Month: August 2026

Reading time: 2 MinutesPublic parking lots are an essential part of the facilities that residents of residential neighborhoods rely on every day, However, some neighborhoods are witnessing irregular practices such as reserving parking spaces with rocks, cones, chains, and other objects, thereby turning a public facility into a space monopolized by individuals and, in some cases, leading to disputes among neighbors, residents, and visitors. In addition … Read more

Reading time: 2 MinutesOthman Chliker: For decades, commercial real estate valuation has been based on three key elements: location, square footage, and technical specifications, These factors remain important today, but they are no longer sufficient on their own to explain what gives a work environment its true value, or why some spaces succeed in attracting people, while others—despite having similar specifications on paper—fail to make an impact … Read more

Reading time: < 1 MinuteThe Economics of Place: Not all places die as abandoned ruins; some die while at the peak of their bustle, demand, and high prices. New York’s SoHo neighborhood offers a striking example. In the 1960s, the neighborhood was not the upscale destination we know today; its old industrial buildings were falling into disuse, and artists found there ample space where they could work and live at a low cost. Rents for some of those spaces ranged … Read more