News today that the Wellington suburb of Newlands is to get a new “executive subdivision” called the Lookout, sitting up on top of the hill overlooking the harbour. There are 48 lots, most fairly standard sort of 390m2 to 590m2 size (roughly a tenth of an acre to a sixth of an acre), with some larger one (probably mostly unusable hillside) up to 1370m2 (still just…