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Brett Widness

Brett Widness is the managing editor of Urban Land. Previously, he worked in online editorial at the Washington Post, AARP, and AOL, now part of Yahoo!

The Dodge Momentum Index fell 4 percent in November to 171.7, down from the revised October reading of 178.1. In November, U.S. commercial planning fell 8 percent while institutional planning moved 5 percent higher.
The economic recovery in Washington, D.C., continued through the close of the third quarter of 2021. Office leasing activity is ongoing, though at a slower pace than years past, while asking rents are rising (up 2.1 percent from 2020 according to Newmark). The overall D.C. vacancy rate is just over 18 percent, according to CBRE.
How many electric vehicles should be on America’s roadways by 2030 to meet climate goals? How much land will be needed for solar or wind farms? Princeton University has released the final report of its Net-Zero America study, which answers these questions and others.
With more than a half a million people experiencing homelessness on any given night, the United States needs 6.8 million more affordable housing units, according to the National Low Income Housing Coalition. Speaking on the “Affordable Housing through Alternative Strategies” panel at the 2021 ULI Fall Meeting, Bryan Esenberg, managing deputy commissioner, Department of Housing, City of Chicago, said that there is a 120,000-affordable-unit gap just in Chicago and that at the current rate you likely cannot just build your way out of it.
Speaking at the 2021 ULI Fall Meeting, two mid-career professionals who participate in ULI’s Women’s Leadership Institute talked about building their networks, taking positions you aren’t completely ready for, and leadership.
The Fall 2021 issue of Urban Land is now available for ULI members. The cover topic is “Urban Living: How the Pandemic Is Shaping Cities.” Other topics include “Net Zero: Chicago’s C40 Competition” and “Infrastructure: Managing Stormwater.”
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Renters are now the majority in more than 100 U.S. suburbs that were previously homeowner territory 10 years ago, according to an analysis of U.S. Census Bureau data by Yardi’s RentCafé. Another 57 suburbs are expected to follow suit in the next five years, with many of these suburbs belonging to the Miami, Washington, D.C., and Los Angeles metro areas.
The city of San Jose, California, is considering encouraging churches and other institutions to convert underused parking lots to create much needed affordable housing. Other cities such as San Antonio and Montgomery County, Maryland, are looking at how other assets or acquisitions could be better used, particularly to accommodate refugees.
Life science investment volume is on a record pace in 2021, reaching $9 billion for the first half of 2021, according to 2021 Mid-Year Life Science Overview & Market Clusters, a new report by Newmark.
Tampa’s city council approved a resolution for a community-wide transition to 100 percent clean, renewable electricity by 2035. Tampa is the 12th city in Florida to make this commitment.
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