Leasehold Properties: A Deal or a Drain?
While most of the state’s leasehold single-family properties have converted to fee simple ownership over the past few decades, the leasehold option remains alive in the condo market.
Real Estate
High-Rises Design Inspired by the Ocean
It’s not your imagination, Honolulu is packed with high-rises. In fact, it ranks sixth in the United States —right behind San Francisco—and 30th in the world among cities with the most skyscrapers, according to Emporis, a building-industry information clearinghouse. Since…
Parting Shot: Digging Rocks
Thursday, 11:57 A.M. Makakilo Quarry, Oahu Photo by Bob Hayes >> Chris Hermosura, Grace Pacific’s quarry plant superintendent, left, and bulldozer operator Patrick Valmoja scope areas for basalt limestone aggregate. Each year, the company produces more than a million tons…
Hawaii Leads Nation in Steel-Framed Homes
More than 70 percent of new-home construction in Hawaii uses cold-steel frame studs in place of traditional wooden two-by-fours. “No other state comes even close,” says Tim Waite of the Hawaii Steel Alliance. “Second place goes to Australia.” On the mainland, steel framing is frequently found in multifamily…
Luxury Double-Penthouse
When one penthouse isn’t enough, why not combine two? That’s what’s happened at One Ala Moana, the luxury tower being built above Nordstrom at Ala Moana Center, where a pair of condos recently fetched a combined price of $17 million, according to developer B.J. Kobayashi. One Ala Moana is…
Parting Shot: Laying the Foundation
Tuesday, 11:50 AM Coulter Construction, Manoa Valley Photographer Twain Newhart >> A crew from Coulter Construction lays down the concrete foundation for a custom-built home in Manoa. Pouring the concrete takes a week, but site preparation starts weeks in advance. The…
Riding the Up-and-Down Construction Cycle
The coming construction boom will be very different from the last one: different kinds of projects, new ways of financing and maybe fewer rising costs. It’s often hard to say exactly when the business cycle turns. Some date the end…
Professional Videos sell Real Estate
Imagine buying a home without visiting it. That’s what a California buyer did to a Waikiki penthouse listed by Realtor Margaret Murchie, thanks in part to a video the buyer first saw on YouTube. Such videos, unlike a virtual tour,…
Snoop on Your Neighbors (Or Yourself)
ver wondered what the people down the street paid for their house? Who owns that office building on the corner? Whether your home is in the flood plain? Which city council member to complain to about that pothole? All that…
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