Jared Brey

Jared Brey has reported on urban issues for Philadelphia magazine, PlanPhilly, Hidden City, The Philadelphia Inquirer, and Keystone Crossroads.

Under the Clean Energy D.C. Omnibus Amendment Act, the District is planning to move entirely to renewable electricity by 2032, with the goal of cutting the city’s greenhouse gas emissions in half by that year as part of its broader commitment to becoming entirely carbon neutral by 2050. To meet those goals, building owners will be required to make energy retrofits on about half of the buildings in the city. To help owners prepare for these changes, ULI partnered with the DowntownDC Business Improvement District for an Advisory Services panel in July.
As part of the release of Emerging Trends in Real Estate ® 2019, ULI Philadelphia gathered a panel of industry leaders to talk about what is working and what is not for their sectors both in Philadelphia and other parts of the eastern United States.
Eric Blumenfeld, a prominent homegrown Philadelphia developer, more than a decade ago began rehabbing buildings in the city’s North Broad Street corridor and inviting big-name restaurateurs to use the space. Now, with the reopening of the long-vacant Divine Lorraine as apartment/restaurant space, a beloved architectural icon, Blumenfeld, owner of EB Realty Management, believes his vision is finally coming together.
How can land use foster the innovation economy? By partnering with anchor institutions and embracing the idea of a “minimum viable product,” where a stripped-down version is offered to early adopters and then modified based on the usage and other feedback, said development experts at a ULI Philadelphia event in February.
In the six years since Philadelphia began to slowly reverse decades of population loss, the city has seen its share of real estate development controversies. Most of these—involving questions of gentrification, tax abatements, and density—would be familiar in any number of U.S. cities that have undergone a resurgence in the past few years. But lately, discussions about the preservation and demolition of the city’s thousands of historic properties have been particularly pitched.
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