Damon Hemmerdinger
@damonhemmerding
Creating real estate value through Placemaking. Builder-developer-housing provider; brownfield remediator; placemaker-in-chief @campnorthend.
Finding institutional-scale capital to back this idea right now is a challenge … even an OZ deal in a great, mixed use location. I’m convinced well-located, well-designed, well-executed buildings in growing markets that manage to get started now will be a huge success!
here's the trade: 1) build with cheapest inputs in 5-years (labor even looking for work in some markets) 2) refinance into cheaper debt in 3-years with surging rent rates 3) watch your competition wait for cheaper debt to start buying & building with reflated inputs by 2026
👇👍
Looked up an off market warehouse. Found the LLC. Found the sellers. Found the trust. Found the daughter. Found her wedding planner. Now I’m on their Pinterest board trying to figure out when dad will need liquidity to cover this expensive ass wedding. Don’t judge my due…
Yes. Writing is not a second thing that happens after thinking. The act of writing is an act of thinking. Writing *is* thinking. Students, academics, and anyone else who outsources their writing to LLMs will find their screens full of words and their minds emptied of thought.
We live in the craziest times.
Howard Lutnick's investment bank Cantor Fitzgerald is offering to buy the right to businesses tariff refunds, basically betting that the courts will overturn the tariffs.
I’ve seen this video quote tweeted at least 20 times, but resisted it until now - how bad could it be, even with the scary hallway that I’ve seen screenshotted. Now that I’ve watched it, I can report that the house is so much worse than I could have imagined.
Fuck you money
How Traffic Alters the Social Life of Streets In his landmark 1972 study, Donald Appleyard showed how traffic influences social interactions & friendships. Heavy Traffic St. 🚗🚗🚗🚗 0.9 Friends😀 3.1 acquaintances Light Traffic St. 🚗 3.0 friends 😀😀😀 6.3 acquaintances
Cool photo
Rain is coming in from the west, but the sky is still blue in the east. So you can see the reflection of the blue sky in the windows of the World Trade Center
in case it's helpful in your housing development project, here's a wishlist of things i wish more buildings had, roughly ranked in order of how much impact i think they'd make for residents: (i currently live in a house in a semi-rural area, but i wish there were more…
When you shop with a small business at Camp North End, you’re often talking directly to the owner. Dean helps you find the perfect Jazz album. Brittni serves you a slice of amazing cheesecake. Jules knows the right plant for your living room. The list goes on! You’re not buying…
Actually, most Americans are not free to choose living in a walkable (car-light) neighborhood. That’s what urbanists and YIMBYs are trying to change. More choice of housing types for more people.
I’m all for people making money in a free market Doesn’t mean I should want a shitty small lot house in densely populated area Now.. you are free to want anything you like I’m not bothered
"Ban Cars" is a losing argument. Here's the pitch that wins: "We should build neighborhoods and cities where cars are an option, but not a necessity. Neighborhoods where you can walk your child to the park, and make a quick pitstop at the grocery store on your way home."
It's bizarre to think a person who adores walkable neighborhoods must hate cars.
I tried to evaluate the feasibility of exterior shades on the west elevation of a wood frame building. We didn’t get far… “never been done.”
I can understand the call for the UK and Europe installing more air-conditioning (it’s got hotter!) But, if that’s the case, there’s *also* the need to install more shading. This is social housing in Barcelona by the way…
Houses on smaller lots are less expensive. Houses on smaller lots make better use of infrastructure Houses on smaller lots permit density And smaller lots don’t prevent those who want bigger lots - or rural lots on govt land - from living there. They just create more…
No idea why anyone would want / desire SMALLER dwellings or lot sizes. (points 3,5,6,7).. Priority one.. free up government locked land for the citizens to live on.
With help from @Chris_Smeder, @JonathanHillis, @levin_phil, @devonzuegel, @damonhemmerding, @Cobylefko, @jansramek, @AustinTunnell and @davegordon14, I made this wishlist of changes that could make it easier to build more beautiful & walkable places. Somewhat ranked in order of…
Amazing. Now I need to make a new shirt!
There are public servants who love their job. And then there is Brooklyn Parks Commissioner Martin Maher, who loves his job so much he invites strangers to talk to him about it.
Landlords are too frequently forced to be zero-interest rate lenders.
"I’m going to make another $1,000 at my retail shop today, and I don’t care that I haven’t paid rent in months." The idea that a retail tenant can be open for business, serving customers all day, and just choose not to pay rent while the landlord has to spend months and…
this is why everything in NYC just feels different
Today I learned that Austin has a denser urban core than Portland (3km radius)
Justin Bieber agrees x.com/justinbieber/s…
This was the thing that first radicalized me about the traffic engineer’s disdain for human safety. Why wouldn’t the guardrail separate the car and the sidewalk?