ULI’s 2014 Fall Meeting in New York City was a blockbuster—with more than 6,200 attendees, including a record number of nearly 4,700 paid registrants; a record $3.7 million in sponsorship revenue; numerous sold-out mobile tours of the area’s most innovative developments; a record 880 new members joining ULI to attend the meeting; and an agenda so filled with knowledge sharing that the closing concurrent sessions on the final day drew standing-room-only crowds.
This issue of Urban Land culminates an ambitious project: identifying 40 real estate professionals from around the world who, by age 40, have gone about their craft with a sense of innovation, dedication—and sheer gusto—to a degree that makes them pacesetters in land use and development.
The Trepp survey for the week ended December 5th, showed spreads relatively unchanged over the past 30 days, with the average spread increasing 2 basis points. The implied all-in cost of for a 10-year mortgage remains in the 3.50 percent to 4.00 percent range; last year at this time we were talking rates of 4.50 percent to 5.00 percent.
Members of ULI’s Master-Planned Communities Council discuss factors that homebuyers look for in communities; ways that developers are partnering to enhance access to retail, health care, education, and other services; strategies for fostering a sense of community among residents; and other trends.
A recent study of historic neighborhoods in New York City found that the designation boosted property values — except in Manhattan.
A group of nationally renowned land use and urban planning experts has been convened by the Urban Land Institute to make recommendations regarding the redevelopment and reuse of the NRG Astrodome to the Harris County Sports & Convention Corporation.
While the insurance industry is developing new risk standards for natural disasters, according to a ULI white paper, the real estate sector and governments also must play an active role in climate change adaptation
Could San Francisco’s landlords finance badly needed earthquake retrofits by converting garages into “granny flats” while also adding badly needed affordable housing?
Paul Katz, president and managing principal of global architecture firm Kohn Pedersen Fox Associates and a ULI member, died November 20 in Manhattan. He had been undergoing treatment for cancer, with which he had only recently been diagnosed, at Memorial Sloan Kettering Cancer Center. He was 57.
The Trepp survey for the week ending November 28, 2014, showed spreads relatively unchanged over the past 30 days, with the average spread declining 1 basis point. During the period, borrowers benefited from a 12-basis-point decline in the yield on ten-year Treasury notes. The implied all-in cost of 3.6 percent is 104—repeat, 104—basis points lower than it was on December 31, 2013.