Eminent Domain May Rescue a Struggling Senior Complex in Pittsburgh—but at What Cost to Residents?

Pittsburgh officials voted in December to pursue eminent domain against a troubled senior housing complex, putting a spotlight on a legal tool that allows governments to take private property for public use—and... Read more »
Legendary Clifton’s cafeteria is reopening in a struggling downtown L.A.

Legendary Clifton’s cafeteria is reopening in a struggling downtown L.A.

Andrew Meieran is about to reopen the doors of one of L.A.’s legendary restaurants in a bid to once again make it an offbeat dining and entertainment destination. Meieran is the proprietor... Read more »
Half of American households are struggling to cover rising housing costs

Half of American households are struggling to cover rising housing costs

Since the spring of last year, a typical family with a median income has not been able to afford a median-priced home, according to the National Association of Realtors’ (NAR) Housing Affordability... Read more »
A century-old sustainable housing idea is struggling

A century-old sustainable housing idea is struggling

An employee checks the external casing with a spirit level in a modular house at the Tophat factory in Foston near Derby, UK, on Tuesday, Sept. 12, 2023. Bloomberg | Bloomberg |... Read more »
Half of American households are struggling to cover rising housing costs

NYCB, a struggling $78B resi mortgage servicer, to receive $1B equity investment

The Long Island-based bank was under more pressure after rating agencies Fitch and Moody’s downgraded its debt ratings on March 1. This followed the company’s disclosure of internal control deficiencies and a... Read more »
Rents finally falling, but not in OC. People are struggling

Rents finally falling, but not in OC. People are struggling

While rents in Los Angeles and many other parts of the U.S. have dropped or stabilized in recent years, Orange County tenants have seen no such relief, with rents that have either... Read more »