The implications of condominium neighbourhoods for long-term urban revitalisation

The distribution of perceived advantages and disadvantages of infill development among owners of a commonhold and its’ implications

“…Prior research has focused on the operational and governance challenges presented by the apartment ownership structure in urban renewal. There, urban renewal refers to the termination of the residential development as a legal entity, further demolition and rebuilding with higher densities (Sherry 2006;Christudason, 2009 andEasthope et al 2013;Harris and Gilewicz 2015;Troy et al 2015 andWebb and Webber 2017;Leshinsky et al 2018). Furthermore, research on limited liability housing companies, which is the focus here, contributes to the literature on implications of different apartment ownership structures for the possibilities of densification.…”

“…In many inner city and suburban areas, intensification is greatly complicated by the property ownership structure (e.g. Webb and Webber 2017;Laine et al 2018;Leshinsky et al 2018). Properties are often multi-owned housing developments or under similar apartment ownership arrangements.…”

“…The operational and governance challenges stemming from the apartment ownership structure in urban renewal have been highlighted in many jurisdictions (e.g. Sherry 2006;Christudason 2009 andEasthope et al 2013;Harris and Gilewicz 2015;Troy et al 2015 andWebb and Webber 2017;Crommelin et al 2018;Leshinsky et al 2018). These challenges concern hold-out problems, owners' conflicting interests and values, the rights of minority owners and balancing between collective and individual interests (Christudason 2009 andEasthope et al 2013;Harris and Gilewicz 2015;Troy et al 2015: Webb and Webber 2017Leshinsky et al 2018).…”

“…The first is the termination of the scheme as a legal entity, and further demolition and rebuilding with higher densities (e.g. Sherry 2006;Christudason 2009;Easthope et al 2013;Harris and Gilewicz 2015;Troy et al 2017;Webb and Webber 2017). This type of intensification is often referred to as urban renewal or regeneration.…”

Reducing Seismic Vulnerability and Energy Demand of Cities through Green Infrastructure

“…The large amount of single private properties in the compound such as apartments and garages, mixed up with shared assets such as lobbies, staircases and lifts but also walkways, green spaces and park plots, represents a real obstacle for implementing any kind of intervention. A property asset with a high number of private landowners implies a challenging decision that needs to address the willingness and the financial means of all owners in the compound [39]. However, these results appear promising because efforts to reduce the seismic vulnerability of the existing real estate are limited and urban policies for seismic risk mitigation are still at an early stage of development [20].…”