Sentences with phrase «apartment developers who»

Crowdfunding websites are becoming an important piece of the real estate financing puzzle, especially for apartment developers who need a little extra debt or equity to complete their plans...

Not exact matches

The New York Central accomplished this by selling its «air rights» — a new thing at the time — to real estate developers who built neoclassical apartment towers that still line the city's Street of Dreams, the most exclusive residential enclave in America.

Consolidated Properties» Lachlan Grantley, who has pre-sold all 340 apartments in the developer's 40 - storey high - rise apartment tower Spire currently under construction in Brisbane, said the tighter and more expensive financing for buyers and developers, as well as taxes on foreigners, had started to bite.

The only way community banks can compete with commercial banks is to undersell them or make an even bigger loan to the developers, and even bigger loans to the people who are trying to buy their apartments to gain security in housing from rent increases by going deeper into debt.

In 2012, she dismissed a suit brought by Bank of America against troubled developer Kent Swig who had lost a fortune in the financial crisis, after Swig defaulted on $ 17.6 million in loans tied to his Upper East Side apartment.

In a property tax case that could set a precedent for towns trying to lure developers, Arlington Heights is fighting the owners of an apartment building in a special taxing district who want to lower their property value assessment.

The governor undercut the mayor by arguing that state law should obligate developers — who endorsed Mr. de Blasio's ideas — to pay construction workers prevailing wages, a requirement Mr. de Blasio asserted would cost the city dearly needed new below - market apartments.

Alicia Glen, Mayor Bill de Blasio's deputy mayor for housing and economic development, told the City Council today that obligating developers who receive the controversial 421a tax break to pay construction workers prevailing wages could result in 17,000 badly - needed below - market apartments not getting built — and argued that the demand for low - cost housing trumps the call for union jobs.

After many fits and starts, the De Blasio administration is again trying to find a developer who can transform the hospital into at least 300 affordable apartments.

The plan calls for the creation of low - equity housing cooperatives, reinvesting in NYCHA housing, developing community land trusts, creating tax abatements for developers and entrepreneurs who bring business into Central Brooklyn and hire local residents must be encouraged to hire locally, offering quality careers to residents and a moratorium on wealthy developers being allowed to buy up apartment buildings and leave the units vacant.

Spinola, who served as the powerful Real Estate Board of New York's president for nearly three decades, remarked that Litwin's company, Glenwood Management, had defied convention by building larger apartments than most other developers.

After a two - year fight between the small group of residents at a Brooklyn senior citizens residence and the developer who owns the building, a $ 3.35 million settlement was reached this week, paying each of the holdouts — whose ages range from 91 to 101 — more than $ 500,000 but forcing them to leave their apartments by the end of the summer.

Williams, who is currently focused on running for City Council speaker, said as Cuomo helped resurrect a lucrative affordable housing tax credit for rich developers, the city and state have lost thousands of rent - regulated apartments.

A venture capital group, including hotelier Barry Sternlicht, invested in a San Francisco - based company that works with developers who set aside blocks of apartments...

The developers wanted Silver — who wielded immense power in the lower house of the State Legislature — to extend a law giving tax breaks to developers of apartment buildings that include affordable units alongside luxury units.

Poloncarz wants to prevent developers who build apartments and mixed - use projects in downtown Buffalo from getting tax incentives unless they set aside some residential housing for less wealthy residents who can't afford to pay rents that now pushing close to $ 2,000 a month.

To understand how a leading organ dealer got his start, I visited Kumar's second - youngest brother, Ganesh Raut, a real estate developer who now lives in the same Mumbai apartment where Kumar set up a hospital in 1984.

He is now reviewing bids from four developers who want to use the largely undeveloped 1,650 - acre property for houses or apartments.

One of my favorite projects was working with Michael SHVO, a real estate developer and an art collector who curated a Claude & Françios - Xavier LaLanne exhibition at Sotheby's and the Lalanne Sheep Station, a public art installation at the Getty Station on 23rd Street, facilitating my exposure to sculpture that I would later imitate in my own apartment.

I was talking to a developer who had been in Shanghai selling north London apartments.

America is a nation of people who believe that homes and apartments should be safe, and that consumers should be protected from unscrupulous developers.

Ideal to be filled printed and distributed amongst the clients who have purchased apartments and villas in the developer's latest construction.

Local zoning officials — who often decide whether or not apartment developers can build their projects — encourage developers to include retail space in their new buildings.

Many of the real estate owners who participate in 1031 exchanges are older developers who are disposing of their multitenant commercial properties or multifamily apartment buildings and turning to no - management types of real estate, which frequently translate into net - leased retail properties.

Few developers are willing to redevelop the sites into vibrant projects — apartments, retail centers, parks — without a clear picture of who's liable for, and what cleanup standards govern, the contamination that may be lurking underground.

The North Carolina developer who purchased the 36 - acre former Judson Mill site last month has revealed details of his plans there, including more than 200 apartments and more than 300,000 square feet of office and light industrial space.

Childress Klein is the latest in a line of developers who are betting on Class - A apartments in the Cumberland / Galleria submarket of Cobb County.

Well - established operators and developers, like Korman Communities, a four - generation firm who has constructed more than 30,000 single - family homes, 12,000 apartments and townhouses, as well as two million square feet of industrial and commercial space have partnered up with Prodigy in the development of two Manhattan properties, AKA Wall Street and AKA United Nations.

Wanting more longevity in my work, I started designing houses for friends, including a property developer who I worked with on everything from city apartments to large houses.