Playing with fragile commercial real estate is like playing with fire.
real estate
Posted inHousing
Child Death Sparks Reconsideration of Private Equity–Owned Affordable Housing
A two-year-old died in Section 8 housing in Pittsburgh, in one of over 130 federally subsidized properties owned by private equity firm Vitus.
Posted inHousing
Shlock and Awe
The Los Angeles fires shine a light on the wretched excess of the very rich.
Posted inMoney, Politics, and Power
Philadelphia’s Chinatown Is Victorious
In a major triumph for civic activists, the billionaire owners of the city’s NBA team backed out of an arena project that had been approved for the neighborhood.
Posted inTAP
The L.A. Apocalypse Was Entirely Predictable
Today on TAP: The hills above my hometown regularly catch fire, and developers regularly build there nonetheless.
Posted inMoney, Politics, and Power
Winding Up a Wrecking Ball for Downtown Philadelphia
76 Place, a controversial NBA arena proposal, has drawn criticism most recently from the transit agency expected to serve it, but team owners have steamrolled the city council into submission.
Posted inMoney, Politics, and Power
Philadelphia Chinatown Fights Back
The 76ers, the city’s basketball team, has the studies and the mayor lined up for a new arena. Residents and allies believe their homes and culture are more valuable.
Posted inPolitics
CA-41: Will Rollins Connects the Dots
In a tight race in the Inland Empire of California, Democratic challenger Rollins ties his opponent Rep. Ken Calvert’s real estate escapades to the area’s high housing costs.
Posted inHealth and Social Policy
‘Steward Health Are Health Care Terrorists’
A fiery Senate committee hearing promised accountability for hospital looter Ralph de la Torre, but new raids are already under way at the hospitals and the broader health care system.