Dealing With NIMBY: How It Can Work In Your Favor, And When You Need To Call In The President
NIMBY: it's an acronym that sends chills down the spines of real estate developers. It's often the rallying cry of neighborhoods, and even the White House views it as a detriment to urban planning and affordable housing. We ID'd projects across the country that have dealt with neighborhoods in different ways.
Real estate pros need to be sensitive to the wishes of the residents who helped make these neighborhoods attractive to developers in the first place. For these residents, the fears of overbuilding and a development's scope are real. Developers who…
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Lennar's Multifamily Project Near Warm Springs BART Seeks Approval
Lennar's proposed rental housing project near the future Warm Springs BART station in Fremont headed to the city's zoning administrator for approval earlier this week. The 966-unit development will offer 13,100 SF of retail across three buildings ranging from 55…
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JP Morgan Chase Opens Commercial Bank Focusing On Tech In Silicon Valley
JP Morgan Chase just opened its first commercial banking office in Silicon Valley. The Palo Alto office at 310 University Ave will focus on technology and life science and is part of a larger national expansion to provide local and…
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San Francisco Law Firms Reinventing Offices
San Francisco law firms are feeling the pinch. At $65k/attorney rents, local firms are paying higher per attorney rents than any city aside from Washington, DC, and New York, reports The Recorder. Firms are cutting back on their space and…
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Major Shifts In Consumer Behavior Drag Down Hotel, Retail CRE Pricing
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Demand Remains Strong In The Most Expensive Retail Markets In The World
Having the perfect physical location in retail is increasingly important. As the retail landscape continues to shift in favor of omnichannel shopping, high-profile retailers in particular are searching for those iconic prime locations to expand their physical footprint as sales slowly move online.
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