Is New Haven remaking its “model cities” 1960s vision or is it the Next Wave “Greatest Small City in America,” that is the question.
New painted bikeway paths, good. Attacking UBER, bad.
Start-up culture”, good. Supporting a gambling hall down the road, bad.
Life can be quite good, in the Elm City, if you’re a New York based developer, student, single, don’t have kids, and most especially NOT if you are homeowner or worse yet - a small investor improving your property, trying to find tenants.
New Haven appears to be booming, people crowd downtown, restaurants are hopping, even small retailers are doing some business. Yale’s property division, celebrates retail announcements and openings nearly weekly.
The University itself, even its endowment continues to grow and New Haven’s millennials are actually finding jobs.
Now with the success of the region’s other colleges UNH, Quinnipiac, Southern, a near critical mass of positive.
Apartment developers propelled by demographics, low cost money and even new construction technique have kicked off an apartment boom in cities across the country and New Haven has seen a steady stream of new large scale projects.
Literally thousands of apartments have been built in the past few years and many more are to come. New Haven Mayor Toni Harp has done a good job facilitating the developers and according to Apartmentlist.com New Haven rent increases, at least for the luxury market, is rising above the national average.
Each project however has made it harder for smaller investors, for single family and small multi-family home investments.
Did we forget to tell you about a new study, that New Haven is a leader in evicitions with more than 4% of renters being evicted, nearly double the New York Metro area and above the national average. Beyond the lost rent, the cost of evictions can be thousands of dollars for a small landlord.
New Haven has proven to be the ideal market for the “home sharing” service. The city has been historically underserved by hotels, has thousands of short term visitors, they are from across the financial spectrum, and importantly coming with a culture that fits well the Airbnb model.
New Haven does more than 60% of all the Airbnb business in the state, 11,400 arrivals, that is thousands of people in restaurants, in stores, on streets adding vitality.
Well apparently a few of these folks may not have been the best of guests and upset some neighbors, by parking in their driveway or parties etc.
New Haven’s go to.
“We need to regulate Airbnb,” how about rmaybe New Haven needs to connect with the regional manager at Airbnb. Better yet remember that taxes get paid when people have money to pay them.
Also perhaps New Haven's would be "regulators" need remember that not every neighbor, is a good neighbor and there are many neighbor to neighbor issues that can also be at play with complaints.
And are Aribnb issues really worse than the day to day of tenants that are problems, or even a neighboring homeowner itself.
New Haven had See Click Fix to report issues, well before there was an Airbnb.
It’s time for a little foresight, a little backbone and hopefully the Harp administration will realize that you can’t let every wanker pull your chain.