Posts with tag affordable housing

Cheap Housing? Beijing Man Builds Egg Home

Environmentalists might just approve of this cheap housing, a mobile egg-shaped home covered in bamboo and grass seed-filled burlap sacks. But will it catch on as a real living space? Dai Haifei, a 24-year-old Beijing architect who developed the egg home, had been living in it on a sidewalk in the high-rent Chinese city... Continue Reading »

Long Island Real Estate: Levittown Suburb Abandons Its Affordable Roots

You might not notice it while cruising down the Long Island Expressway on the Hampton Jitney, but Long Island, N.Y. -- once the epitome of the suburban dream -- is having something of a midlife crisis as politicians, civic organizations and developers debate how to create more affordable housing. Yes, the place that... Continue Reading »

Santa Monica Builder Flouts Affordable Housing Rules

Santa Monica has some of the strictest laws in California regarding affordable housing, including rent control and inclusionary housing laws (I'll explain more in a minute). However, the Santa Monica Daily Press details how JSM Construction -- builder of much of Santa Monica's downtown housing -- did not build the 52... Continue Reading »

Brooklyn's Newest Development a Sweet Deal for Renters

Brooklyn gained 660 apartments for low and middle-income New Yorkers on Tuesday, when the New York City Council approved the conversion of the former Domino Sugar refinery into a mixed-income community. While units for poor and middle-income renters are desperately needed in neighborhoods such as Williamsburg, located... Continue Reading »

First-Time Homebuyer's Guide

Mike Valdez fits the profile of a savvy first-time homebuyer perfectly. A 34-year-old financial analyst from New Rochelle, N.Y., he and his family had grown sick of living the renter's life. So two years ago he decided to test the market and find a townhouse for his growing family. But despite his financial aptitude, he... Continue Reading »

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