Daniel Warwick

Meta is shutting down its VR metaverse on June 15th.

In 2022, James Talarico said it’s “existential” to reduce meat consumption to fight climate change. "I am proud to say that our campaign has officially become a non-meat campaign... We are only buying vegan products from our local vegan businesses."

Boston City Hall opened to the public 57 years ago. The building is one of the most famous examples of Brutalist architecture, a style known for its raw concrete, bold shapes, and focus on structure over decoration.

On this day, 10 years ago in 2016… The entire Metrorail System was shutdown for emergency repairs and inspections.

I built my first apt project in 1983 as TCR partner. I've developed over 30k units since. There's a lot in this world I don't know about, but i do know the rental apartment business and its history over decades -Branding attempt is nothing new. We and many of our large competitors tried to create premium value by branding. And it's been attempted again over the years. The reality however has been that apt renters don't give a $hit about whether their bldg is branded. If I'm $15/mo higher than the property down the street I lose the tenant. -Attempts at achieving a vibes premium: Again nothing new. We've all tried this too. The reality is that our residents don't emerge from a cocoon with no existing relationships or social circle. They have friends who live elsewhere who they congregate with. They form their social networks organically and based on fit, not artificiality from happening to live in the same bldg. We've found that our residents actually prefer some separation and personal space in their lives rather than replicating their college dorm experience. It's like SoHo House brought the rental apartment business. Might sound good in concept but a big money loser in reality.

Mamdani wants NY to cut its estate tax exemption threshold from $7.3 million to $750,000 while raising the top estate tax to 50% from 16%. That modest one-bedroom apartment you wanted to leave your family to help them get on the property ladder? The mayor will take half of it.

what adam neumann is doing now is such an obviously good idea. most of american life unless scheduled is super isolationist so you rarely get those spontaneous interactions with ppl.. this sorta flips that around right at the point of where ppl spend majority of their lives. anyway, it’s super duper interesting to see the wework model applied to residential.

85 people have paid the $100,000 H-1B fee so far, totaling $8.5 million in revenue. But fee revenue from H-1B apps abroad is down $28 million. So the fee — justified by a paper claiming the revenue-maximizing fee was >$100,000! — appears to have lost the government $20 million.

The fact that the only way to meaningfully lower housing costs requires letting capitalists make a lot of money building new homes kind of breaks some people’s brains.