The real estate appraisal industry, like most industries, is stuck in old thinking. Perhaps the worst of this thinking is the term and concept of Neighborhood. Most people correctly understand neighborhood as a collection of homes and perhaps businesses near their homes. Google images of neighborhood and you get what most people imagine a neighborhood [...]
I read an interesting article in the New York Times about the Bullitt Center, a 50,000 square foot office building in Seattle billed as the, "Greenest Commercial Building in the World." In order to learn more, I interviewed Dr. Arbol Abrazo, Dean of Environmental Studies at Sequoia University in San Francisco, who worked on the project. PP: Dr. Abrazo, [...]
As more and more people are working from home, the effects on existing office space and office development are well-known: vacancy has increased and stayed stubbornly high and the rural corporate campus design has fallen out of favor. Desk- and job-sharing are now commonplace. But if all of these people are working from home, what are home [...]
Hot off the presses is an issue paper published by the Rutgers University Bloustein School of Planning and Public Policy entitled Reinventing the New Jersey Economy. http://policy.rutgers.edu/reports/rrr/RRR33dec12.pdf. The paper was written by James W. Hughes, Dean of the Bloustein School and Joseph J. Seneca, a Professor in the Bloustein School. The report initially focuses on employment trends [...]
