Eric Edelman

Yesterday we closed on Atlantic Mills, a 350k sqft mill built in 1871. The same family has owned the mill since 1951! We’re keeping it as comm/flex space + would love #ReTwit ideas for potential uses of vacant space. Our biggest and most exciting preservation project yet!

An extremely rare case of someone dropping a fashionable opinion, and adopting an unfashionable one instead, because there's better evidence in favour of the latter. The world would be an infinitely better place if people did this more often.

We got another new study confirming that new "luxury" housing pushes down prices for lower-end units. slowboring.com/p/build-baby-b…

Restricting freedom of movement (exit visas, exit taxes) is one of the surest signs of a failing system.

A rail-centric urban development pattern requires very dense housing and very good public order. American progressives want the former while fighting tooth and nail against the latter. They want trains, but they don't want the kind of cities that support trains.

A RAND study of 144 California, Colorado, and Texas projects found California's affordable housing costs $640/sqft versus $228 in Texas. Slow permitting (49 vs. 27 months), impact fees 20x higher, and prescriptive design standards are the main drivers Link ⬇️

@Ben13Porter The most repulsive stretch of games I’ve ever watched.

My faith in the 2026 Boston Red Sox

To solve RI’s housing crisis, we must build more housing | Opinion providencejournal.com/story/opinion/… via @projo

New Penn-Wharton study shows per-capita federal spending on each age group: Seniors: $43,700 Children and young adults: $4,300. Clearly, the answer is to eliminate the FICA cap, use all "tax-the-rich" revenues on more SocSec & Medicare costs, and push that ratio to 15:1. 🙄

If senior citizens can get such a disproportionate amount of federal spending in order to supplement their consumption, then it's not unreasonable if tax policy on property moves them out of more valuable land that the young need to produce the tax revenue on which they depend.

Nothing like finding a great conversion opportunity and realizing the city has a significant unfunded inclusionary zoning mandate! Good job, way to go, you win. No development pencils.

@rohindhar The Expanse Series by James SA Corey (which is actually 2 writers). One of the two writers was George RR Martin's assistant. Game of Thrones as a hard sci-fi space opera is a pretty good description. Phenomenal series.

Just finished reading Children of Time by Adrian Tchaikovsky Was a bit more about spiders than I was anticipating, but has to be one of the best contemporary science fiction novels I’ve read😅 Anyone have any other recommendations for recently written sci-fi (say written in the last 20 years)?

Let's be clear: Spain: enacts rent control -> no more homes Argentina: ends rent control -> tons of new homes Rent control is a better way to destroy cities than dropping bombs on them.

@acquisizioni Thanks for stopping by!! Always enjoy learning from the master deal junkie himself

Fun tour of a historic tax credit office to resi conversion in the great state of CT. Good luck @ETHREEP0 and team!!!! (PS the last pic is for a fireman pole second form of egress bc a new staircase would’ve been too expensive. Gotta get creative, folks)

It's said developers will never build enough to lower prices. That makes no sense: "developers" are 1,000 individuals, none of whom can influence prices alone. It's also empirically untrue: US cities where rents fell most happen to be the places where developers built most.

Warren seems like a uniquely bad actor in the housing policymaking space. A hostility towards negotiation and a reluctance to accept that there could be any sort of thing as good faith disagreement. Good on Schatz for standing strong here.

tokyo adds 100,000 housing units a year in a city of 14 million and rents are flat. we add 50,000 units a year in a country of 330 million and rents are up 30%. the japanese did not discover a secret. they just permit things. it's not a mystery. it's a choice

In 2025, New York state permitted 37,885 homes. South Carolina permitted 45,564. New York is almost 4× the size of South Carolina, but it built 20% less. Median home price: NY: $599k SC: $376k NY is one of the only states shrinking in population. It's a choice.

The question isn't whether Americans prefer space or density. We live in a market economy and people can choose among different alternatives, according to price. The question is whether one side of a nearly 50/50 split should be able to ban the other side's preferences entirely

IRS net migration data is out of 2023: 🔴 Red states gained $37.2 billion in income and 492k filers. 🔵 Blue states lost ~$40.8B and 520k filers. CA −$11.9B, NY −$9.9B, IL −$6.0B, MA −$4.2B, NJ −$2.8B.