Sentences with phrase «by market rate apartments»

The Erie County Industrial Development Agency approved tax breaks Ellicott Development's plans to renovate a century - old former General Electric Co. warehouse where Busti Avenue and Niagara Street intersect along Sinatra & Co.'s proposal to renovate the former Phoenix Brewery building on Ellicott and Virginia streets and Paul Kolkmeyer's concept of transforming the former Stanton Building at 251 Main St.. All are anchored by market rate apartments.

Not exact matches

Among those singled out is the Bedford - Union Armory project, a redevelopment on public land by BFC Partners that includes half market - rate apartments and also a recreational center.

The report compares several projects by the de Blasio administration to the Aspen, an early Bloomberg - era development and venture between Ms. Glen and L&M that included half market - rate apartments, and half that were affordable units at either 50 or 130 percent of the city's so - called area median income (currently about $ 86,000 for a family of three).

They called for the elimination of a loophole that lets landlords boost rent by 20 percent when tenants vacate a rent - stabilized apartment, as well as a rule that removes units from rent regulations once the rent gets high enough, allowing units to go to market - rate prices.

The approved plans call for an $ 87.1 million mixed - use redevelopment, featuring a new 120 - room extended - stay hotel operated by Hart Hotels, plus 185 studio, one - bedroom and two - bedroom loft - style market - rate apartments.

They have criticized the measure, which would up the vacancy decontrol threshold for when apartments re enter the open market by just $ 200, to a rate of $ 2700 a month.

The program would raise revenue for repairs and capital projects by permitting building of market - rate apartments on the grounds of eight different public housing projects in Manhattan.

The park's board — chaired by Alicia Glen, deputy mayor for housing and economic development — will vote on a proposal, which has been modified since its introduction, to build two towers that include 100 below - market - rate and 266 high - end apartments at Pier 6 in the waterfront park.

Brooklyn District Attorney Ken Thompson today announced that two Brooklyn landlords have been indicted on unlawful eviction and other charges for allegedly forcing or attempting to force rent - stabilized tenants out of their homes by allegedly destroying their apartments and making them uninhabitable in an effort to destabilize the apartments in order to collect significantly higher market - rate rents.

Led by local rep Ydanis Rodriguez, legislators nix half market - rate, half affordable - unit apartment complex

The projects include JDS Development Group's 1,000 - foot tower at 247 Cherry St.; 62 ad 69 story towers from L+M Development Partners and the CIM Group at 260 South St.; and a 62 - story building by the Starrett Group at 259 Clinton St.. The rental buildings would add about 2,700 apartments to the area — 75 % market rate / 25 % affordable.

The new projects in the Two Bridges area include JDS Development Group's 1,000 - foot tower at 247 Cherry St.; 62 ad 69 story towers from L+M Development Partners and the CIM Group at 260 South St.; and a 62 - story building by the Starrett Group at 259 Clinton St.. The rental buildings would add about 2,700 apartments to the area — 75 % market rate / 25 % affordable.

The city is counting on the bonds to help it create 80,000 new below - market - rate apartments by 2024 — one of the mayor's top goals.

Cluster siting means apartments being rented by the city as shelters, for which the city pays landlords above market - rate prices to provide shelter and services.

by Adolfo Pesquera The San Antonio Zoning Commission denied a zoning request from industrial to multifamily on a 400 - unit market rate apartment project planned for Southtown.

That's good for apartment building investors but... The Zillow article Even as Home Values Rise, Negative Equity Rate Flattens has additional interactive charts so that you can see the breakdowns by county and in the 100 largest markets around the US.

• Successfully (and within the parameters of dignity) evicte a resident who had not paid his rent in over six months and had refused to vacate the apartment • Increase interest in the resident building by marketing the premises aggressively, resulting in increased occupation of apartments • Train, mentor and lead personnel to meet the operational, accounting and custodial needs of the resident building • Establish rents according to market rates by performing detailed research activities • Handle oversight of property including systems, procedures, annual reviews and placement of personnel • Attract tenants by performing a series of marketing activities and obtaining referrals from current tenants • Collect rents on designated dates and ensure that all bills are promptly paid

Highlights Five years of membership in Culhane Area Apartment Leasing Professionals Association, with positions ranging from Treasurer to President Business school - educated professional Trained in best practices for management, decision making, leadership and goal setting Strong work ethic Experience Leasing Associate 6/1/2011 — Current Culhane Apartment Homes Inc. — Culhane, WA Successfully conduct tours of apartment complex Maintain a sales success rate of 85 % Coordinate apartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratApartment Leasing Professionals Association, with positions ranging from Treasurer to President Business school - educated professional Trained in best practices for management, decision making, leadership and goal setting Strong work ethic Experience Leasing Associate 6/1/2011 — Current Culhane Apartment Homes Inc. — Culhane, WA Successfully conduct tours of apartment complex Maintain a sales success rate of 85 % Coordinate apartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratApartment Homes Inc. — Culhane, WA Successfully conduct tours of apartment complex Maintain a sales success rate of 85 % Coordinate apartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratapartment complex Maintain a sales success rate of 85 % Coordinate apartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratapartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratapartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction rate of 95 %

In the second quarter of this year, rental rates for luxury apartments grew at 4.7 percent, while rents on middle market apartments grew by a robust 5.8 percent, data firm Rentcafé reports.

«The past few years have been booming in Atlanta, but with the technology decline there has been a noticeable increase in office vacancy rates; the apartment occupancy rates have been touched by the decrease in the number of jobs created each year; all of which are affecting the retail market.»

It's clear to many that Atlanta's apartment market is hot: effective rents grew by an average of 7.14 percent in the 12 - month period ending in August, according to Axiometrics, and the metro area's occupancy rate stood slightly over 94 percent at the end of the same month.

It's clear to many that Atlanta's apartment market is hot: effective rents grew by an average of 7.14 percent in the 12 - month period ending in August, according to Axiometrics, and the metro area's occupancy rate stood slightly...

The interest rates offered by CMBS lenders to apartment properties are not much better than they were a year ago, when the bond markets were hit by a spell of volatility.

GTA home price growth was driven by the low - rise segments of the market, but condominium apartment price growth was generally well - above the rate of inflation as well through 2015.

Miami earns top investment rating in Market Momentum survey Miami / South Florida ranks # 1 among the top markets for increasing multifamily investment appeal, according to respondents of the latest Market Momentum research produced by the National Apartment Association -LSB-...]

University - Owned Housing Market Refers to the total on - campus residential hall / apartment capacity controlled / reported by the university, and the standard room and board rates associated with these halls / apartments.

Apartment renewal conversion is trending upward While renewal rates can differ market by market, the national resident renewal level has been trending upward for more than five years.

For example, landlords in San Francisco with apartments located within a five - minute walk of a transit station enjoy a rental premium of 10.9 percent above overall market rates, according to a December 2014 study by CoStar Group.

As of the second quarter of 2011, the average transaction cap rate, including all asset classes, declined by about 20 basis points to 6.6 percent, while average cap rates for class - A apartments in primary markets declined to 4.7 percent, according to Witten Advisors.

I can tell you as an active fund manager in the nationwide preservation of affordable housing, the competition to acquire buildings most difficult to match is in the form of either investors who project spending little (if any) in capital improvements (to maximize cash flow) or those who plan to displace these affordable residents by petitioning to remove the rental restrictions and bring the apartment community back to market rental rate returns.

@Henri Meli - what I meant by cap rate looks good is that the average cap rate of the market the apartments are in is 10 %.