Patrick Clark and Noah Buhayar, Bloomberg
The 2017 U.S. tax overhaul introduced favorable treatment for investments made in about 9,000 low-income areas. Some developers have reacted by constructing hotels rather than, say, hospitals or affordable housing. We like hotels but question using tax laws to max out their construction in places like Brooklyn's hip Williamsburg district.
3 weeks ago
Mary Holland, Bloomberg
Like many other neighborhoods in cities around the world, Downtown L.A. no longer resembles its image from your parent's generation and has transformed itself for the better. But some developers are wary that it'll become over-commercialized and lose its character.
1 year ago
Deepti Hajela and Michael Noble Jr., Associated Press
Real estate interests are trying to add SoHa to their previous Manhattan gentrification conquests, including SoHo, Nolita, Tribeca and Dumbo. Some are so time-worn that you forget they were ever called anything else. Residents of Harlem — yes, Harlem — are resisting the change as an attack on their identity.
2 years ago
Greg Oates, Skift
Hotels are promoting and engaging their local communities and partnering with a growing array of local independent businesses in an effort to create more options for travelers seeking “authentic” experiences.
4 years ago