Double Standards: Why Developers Yield the Spotlight

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Double Standards: Why Developers Yield the Spotlight

The recent completion of the JFK Hilton conversion to affordable housing, now known as the Baisley Pond Park Residences, offers a clear case study in the optics of modern real estate. While the project was a private venture led by Slate Property Group and RiseBoro Community Partnership, mainstream media and official announcements focused almost exclusively on Governor Kathy Hochul. Despite the state’s financial contribution covering less than a third of the total cost, the narrative was framed as a direct achievement of the administration.

This dynamic exists because the interests ...

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Nearly 5K resi units in the pipeline along the U.S. 1 and Metrorail stations in Miami-Dade

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Nearly 5K resi units in the pipeline along the U.S. 1 and Metrorail stations in Miami-Dade

In a rush to tap into the potential of transit-oriented sites, developers in Miami-Dade have unleashed a wave of residential towers along U.S. 1, predominantly capitalizing on the density and height opportunities provided by Metrorail stations. A comprehensive analysis reveals a pipeline of nearly 5,000 units comprising apartments, spanning completed, under-construction, and proposed projects from Dadeland Mall to Coconut Grove.

While some projects, such as Grove Central by Terra and Grass River Property, align with Metrorail stations through public-private partnerships, others, like Fortune Development Group’s ...

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