Articles in the Real Estate Category
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Why can’t Youngstown redevelop its downtrodden neighborhoods the same way Philadelphia has?
Willy Staley asks Youngstown Community Organizer Phil Kidd this question in the latest issue of Next American City.
“The most straightforward, and obvious problem for cities in decline is the way that the Department of Housing and Urban Development doles out its funds,” Staley writes. “The grants are not competitive; cities must apply, but the size of the grant is determined by a formula.”
The formula is weighted by population, so as Youngstown bleeds population, its HUD money shrinks as well. Meanwhile, the destruction caused by vacancy and abandonment cries out for attention.
Featured, Race Relations, Real Estate, The Media, U.S. Auto Industry, Urban Poverty »
The New York Times is carrying an interesting article about the city of Memphis and the shrinking ranks of the local black middle-class.
As a result of predatory lending and job loss, residents the majority-black city have seen decades of economic progress reversed, The Times reports. The article focuses on the role played by Wells Fargo, and outlines the mortgage lender’s targeted efforts to sell high-interest loans in black neighborhoods. The results are hallowed out neighborhoods and declining wealth for blacks and latinos in metro Memphis.
According to the article, the weath …
Crime, Economic Development, Good Ideas, Real Estate, regionalism, Rust Belt Blogs, sprawl, The Housing Crisis, The Media »
Some good reporting from Tube City Almanac on the efforts of McKeesport, PA, to demolish vacant and abandoned properties.
-KG
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A native of Indianapolis, I could always tell that there was a difference between my hometown and Cleveland, where I lived for several years. Both were Midwest, working-class types of towns, but Indy was more suburban, less dense, kind of like Cleveland without the hard edges.
According to a recent report from the Brookings Institution, The State of Metropolitan America, understanding the differences between Indy and Cleveland — or Columbus, or Pittsburgh, or Minneapolis — is a crucial part of understanding each city’s individual fix. The 172-page report, which already has received praise from mainstream pundits such as David Broder, compiles data from the U.S. Census Bureau’s American Community Survey to paint a demographic portrait of the United States, focusing on the 100 largest metropolitan areas.
Good Ideas, Real Estate, regionalism, Rust Belt Blogs, Urban Planning »
The Atlantic magazine has a special section on ‘The Future of the City.’
There’s lot of really interesting stuff here, from local currencies to Robert Moses.
-KG
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architecture, Art, Economic Development, Good Ideas, Headline, Real Estate, regionalism, The Big Urban Photography Project, Urban Planning »
Check out these before and after pictures of St. Louis’ Crown Square, provided by the Natural Resources Defense Council.
The once dilapidated commercial plaza has been restored as part of a larger neighborhood revitalization strategy led by the Old North St. Louis Restoration Group, and it’s attracting national attention.
For more than two years, this revitalization effort has centered around an eight-block area in city’s Old North neighborhood.
“The new Crown Square will be mixed-use and walkable, containing apartments as well as commercial spaces, some sensitive new
Economic Development, Featured, Good Ideas, Real Estate, regionalism, Rust Belt Blogs, The Housing Crisis, The Media, U.S. Auto Industry, Urban Planning »
From the Flint Journal via Flint Expatriates:
Former Genesee County Treasurer Daniel Kildee is pushing for reforms to allow local governments to sue property owners who don’t take care of their homes- the proposed system would allow the Genesee County Landbank to recover costs of cleaning and fixing up homes, according to Flint Expatriates.
I’m curious to see if this idea goes further. A few years ago, when I was writing stories about vacant properties in Lorain, Ohio, Kildee’s Genesee County Landbank was often cited as a model other cities should copy.
Kildee …
architecture, Art, Economic Development, Featured, Good Ideas, Real Estate, regionalism, Rust Belt Blogs, The Big Urban Photography Project, The Media, Urban Planning »
Exciting news: There will be Jane’s Walks (neighborhood tour/walks in the spirit of urbanist Jane Jacobs) in both Cleveland and Pittsburgh -along with dozens of other cities- on Saturday.
Click here for more information about the walk Saturday, May 1, in Pittsburgh in the Polish Hill neighborhood (pictured above).
Click here for more information about the walk Saturday, May 1, in Cleveland in the Ohio City neighborhood.
It looks like John Morris at Digging Pitt (a frequent RustWire reader and commenter) helped organize and push for this in these communities, so thanks for …
Art, Economic Development, Politics, Real Estate, The Housing Crisis, The Media »
Here’s a movie I can’t wait to see: Cleveland vs. Wall St.
The documentary will be screened at the Cannes Film Festival, Reuters reports, and follows victims of foreclosure facing off against banks.
-KG
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