Feature

According to a recent renter survey, residents give Los Angeles a C+ for renter satisfaction, with a D for commute time and affordability.

The Consent Decree, which is subject to the review and approval of the court, requires the appointment of a federal monitor and requires the city, to provide $1.2 billion of additional capital funding to NYCHA over the next five years, and $200 million every year thereafter until the problems are fixed.

With little land available for new development and growing demand to be close to population centers, industrial development is soon going to head up.

The investment firm is shifting its strategy to focus on large apartment complexes upwards of 200 units.

The arrival of 300 Grant Ave., the first ground-up retail and office development in Union Square in 30 years, is one of the most highly anticipated opportunities with 180 feet of trophy retail frontage.

Single-user investment sales in 2017 totaled $13.2 billion on 1,158 properties with a total of 171.4 million square feet, a 45.4% increase from the previous year, according to Avison Young.

A 10-million-square-foot rail-served industrial property, SW International Gateway Business Park, is soon to be underway, serving six ports within 250 miles, including Houston, Corpus Christi and Galveston.

In the second of a two-part <b>EXCLUSIVE</b>, Ron Stelmarski of Perkins+Will discussed the challenges encountered and architectural gems discovered during the course of the redevelopment process.