1. Mumbai is rethinking its density bonuses for developers who build parking lots and hand them over free of charge to the city.
2. Tort liability driving away possible MARC operators.
3. San Mateo County legislators threaten to charge San Franciscans a congestion charge similar to the one that the city is proposing to charge San Mateo (and East and North Bay) commuters. Bring it on, I say – it’s about time drivers were charged for using local roads.
4. The Supreme Court refuses to hear West Harlem business owners’ appeal against the city’s decision to use eminent domain to hand Manhattanville over to Columbia University.
5. The NYT has a story about a commercial kitchen-for-rent in Queens, calling it a “lifeline” for for “100 small businesses.” It’s a nonprofit, but even renting a space there for 6.5 hours in the middle of the night costs $154. I’m still waiting for the Times story about the many more people who cook illegally out of their own homes and whose businesses are therefore stunted and precarious, all because they can’t afford to comply with the city’s onerous health and zoning codes.
6. The US may have 1 billion parking spaces. This does not in and of itself prove that we have too much, but for those of us who already believe that zoning codes mandate more parking than the market would provide (for which there is good empirical evidence), it’s a horrifying thought.
7. Yonah Freemark discusses how Hong Kong’s transit agency uses property development to internalize positive transit externalities and maintain (relative) independence from the municipality.
8. The WSJ reports on the strong market for downtown office space, especially compared to declining suburban office parks.
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