Providing “affordable housing” in the midst of a price surge on the East End of Long Island, N.Y., is challenging enough—but the additional political wrinkles that come with each specific project were on display this month at a community-board meeting in the North Sea hamlet of Southampton town. It took place not far from whereContinue reading “When YIMBY Comes to a Southampton Hamlet”
Tag Archives: housing
Hamptons Living With a (Tree) Farm View
In the hypermarket that is today’s Hamptons real estate, a property bordering on an agricultural reserve has a powerful selling point. Anyone with a few million can have a McMansion, but is your vista protected from somebody else’s development? Still, there are reserves, and then there are reserves. And what I picked up from aContinue reading “Hamptons Living With a (Tree) Farm View”
Affordability May Hit the Fan Again in Southampton
New and potentially partisan battle lines over “affordable” housing–or overdevelopment, if you prefer–are forming in Southampton town. It’s a tussle that has shape-shifted over recent decades but is now resulting from New York Gov. Kathy Hochul’s carrot strategy with local governments. After Long Island in particular bucked her earlier plans to intensify residential building inContinue reading “Affordability May Hit the Fan Again in Southampton”
Home Prices Tend to Level Out, If Not Off
Wait long enough, and many difference in residential real-estate prices get arbitraged away. That’s one takeaway, at least down to the metropolitan area, from this week’s data release from the Federal Housing Finance Agency (FHFA). It shows several instances of catch-up by areas of the country that have been less favored in recent decades. MaybeContinue reading “Home Prices Tend to Level Out, If Not Off”
The Housing Issue Begins to Bite
As we’re reminded constantly, the U.S. is an increasingly polarized society, politically and otherwise. It is getting ever more so “otherwise” in the housing market, where many enjoy rising property values and easy mortgage payments while others are pressed for shelter anywhere near their desired locations. This affordability issue has gained steam, and is causingContinue reading “The Housing Issue Begins to Bite”
Long Island Supe Wants to Build
Even with diminished editorial resources, like most “dailies,” Newsday remains often the only public-affairs coverage resource for much of its home base of Long Island, N.Y. So this week it reported the striking pledge of the new town supervisor in Brookhaven to open up housing development there. Republican Dan Panico said he would seek to eliminateContinue reading “Long Island Supe Wants to Build”
Tight End of the College Sports Craze
Sometimes journalists look for the opposite of the silver lining. That’s the case with this month’s New York Times report on how the now-giant business of “college” football has tightened the home-rental markets in university towns hosting big sports events. Viewed commercially, one great aspect of the NCAA-bred fandom is that it has spread wealthContinue reading “Tight End of the College Sports Craze”
Tim W. Ferguson 