This is pursuant to planning code section 295. And secondly you must grant a large project authorization pursuant to planning code section 329 to allow the construction of the two proposed fivestory, 58 Tall Buildings and allow modifications to requirements for rear yard under planning code section 124 and dwelling unit exposure and horizontal mass reduction under planning code section 270. 1. As a matter of background, the project went through before the rec and Park Commission finding that the new shadow hell to 0. 049 of the theoretically available annual sunlight is not adverse to the use of the park. Staff recommends that you take the two mentioned actions for the following reasons. First the project provides 111 new residential units of which more than 40 will be twobedroom units and project satisfies the Affordable Housing requirement through the provision of units onsite. The project utilizes roof debsing courtyards and private decks and publicly accessible open space to provid
Conditions. Second. Commissioner fong . Well, you beat me to it. Go ahead, you make it. [laughter ] incredible project and i am supportive of the project. Commissioner moore. Its a great day to see great architects on housing and we have been searching for Innovative Housing and i think we have seen three projects today that are doing it and im delighted to approve it with all the positive accolades, repeating what the neighborhood organizations already summarized, i think we are right ontarget here. Commissioner antonini. I think it would be remiss not to mention part of what we are voting on that we do agree that the shadow on esprit park is not significant and that is one of the votes that we will be taking because often times projects come up and with small impact, tiny impacts like this, become big issues. But i think it is a great project as are many others and im glad that the commission and public dont have any problem with the very small shadows that will result. On that thoug
When it came to building and maintaining Affordable Housing long before covid19. Back in 2020, a rhode island family earning the states Median Income couldnt afford to buy a home at the median price anywhere in the state. It has only gotten worse since then. Across the country, home prices have risen 13. 4 from last year, with the National Median price now at 416,000. In my state, the Rhode Island Association of realtors reports that the median price of homes sold in june 2022, reached an alltime high of 430,000. Thats 11. 7 higher than a year earlier. A large reason that homeownership is out of reach for Many Americans is that the inventory levels are so low. In recent months, sales have dropped as Interest Rates have increased, but nowhere near a balanced market. In a healthy Housing Market, there is usually 6,000 homes for sale at any given time. Right now our country hags less than a threemonth supply of homes and rhode island has less than a twomonth supply. As potential home buye
Drop box. Were going to look at what woodsides hire means for drop box. He is a long time google veteran. Google is famous railroad mapping the earth but its satellite images can be as old as three years old. Were going to look at the startups trying to change that. The two biggest Cable Operators in the country are joining forces in a deal ha is nothing short of shocking. Comcast agreed to buy time. Rner cable for 45. 2 billion this faces a length thay approval process. Fit goes through comcast will have sealed its dominance turnover industry. Weve got a great round table of guests to talk about this today. Jon erlichman is with us from l. A. Peter cook is in washington, d. C. With the regular tear angle. Understand new york alex sherman joining us. John, im going to start with you, how did this happen . We know that there has been reported a lot on this. This enter from chart tore get bigger. In a world where people have a lot of options outside traditional cable. Facebook, any big p
Dropbox. He is a longtime google veteran. Mapping themous for earth but the satellite images can be up to three years old. We are looking at the startups trying to change that. Our top story today, the two biggest Cable Operators in the country are joining forces in a deal that analysts say is nothing short of shocking. Comcast agreed to by Time Warner Cable. It faces a lengthy Regulatory Approval process. Comcast will have sealed this dominance over the cable industry. Jon erlichman is with us from l. A. , peter cook is in washington dc with the political angle. I will start with jon. How did this happen . This interest from charter, to get bigger in a world where we have a lot of options. It has to get bigger, more meaningful to people. Obviously, charter had this great interest in doing this deal. Time warner wanted charter to pay more money. The possibility of comcast acquiring some of the assets of Time Warner Cable. Along the lines, they ultimately decided that comcast was the be