Sentences with phrase «by building tenants»

Those property tax savings would have been used to build a private parking ramp for use by building tenants.

Not exact matches

The mall owner could have tried to have it all by building one big store, but it would have missed out on the opportunities to collect rent from everyone and benefit from the diverse crowds that the tenants attract.
A tenant would move into the Alcoa Building, and we'd get paid by the developer for doing plans to determine the space tenants needed, which helped get the lease signed.
The New York City Council and a local tenants rights group announced on Monday that they would launch a joint investigation into the real estate company formerly headed by Jared Kushner, a top aide to President Donald Trump, over alleged falsification of building permits.
In shopping centers, tenants are metered individually; in office buildings, utility costs are apportioned by square footage.
I plan to have a tenant in the building by January at a rent of $ 2,000 / mo where it's at least cash flowing.
The fifth Metro Vancouver Rapid Transit Office Index released today by JLL (NYSE: JLL), quantifies the advantage of rapid transit - oriented developments and supports the trend of office tenants gravitating towards buildings directly serviced by rapid transit.
Katz mitigated his risk by ironically getting the City of Edmonton as one of the main tenants in one of the buildings.
But even the expansion of rent controls to newer buildings, which has been welcomed by tenant groups, hasn't made finding an affordable rental easier, said Mary Todorow, research / policy analyst with the Advocacy Centre for Tenants Ontario.
She said she expects the company to have its speculative buildings 80 percent leased by the end of the year, but is keeping an eye on the lack of expansion from smaller tenants.
However, it's led by a management team with 35 years of experience in the industry, having built three previous triple net lease REITs (tenants pay all taxes, maintenance, and insurance costs) with a total of 9,100 properties.
The building's 280,000 square feet are 93 percent occupied by tenants including CohnReznick, Saul Ewing, Deloitte, JLL, UBS and McGuire Woods.
It all began last year when the Park District brought Santangelos and a day - care center called KinderCare in as commercial tenants for side - by - side historical buildings, for which the district had committed $ 1.1 million to buy and renovate.
In such an environment, any news about building improvements is met with anxiety by tenants, Fitzgerald said.
The first of the three has been completed and is currently occupied by tenant families, while construction is well - underway at the other two buildings, including rough framing, plumbing, wiring, insulation and HVAC installation.
Soraa was originally announced as a tenant of a South Buffalo factory, at a site called Riverbend, that is being built by SUNY Polytechnic Institute.
The squeezed middle, the working poor (6.5 million in their households today) and the jobless are afflicted by pay freezes and pay cuts, energy bill hikes, accelerated private rent increases, a swelling housing benefit budget that subsidises rich landlords but not the tenants, waiting lists for a home swollen by the bedroom tax and only half the houses needed being built, nearly a million of the jobless sanctioned last year and deprived of all their unemployment benefit for 4 or 13 weeks for trivial infringements, the seriously disabled suffering big benefit cuts for not getting jobs they manifestly can't do, to name but some.
The renovations will be complete by 2022 and are expected to save NYCHA roughly $ 5 million a year in energy costs, according to the mayor's office, but Bronx Borough President Ruben Diaz Jr. said Wednesday's announcement is a «cold comfort» to the tenants currently living in those buildings since the timeline for the procurement process was not accelerated.
In the housing workshop I was really impressed by how much Jack Dromey's team are listening to party members and the wider community and are developing really promising policies on planning reform, building more homes and tackling the many challenges faced by tenants in the private rented sector.
A class - action lawsuit has been filed by the Legal Aid Society on behalf of tenants in two Sunset Park apartment buildings who alleged that the landlord discriminated against them and made them prove citizenship before agreeing to renew their leases.
Another possibility that has been floated is mandating that in any given development built through a rezoning, some units would have to be reserved for tenants earning below the targeted AMI, but could be balanced out by renting others to those who make more.
She was also backed by City Council member Rosie Mendez and tenant leaders of some of the Lower East Side's largest low - and - middle income buildings.
, the Albany Business Review (ABR) identified a dozen tenants, including state agencies, at the $ 191 million, 350,000 - square - foot ZEN building, which was financed in part by multimillion dollar bonds issued on FRMC's behalf by the Albany County Capital Resource Corporation.
Tenants of an Upper West Side mixed - income building allege the landlord is discriminating against the elderly by barring low - income residents from using the property's on - site gym.
The development — a $ 520 million, 1,200 - unit building that will take up nearly the entire block of West 45th Street between 10th and 11th avenues — is being built by the Gotham Organization and is expected to be ready for tenants by the end of 2014.
The Real Estate Board of New York has attacked a bill supported by many tenant advocates that would require landlords to put tenant relocation funds into escrow while repairs to unsafe buildings are made.
Tenants at the New York City Housing Authority's Carleton Manor apartment building in the Rockaways said they've been deluged by leaks since the work started.
While that's little consolation for the tenants in these buildings, it is a positive step by the City to help prevent other properties from getting to that point — hence the title of «Proactive Enforcement».
The budget appropriates $ 250 million for the NYCHA and grants it design - build authority, but creates an independent monitor chosen by the New York City Council and NYCHA tenants who will work with the New York City comptroller.
QUEENS, NY — Borough President Melinda Katz's Hurricane Relief Task Force today reviewed the progress of the work thus far in Queens by the City's «NYC Build it Back» Program, which is dedicated to assisting homeowners, landlords and tenants in the five boroughs whose homes and properties were damaged by Hurricane Sandy of October 2012.
Landlords will also be held accountable by state housing officials for how much they spend to upgrade rent - stabilized apartments before they're allowed to charge tenants for building improvements.
Once a building's abatement expires, a tenant's apartment would continue to be protected by the rent laws until they left.
On January 10, Manhattan Borough President Gale Brewer was joined by 20 elected officials and tenants from across the borough at the Manhattan Municpal Building.
A charity stair climb at One World Trade Center to honor first - responders killed on 9/11 has been abruptly canceled — because building landlord, the Durst Organization is afraid it would scare off potential tenants by reminding them about the terror attacks, the event's organizer alleges.
«It penalises both our tenants and ourselves for not being able to magic up a supply of smaller properties, particularly those with only one bedroom, when we have been funded by the government since our inception to build nothing smaller than two - bedroom flats and houses.»
Tenants in the building were acquitted by another jury earlier this week.
Members of the Crown Heights Tenant Union joined with New York Communities for Change (formerly ACORN) at the armory Wednesday to protest Slate Property Group, the real estate company chosen by the city to redevelop the 113 - year - old building on Bedford Avenue.
The 1982 Loft Law was enacted to legalize the widespread use by residential tenants living in commercial and manufacturing buildings, and dubbed the hundreds of properties «interim multiple dwellings» (IMDs).
Gov. Andrew Cuomo has shown an interest in providing state funding this year for a significant economic development project in Central New York, and County Executive Joanie Mahoney asked the governor to help build a new stadium for use by Syracuse University athletic teams and other tenants, said Ryan McMahon, county Legislature chairman.
County Executive Dan McCoy issued a moratorium on a project by Global Partners — a Port of Albany tenant — to build a crude oil heating facility that would make it easier to pump in cold weather and has been vocal about the threat that the trains pose to communities situated beside train tracks.
With the IDA approval in hand, Uniland expects to start work on the Sodexo building this fall and it should be tenant - ready by spring 2017.
At a press conference in front of one of 10 buildings owned by the troubled investor and part of a huge commercial mortgage backed security, Council Speaker Christine Quinn, Borough President Ruben Diaz, Jr., and Councilman Fernando Cabrera joined tenants, organizers and lawyers to announce the filing of the lawsuit.
The 160,000 - square - foot building includes a community room, a convenience store staffed by tenant volunteers, laundry room, public restrooms, management / administrative office spaces, mechanical spaces, The building consist of 24 studios that will be converted to junior one - bedroom units as part of the rehabilitation, 185existing one - bedroom units and 1 two - bedroom unit that is set aside as a non-revenue unit for the superintendent.
The 40 buildings were landmarked by the city in 1985 and less than half of them are currently used by various agencies and tenants, the EDC said.
On Tues., July 24th, New York City Councilmember Ydanis Rodriguez, together with Council Speaker Christine Quinn, and New York State Senator Adriano Espaillat, was joined by city agencies New York City Department of Housing, Preservation and Development (HPD), the Urban Homesteading Assistance Board (UHAB), and local non-profit the Community League of the Heights (CLOTH) at a town hall meeting to address concerns of tenants in foreclosed Vantage Property buildings.
NEW YORK — Attorney General Eric T. Schneiderman, joined by Mayor Bill de Blasio and New York State Homes and Community Renewal Commissioner James Rubin, today announced the arrest and indictment of landlord Daniel Melamed by the Tenant Harassment Prevention Task Force («Task Force»), on charges that Melamed endangered the health and safety of rent regulated tenants, including a six year old child, during demolition and construction that began in February 2014 at his 14 - unit building at 1578 Union Street in Brooklyn.
These buildings that received these 421 - a benefits are subject to rent regulation; the apartments must be registered; owners must provide rent - regulated leases to the tenants; and annual rent increases must be limited to what is prescribed by the New York City Rent Guidelines Board and the Rent Stabilization Law.
Rosenthal said that DHS has moved homeless adults into these buildings before, but said the plan was shortsighted because it disrupts existing single - room occupancy tenants by providing an incentive for the landlord, Alan Lapis, to accept emergency tenants at up to $ 3,000 a month from the city, compared to between $ 300 to $ 700 a month in rent from permanent low - income residents.
«In Washington I will continue to fight for our families by getting to work on day one to fix our NYCHA buildings, protect tenants, and invest in job creation and high quality schools,» Mr. Espaillat said in a statement this morning.
The city Buildings Department has uncovered eight illegal apartments in the basement of 750 Grand Concourse in The Bronx — where one tenant was stricken by a rare rat - borne disease...
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