Not exact matches
The Davis Langdon Tender Price Index — which prices a fixed basket of labour and material inputs typically used in commercial and
apartment construction — confirms this trend, though there are emerging signs that
costs may have peaked in some regions, particularly Melbourne (Graph 71).
Anecdotal evidence suggests that investor interest in new
apartments has been waning for some time, and some
apartment developers report difficulties in meeting required pre-sales and face escalating
construction costs, particularly in Melbourne.
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.
He, like Mr. Seddio, argued that Mr. Lopez should be remembered as a man who oversaw the extensive
construction of low -
cost apartments in a traditionally poor but now gentrifying section of the borough.
Mr. de Blasio's team has argued such standards would dramatically increase
construction costs, thwarting 17,000 affordable
apartments.
Schoolhouse Terrace at Croton Heights will offer mixed - income
apartments for seniors and families and has the potential to create more than 350
construction jobs and five permanent jobs with a total project
cost of $ 62.9 million.
Utility
costs can be mitigated in newer
construction apartments with energy - efficient windows, but these homes are often substantially more expensive to rent than one which was built just a few years ago.
Utility
costs can be mitigated in newer
construction apartments with energy - efficient windows, but these homes are often substantially more expensive to rent than one which was built just a few years ago.
While the
costs of new home and
apartment construction are certainly impacted by regulations and by permit
costs, that's not a bad thing, per se.
Other factors that may account for your policy
costs would be the value and age of the house or
apartment building,
construction type and prior claims history.
While insurance rates will be determined by things like your coverage amounts, natural disaster risks, and the home's age and
construction, there are many other
costs associated with renting out
apartments and houses.
The
cost of materials important to the
construction of
apartments rose 3.6 percent over the year that ended in September, according to the producer price index from the Bureau of Labor Statistics.
The
cost of materials important to the
construction of
apartments rose 3.6 percent over the year that ended in September, according to the producer price index (PPI) for inputs to new
construction from the federal Bureau of Labor Statistics.
High rise
construction costs are significantly different than garden - style
apartments.
A lingering shortage of
construction workers is driving up labor
costs and slowing down build times for
apartment developers and builders.
The past few years have been good for many large
apartment owners, despite high
costs for
construction and other barriers they often cite as issues to getting new units, such as lack of available land, environmental regulation and community opposition to new dwellings.
Demand for
apartments continues to be strong in Orange County, where high
construction costs and surging land values maintain the housing market as one of the most expensive in the country.
Developers have had a hard time building new
apartments in Sacramento because the rents there tend to be too low to support the
cost of
construction, experts say.
Axiometrics reports that
construction — particularly in the
apartment sector — has been slowing as
costs have climbed, partly due to a shortage of skilled
construction workers.
An uptick in new
apartment construction increased supplies in many markets, which has been helping to bring
costs down.