Sentences with phrase «for apartment renovations»
The timing for apartment renovations is just as good as any, even as inventory levels are nearing their peak.
https://www.propertymanagementinsider.com/ Not exact matches
Two - to four - flat apartment buildings can be purchased for $ 60,000 to $ 125,000, depending on the amount of renovation required.
October 25, 2017, Village of Waverly — New York State Homes and Community Renewal (HCR) joined Liberty Affordable Housing, Inc. to celebrate the completion of a total renovation of Elizabeth Square Apartments, 75 affordable homes for low - income seniors in Tioga County.
Finally, it also makes important changes to the way improvements are calculated and verified for individual apartments, which will reduce a landlord's ability to abuse these renovations as a tool to force units out of regulation.
Press Release, «New Jersey Contractors Frank and Peter DiTommaso Indicted For Perjury Before the Grand Jury Investigating Renovations on Bernard Kerik's Riverdale Apartment,» Office of District Attorney of Bronx County Robert T. Johnson, 07/19/06, www.bronxda.net
Among those alleged «loopholes» are vacancy decontrol — which lets landlords to remove a unit from the rent stabilization program if the tenant dies or relocates — major capital improvement rules, which allows for permanent rent increases to pay for renovations and the preferential rent system, which permits landlords to charge a tenant less than the legally regulated rate for an apartment.
But Bailey and other residents said their apartments have been infested with bed bugs for two years, and the renovations being made are shabby.
They accused the ex-top-cop during the trial of «disavowing» his 2006 guilty plea to state ethics violations of accepting $ 255,000 in free renovations for his Bronx apartment in exchange for greasing the wheels for his mobbed - up pals.
My apartment has been a mess of plaster dust, missing amenities and awkwardly placed holes for the past two weeks — oh the joys of bathroom renovation!
Perfect getaway for 2 people only (no exceptions)- Our non-renovated apartments have all had some degree of renovation but are not as modern as our deluxe and superior apartments.
Recently undergone complete kitchen renovation, this apartment has two bedrooms and one bathroom and is ideal for two adults and two children, situated adjacent to the pool it is our lowest priced apartment.
In 2005, New York's legendary Plaza Hotel closed down for a three - year renovation that left it with just 130 hotel rooms, and the rest of its space converted into condo hotel units and luxury condo apartments.
Further accomplishments include overseeing the renovation of the EEA Carriage House that allowed for new artist studio space, a recording studio and a studio apartment for visiting artists.
Assist in the design and plan approval process for various commercial renovation projects and all phases of new building and extension projects for houses, apartments, and churches.
Reviewed new and renovation plans for fire suppressions systems for condominiums, apartments, hotel, restaurants, high - rise office buildings and retail centers.
Duties include, but are not limited to, general repairs, completion of service orders, renovation and preparation of apartments for re-rental and related duties as required...
Managing a portfolio of 16 commercial and residential properties Responsible for supervising and payroll for 19 staff members Supervising outside contractors while responsible for approving all requisitions Responsible for inspecting apartments pre and post renovation Experienced in tenant / landlord court litigation Experienced in tenant relations Experienced with rent controlled and rent stabilized tenants and with DOB, HPD and ECB violations.
She recently led a renovation that created 47 apartments for low - income seniors and saved a historic building.
If you can complete a major renovation / value play it is possible to purchase something distressed and fix up for lower then perceived retail price, however this takes a massive amount of capital and knowledge to execute on the scale of an NYC apartment building.
In addition to those ongoing programs, last year Norton led a $ 10 million renovation of a historic - but - neglected downtown hotel that now provides 47 apartments for very - low - income seniors.
For example, a bridge loan for a cash - flowing renovation loan on an apartment property could have been done in the fall of 2016 at LIBOR +500 basis points and now that rate is around LIBOR +375, notes GutnikFor example, a bridge loan for a cash - flowing renovation loan on an apartment property could have been done in the fall of 2016 at LIBOR +500 basis points and now that rate is around LIBOR +375, notes Gutnikfor a cash - flowing renovation loan on an apartment property could have been done in the fall of 2016 at LIBOR +500 basis points and now that rate is around LIBOR +375, notes Gutnikov.
Other Maryland cities benefiting from smart growth initiatives are Blandensburg, which is using the state funds to renovate a rundown apartment community; Gaithersburg, which is using $ 6 million to rejuvenate its downtown, and the Cherry Hill section of Baltimore, which used $ 1 million of state money to build a shopping center that serves as a hub for neighboring housing renovation projects.
The obvious (and pretty much only) use of a hard money rehab loan is to pay for renovations on a house or apartment building you intend to flip or rent.
For investors seeking value - add opportunities, apartments have become hot commodities, but, as rents rise following renovations, low - income residents are being displaced by a higher - earning cohort.
WASHINGTON, D.C. - Following a $ 10 million renovation by its new owner, Aria Development Group of New York City, The Bond in Washington, DC's sought - after West End neighborhood now has 83 elegant and contemporary apartments available for rent.
Even after an extensive renovation increases those rents, older apartments typically rent for well below the price of the new, luxury towers that crowd many downtowns.
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«Given the apparent benefits of bringing busted - up apartments back into use, it was possible to argue that encouraging more renovation and construction would be good for the city.
It means I'm no longer frenetically drawing renovation plans for houses and apartments I'm never going to buy.
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