Duplexes and townhomes do not always make housing cheaper

Not every housing policy labeled “affordable” is actually designed to make housing more affordable. That is the central problem with today’s “missing middle” debate. Across the country, duplexes, triplexes, courtyard apartments, townhomes and small multifamily buildings are being promoted as the solution to America’s housing affordability crisis. The argument sounds clean and appealing: allow more […]

Florida county’s impact fees put new Live Local projects at risk

Indianapolis-based apartment developer Milhaus started building an apartment project in Manatee County, Florida, under the state’s Live Local Act after securing its funding earlier this year. It may be one of the few to be built in the county, next to Sarasota, under the law, until lawsuits over a major increase in impact fees are […]

At $32, Dream Finders-Beazer risk is now double-jeopardy

[Editor’s note: This is the second of a two-part article in the aftermath of filings this week from Dream Finders Homes and Beazer Homes, as Dream Finders pursues Beazer as an acquisition target. Here’s the link to Part 1].  The surface question in the Dream Finders Homes–Beazer Homes takeover contest is the one everybody is […]

The $32 Beazer bid is in, now the fight is over standstill terms

A little more than a month into a hostile homebuilder takeover saga that has not quite reached midsummer, Dream Finders Homes’ pursuit of Beazer Homes is beginning to resemble a Shakespearean tale of unrequited love. The ardent suitor has returned again. And again. The latest offering is richer: $32 per share in cash, up 24% […]

NYC office conversions face scrutiny after Pfizer HQ incident

Buckling columns at the former Pfizer headquarters this week forced evacuations across seven Midtown East blocks. The incident raises new questions about office-to-residential conversion, one of several tools the city has used to add housing. It is also a tool Mayor Zohran Mamdani leaned into because it fit his affordability narrative. Mamdani has framed housing […]