Angeles wildfires, rebuilding is lagging behind other disasters. "There’s certainly no chance of them being this outlier of fast recovery. It’s not physically possible at this point." https://t.co/N6OxdteMDr https://t.co/U5ys5NJfCX