Posts tagged Vacant Property
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Breakfast links: New Metrorail faregates curbed rate of evasion by more than 70%
New Metro faregates reduced rate of fare evasion by over 70%. Baltimore MobilityLink drivers demand better pay, bedbug mitigation in vehicles. Environmental groups sue to stop Virginia pullout from greenhouse gas initiative. Keep reading…
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National links: What to do with empty storefronts
How to fill vacant storefronts. The era of cheap ride-hailing may be over. How highways and housing have impacted our urban fabric. Keep reading…
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“No vacancy” is a problem when people need homes
“Now Leasing” signs seem to be ubiquitous on apartment buildings across the region, from the eerily dark new high-rises downtown to well-worn mid-century garden apartments with colorful banners out front. Yet at the same time, experts agree that the area has a housing shortage. What gives? Keep reading…
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Why is that house or storefront vacant?
In an area like DC where the population is growing, one question often vexes neighbors: why is that house or storefront vacant? It just doesn’t seem to make sense. Why do landlords leave properties empty when they could be getting rent? Keep reading…
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Baltimore’s peers have lessons for Charm City’s $1 home program
As a followup to our initial post about Baltimore's potential $1 home program, we decided to take a look at how successful these initiatives have been in other cities. People line up for dollar homes, but in most cases the initial enthusiasm meets the tough realization that a $1 property would not be habitable from day one. Keep reading…
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Baltimore may sell homes for $1 instead of demolishing them
Baltimore's population decline has led to a dearth of buildings, some which have been left to deteriorate. Now the city is considering a measure that would allow people to buy homes for $1 instead of demolishing them. Keep reading…
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DC has over 14 million square feet of vacant office space. What if some became homes?
While there's a glut of empty office space in downtown DC, there is a dearth of homes available for rent or purchase in the area. Could tax incentives to transform vacant offices into homes help with the city's housing shortage? Keep reading…
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How Vornado’s Skyline portfolio tells the story of office vacancies region-wide
A giant office complex in Fairfax is sitting empty, and it recently sold for far less than its assessed value. This is becoming more common in our region’s outlying areas thanks to the economic shifts that have happened over the last decade along with a growing demand for office space near transit. Keep reading…
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This is why some houses sit vacant for a long time
Filling vacant properties might seem at first to be an easy, obvious way to put more people into houses. But while there are times when vacant properties are owned by investors who could readily fix them up and make them habitable again, there are others whose complicated ownership situations take a lot of time and effort to resolve. Keep reading…
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Breakfast links: Can you afford it?
Race and riches; Vacancies will cost you; Potomac Yard is a go; Right to die in DC; Tell tellers goodbye; Paid family leave, sort of; Register now. Keep reading…