Davriellelouna@lemmy.world to Fuck Cars@lemmy.worldEnglish · edit-21 month agoChicago no longer requires new housing to include parking. It's making housing construction more affordable. For decades, developers were forced to build parking and buyers were forced to pay for it.citythatworks.substack.comexternal-linkmessage-square47linkfedilinkarrow-up1304arrow-down110
arrow-up1294arrow-down1external-linkChicago no longer requires new housing to include parking. It's making housing construction more affordable. For decades, developers were forced to build parking and buyers were forced to pay for it.citythatworks.substack.comDavriellelouna@lemmy.world to Fuck Cars@lemmy.worldEnglish · edit-21 month agomessage-square47linkfedilink
minus-squareBarqsHasBite@lemmy.worldlinkfedilinkEnglisharrow-up23·edit-21 month agoDYK Chicago sold their street parking to Morgan Stanley for 75 years for $1 billion? It took Morgan 15 years to recoup their money and now it’s all profit. If Chicago wants the parking for a parade, maintenance access, etc, they have to pay.
minus-squaremojofrododojo@lemmy.worldlinkfedilinkEnglisharrow-up5·1 month ago If Chicago wants the parking for a parade, maintenance access, etc, they have to pay. and get preapproval. it’s ridiculous.
DYK Chicago sold their street parking to Morgan Stanley for 75 years for $1 billion? It took Morgan 15 years to recoup their money and now it’s all profit. If Chicago wants the parking for a parade, maintenance access, etc, they have to pay.
and get preapproval. it’s ridiculous.