A growing national and international trend has landed on the shores of New York City. Watch this trend as it sweeps through major cities throughout the country in the coming months. American cities, especially large ones, began repurposing urban areas some time ago. The results were exceptionally positive. Revitalized areas generated new tax revenue, crime […]
A recent California Supreme Court ruling could result in big changes for developers. Affordable housing has become one of the highest priorities for public officials, and California is only one of many states that now require developers to allocate some portion of new housing units to affordable housing units. In other words, some of the […]
Community and technical colleges are changing the face of education – and they are contributing to economic development in the most critical of ways as they increase their focus on technical education. Politicians and lawmakers may take credit for bringing business to a state, but it is the community and technical colleges that make the […]
American ports create 13 million jobs and generate more than $200 billion each year in federal, state and local taxes. Taxpayers rarely think about them and elected officials tend to underfund them. In spite of that, America’s ports are huge national assets and they will have even greater value in the very near future. Experts […]
Motorists like the price of gasoline, but cheaper oil is taking a toll on the country’s economy. State and local governments are feeling significant pain. Large amounts of revenue flow into government coffers through severance taxes, production fees and sales tax revenues generated by people with jobs tied to the oil and gas industry. The […]
The “sharing economy” is upon us – ride sharing, home sharing, car sharing and more. Services like Uber and Lyft are available, and legal, in many major cities. Thousands of properties – homes, condos and apartments – are listed on Airbnb and HomeAway. Car rentals and pet kenneling are offered through individual exchanges. In some […]
Two weeks ago, President Obama stood before Congress and addressed the nation with his State of the Union Address. Some dislike this long-standing precedent and argue that it is outdated. However, it is a requirement of the Constitution and the same type of ceremony takes place at almost every level of government throughout America. There’s […]