Kensington Micro-apartment Proposal Shows How Darrell Clarke's Parking Minimums Bill Would Hurt Housing Affordability
Lots of people like to complain about the price of new construction apartments, and say they want to see developers producing less costly housing. Developer Allan Nadav agrees, and he is proposing a new 49-unit building at 1613-27 Germantown Avenue in Olde Kensington whose 440-square foot studio apartments would rent for just $750 a month.Read more
Back in 2014, the City of Philadelphia created a Land Bank to manage the disposition of the City's huge stockpiles of vacant property. Philadelphia owns a lot more land than most other big city governments do, and people on all sides of this issue generally agree it would be a good thing if we owned less.