Sentences with phrase «city apartment markets»
The pace of rent growth has accelerated in the Salt Lake City apartment market, with the metro ranking near the top of the leaderboard as of mid-2017.
https://www.realpage.com/ Not exact matches
Longstanding Brisbane developer Consolidated Properties says the city's apartment market has been cruelled by restrictions on financing set up to ease speculative property buying in Sydney and Melbourne.
Forest City, understandably focused on quarterly results and mindful of the surplus of market - rate apartments around Downtown Brooklyn, said in November 2016 that it had revised the project schedule, but didn't reveal details.
With his wife, a marketing employee at the University of Toronto, he now rents a one - bedroom apartment and plans to move to Quebec City after a fruitless search for a home large enough for his family within their budget.
The joint venture with the anti-poverty Robin Hood Foundation and affordable housing developer Enterprise Community Partners, called «Come Home NYC,» would help connect 300 of the 60,000 families using the city's shelter system each night with permanent below - market rate apartments.
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).
On Tues., Mar. 20th, during its full Executive Committee meeting, CB12 formally passed the resolution that sought to limit the New York City Economic Development Corporation's large - scale plan for rezoning great expanses of Inwood that would include high - rise, market - rate apartment buildings.
Former governor and New York City real estate scion Eliot Spitzer has put a portfolio of 144 apartments in Murray Hill's Corinthian rental tower on the market.
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.
The TV spot follows a marketing assault from the hotel industry, organized labor, activist groups and city Comptroller Scott Stringer that produced and publicized findings that the online rental service has accelerated gentrification by illegally converting apartments to short - term lodgings for travelers.»
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.
Former governor and New York City real estate scion Eliot Spitzer has put a portfolio of 144 apartments in Murray Hill's Corinthian rental tower on the market that might be worth as much as $ 145 million.
Still, his administration has insisted the current plan is the only way to create the most below - market apartments possible — developers simply can't afford to build any more or any cheaper, even with city subsidies.
City neighborhood and development commissioner Paul Driscoll doesn't think there are any other housing projects like it in the city: a mix of market rate apartments with affordable apartments in one buildCity neighborhood and development commissioner Paul Driscoll doesn't think there are any other housing projects like it in the city: a mix of market rate apartments with affordable apartments in one buildcity: a mix of market rate apartments with affordable apartments in one building.
The city's professional landlords, by and large, charge rents on apartments based on what the market will bear — no more, no less.
Furious over the de Blasio administration's market rate apartment plans for New York City Housing Authority properties, about 140 public housing tenants created a...
More than 1,800 market - rate apartments in the city are becoming rent stabilized under an agreement announced among landlords, Cuomo, Blasio, and Attorney General Eric Schneiderman.
Mr. de Blasio warned that only days remain before the end of the legislative session — and before New York City's rent stabilization and rent control laws expire, which could leave roughly one million regulated apartments open to becoming market rate.
More than 1,800 market - rate apartments in the city are becoming rent stabilized under an agreement announced Thursday among landlords, Mayor de Blasio, Gov. Cuomo and Attorney General Eric Schneiderman.
Silver has also been a longtime advocate for affordable housing, negotiating rent protections for 3,500 residents of Battery Park City's Gateway Plaza as the building's owner has tried several times to turn the apartments market - rate, residents said.
Through partnerships with a number of private landlords and the city, CLOTH was able to place all 32 families in market - rate apartments.
Advocates of affordability, however, argue that the bargaining process has become a game of chicken between the city government and the developer, with the latter threatening not to build at all if the former seeks to force too many below - market apartments.
City officials said they chose not to issue the bonds because the revenue from the market - rate apartments in the project is expected to finance the affordable housing units.
It has also repeatedly maintained the mayor's housing plan is the only way to guarantee enough apartments for the city's swelling population and to ensure space for below - market renters.
The city is now evaluating the proposals, which would add around 2,000 mostly market rate apartments along the East River.
City Council Speaker Christine Quinn has advocated a $ 20 million program that would put vacant apartments on the market at a discount as affordable housing, and these two buildings would be the first to take part in the program.
As the Council began to vote on the mayor's proposals to rezone the city to require developers to set aside a proportion of all new apartments for below - market tenants, opponents of the plan packed into the balcony seats erupted in chants.
Council Speaker Melissa Mark - Viverito announced a new compromise with Mayor Bill de Blasio that will allow his sweeping plans to create affordable housing across the city to go forward — but with even more requirements for developers to build below - market apartments.
The owners of two distressed condominium buildings are negotiating with the city on a deal that would put vacant apartments on the market as...
The council is aiming to vote on March 22 on ZQA and Mandatory Inclusionary Housing, which would require below - market - rate apartments in rezoned areas of the city.
The owners of two distressed condominium buildings are negotiating with the city on a deal that would put vacant apartments on the market as affordable housing, the New York Post reported.
It manages 27 apartment buildings in the city, according to nybits.com, a rental market site.
De Blasio responded that he was «taking on the real estate industry and winning,» and pointed to policies like mandatory inclusionary housing (MIH), a city policy that requires developers to set aside affordable apartments in market - rate buildings in rezoned areas.
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.
He praised Mayor Bill de Blasio's proposal to reform the abatement, which would require all projects receiving the credit across the five boroughs — rather than in just the 16.5 percent of the city in the program's «geographic exclusion area» — to include below - market apartments.
The city told the Observer that it had no figures on how much it costs to subsidize a below - market apartment in an infill development.
Despite New York City's overabundance of options for donating and recycling old clothing — charity thrift shops, textile recycling at farmers markets, bins right inside apartment buildings — residents throw out 200,000 tons of clothing and textiles each year.
With the University in the city, the market is certainly there so apartments exist.
We also factor in the most current rental market information, examining things like average cost to rent a 1 - bedroom apartment and the vacancy rates for each city.
As population increases, property values rise, and high rental prices drive people from their apartments and into homes, the real estate market will only rise in San Diego and other California cities.
The city also has a thriving rental housing market — many people who moving to Scottsdale rent apartments until they can find a home to buy, but they don't think about renters insurance.
According to SILive.com, Staten Island has the «lowest average rents for market - rate apartments in the city.»
So they kept renting their two - bedroom apartment in the city's Roncesvalles neighbourhood and watched as friends and family scraped enough together to buy into the hot urban market.
It is a fresh and contemporary five star holiday apartment complex nestled in the chic Pier restaurant dining district of Cairns CBD, offering easy access to all that makes the tropical city of Cairns unforgettable — the exquisite eateries, boutique shopping, vibrant nightlife and eclectic markets.
These hotels, resorts and holiday apartments are surrounded by the vibrant hustle and bustle of Cairns city life with a wide range of restaurants, bars, nightclubs, shopping, and night markets all within walking distance of your Cairns Convention Centre accommodation.
Oakwood has made its debut in Vietnam — a highly anticipated emerging market — with Oakwood Apartments Ho Chi Minh City.
Cape Town is a city for exploring on foot and Apartment Louis is well located a few minutes walk to prominent sights including, The Castle, City Hall, Greenmarket Square, Adderley Street Flower Market and the Eastern Food Bazcity for exploring on foot and Apartment Louis is well located a few minutes walk to prominent sights including, The Castle, City Hall, Greenmarket Square, Adderley Street Flower Market and the Eastern Food BazCity Hall, Greenmarket Square, Adderley Street Flower Market and the Eastern Food Bazaar.
Market House is a self - catering apartment located in the heart of Cape Town's city centre.
THREE: Mapungubwe Hotel Apartments, Marshalltown — close to New Town, and the inner city financial rebirth area of Marshall, Anderson and Ferreira Streets, this hotel gives you easy access to The Market Theatre and the Johannesburg Civic Theatre, local art galleries, museums and restaurants.