Some cool business listings images:
BMH01
Image by McBeth
pretend along with me?
let's pretend that you've been browsing the local real estate websites in search of Your Next Home and you come across one that says 'this 150 yr old bldg was once a business but has been gutted and completely renovated on the outside. The inside is being left in this condition for buyer to choose whether it will be retail space downstairs or a living area downstairs. From the sounds of the listings it appears as though the upstairs could also be made into either one generously continuing living space to extend that first floor environment and that you'll find a similar mostly-gutted condition upstairs on the 2nd story looking like this picture.
Pretend you love it and that you decide to buy the place. How much do you think you'll realistically be spending on the walls, floor, etc. if you want to make this building your home?
I don't know what kind of wiring is necessary for kitchen, bath, etc. but creating those would also have to be part of your financial factoring.
No cheating, please do not look on your neighbor's paper for the answer. Use a no.2 pencil and erase completely. (thank you)
Long-Term Sea Level Rise Could Cost Washington, D.C. Billions
Image by University of Maryland Press Releases
COLLEGE PARK, Md. - A University of Maryland study projects that Washington, D.C. city and federal property could suffer billions of dollars in damage if sea level rise from global warming increases over the next century. Potential for significant damage will be even greater in the event of extreme weather like Hurricane Sandy
The study by Civil and Environmental Engineering Professor Bilal Ayyub, Haralamb Braileanu and Naeem Qureshi, of the Clark School of Engineering's Center for Technology and Systems Management, looks at possible long term effects of projected sea level rise on Washington, D.C. real-estate property and government infrastructure. They conclude that over the next 100 years, continuing sea level rise could cause damages of more than .6 billion to Washington's commercial property, museums, and government agencies.
The study, "Prediction and Impact of Sea Level Rise on Properties and Infrastructure of Washington, D.C.", appears in the November 2012 issue of Risk Analysis, published by the Society for Risk Analysis.
Current trends and predicted increases suggest the nation's capital is likely to face flooding and infrastructure damage brought about by sea level rise linked to thermal expansion of the oceans and melting of global ice sheets caused by global warming.
"Climate change not only results in increasing the sea level but also the annual rate and intensity of storms," says Ayyub. "Our loss predictions at high sea levels are partly intended to account for these extreme storms. However, due to lack of information available to us, they underestimate direct losses by not considering, for example, underground utilities, or including economic valuations of interruption of business and government operations."
Bolling, FBI, IRS
Using Geographic Information System (GIS) tools, data from government agencies and real-estate listings for property values, the University of Maryland researchers compared their results to models on sea level rise generated by authoritative international bodies and experts.
The results, based on what the authors say may be an optimistic model, show that the current rate of sea level rise in Washington, D.C. is about 3.16 millimeters per year. At the low levels of increase expected in the near future, sea level rise would lead to a minimal loss of city area. However, if sea level rises 0.1 meters by the year 2043, flooding about 103 properties and other infrastructure, damages would cost the city about .1 billion. Bolling Air Force Base would have 23 buildings impacted.
If sea level rise were to reach 5.0 meters over the next 100 years, the authors warn of significant damages, in excess of .6 billion, to commercial buildings, military installations, museums and government agencies, including the Federal Bureau of Investigation, the Justice Department, the Internal Revenue Service, the Federal Trade Commission and the Department of Education.
Extreme Weather Effects
While a long-term rise of 5.0 meters is considered unlikely, it may represent storm surges and waves created by extreme storms such as Hurricane Sandy, Tropical Storm Isabel in 2003, and the high tides and rains in April 2011, which triggered waterfront flooding in the city and Northern Virginia.
The study recommends that "Decisions must be made in the near future by lawmakers or city planners on how to reduce the impact of and adapt to sea level rise. Cost-effective methods to deal with sea level rise should be developed, and long-term solutions that extend well into this millennium are necessary."
The full study is available at Wiley Online Library - onlinelibrary.wiley.com/doi/10.1111/j.1539-6924.2011.0171...
The University of Maryland is a public research university located in the city of College Park just outside Washington, D.C. The University of Maryland was founded in 1856 and is the flagship institution of the University System of Maryland. As a Public Ivy institution, it has a fall 2010 enrollment of more than 37,000 students, over 100 undergraduate majors and 120 graduate programs. Its Center for Technology and Systems Management, directed by Professor Bilal Ayyub was founded in 1996 to leverages the expertise of both in-house experts and external associates to offer the capabilities for making intelligent decisions in areas of systems engineering that encompasses functional modeling, technology forecasting and assessment, human and organizational factors, and expert opinion elicitation; reliability, risk, statistical and decision studies that include risk analysis and management, risk-based regulation development, risk profiling, modeling and analysis, risk-based decision making, multi-criteria ranking and decision making, as well as failure, crash and accident investigation including forensic engineering; and project management that includes scheduling with network optimization and equilibrium problems.
Contact: Ellen Ternes - eternes@umd.edu
