The Case for Luxury Housing
The Atlantic New market-rate development, even of the luxury variety, helps relieve pressure on local housing prices. 6:30 AM ET Sandy Carson / GalleryStock If you were intentionally designing a development to spark a NIMBY backlash, you might come up with something that looks a lot like 10 Clay. A brand new building located in Seattle’s formerly industrial Belltown neighborhood, it adheres to a modern aesthetic of poured concrete, muted tones, and floor-to-ceiling windows. True to form, the website for 10 Clay celebrates amenities such as granite countertops and stainless steel appliances....