Sentences with phrase «for city condos»

As he watched, he says, the market for city condos was hit by a double whammy.

Not exact matches

In Canada's biggest cities, condos were the source of new rental units for a long time.

On the other hand, critics have blamed the Aussie rules for contributing to a boom in unsightly condo towers aimed at foreign investors while doing little to bring sky - high house prices in cities like Sydney and Melbourne back down to Earth.

International migrants are another factor, and condos remain the only affordable option for first - time buyers in those cities.

Paying for all of the costs associated with a detached home in the Vancouver area requires 121 per cent of median household income; for a condo, it's 46 per cent of income, making it Canada's least affordable city, according to economists at the Royal Bank of Canada.

But for those who are primarily looking for a downtown experience (or to perhaps spend part of their week in the city), McQueen points out that condos have become an increasingly important part of the luxury market.

White also owns a condo in Park City, Utah and a penthouse in New York City's East Village, bought in 2008 for $ 1.9 million, according to Variety.

Below are three of the coolest condos planned for Canada's biggest city, all of which could begin construction within the next year.

Following years of increasing employment and wealth driving up rent and property prices in San Francisco and surrounding cities, demand for luxury housing appears to be on the decline and housing and condo price appreciation have «basically plateaued,» according to Paragon Real Estate Group.

In Panama City's central Parque Lefevre neighborhood, where many middle - class Panamanian professionals make their homes, a two - bedroom condo — with a balcony, a newly remodeled kitchen with granite countertops, and all appliances and window treatments included — is selling for just $ 122,000.

For the most part, the aging demographic prefers larger, well - appointed homes in tony neighbourhoods, but is also increasingly purchasing luxury condos in major cities such as Toronto, Vancouver, Calgary and Montreal.

More than 675 luxury condo units are formally listed for sale at a minimum price of at least $ 1 million in the barrier island city of Miami Beach in the South Florida county of Miami - Dade, according to a new report from Condo Vultures ® Realty LLC.

The survey of 75 cities in 27 countries detailing the average - price - per - square - foot (APPSF) for a home found that generally, the PPSF is higher for a condo than for a single - family home.

The first few months of 2016 also saw the third and fourth most expensive retail condo sales in the city's history — 139 Spring Street to Invesco for $ 25,843 per square foot and 106 Spring Street to the Carlyle Group for $ 17,559 per square foot, according to RCA.

If that keeps up, it would be good news for those economists and market watchers who believe that too many condos are going up in the country's most populous city (in the last year the central bank has highlighted the potential risks that the rising supply of condos poses to Canada's housing market and broader economy).

Trading in the three - bedroom home for a low - upkeep city condo provides more opportunities for enjoying the retirement years.

Search for your city, neighborhood or zip code to see a customized list of the some of the best new and pre-construction condos in South Florida, complete with gorgeous pictures and all the details you need to choose the perfect one for you.

Being able to buy a castle for the price of a small condo in New York City, a full building and maybe proximity to family given the large number of players that were born within a few hundred miles of here.

we had our city approve us putting a coop shared among several households on our common land owned by our condo association for our cohousing neighborhood.

She is a city mama who does not have room in her condo for a full - on nursery, but confesses that she is addicted to the site Javis Davis.

Borough President Gale Brewer, Councilwoman Margaret Chin and Community Board 3 Chair Gigi Li on Wednesday rallied at the site of the Rivington House — a nursing home for HIV / AIDS patients slated to become condos after the city scrapped a deed that would have protected its usage — demanding compensation for their neighborhood's lost community space as well as legislation to prevent such a loss from happening again.

The influence of Gresham's union was reaffirmed when Comptroller Scott Stringer's office, investigating the de Blasio administration's bungling of a Lower East Side land deal that appeared to allow a hospice for AIDS patients to be turned into luxury condos, released a trove of emails and text messages that showed how closely 1199 worked with City Hall to make sure the disastrous deal, also under state and federal investigation, came to fruition.

Last on the agenda for the April Membership Meeting was a resolution regarding the City's sale of 45 Rivington Street with a restrictive covenant for nonprofit use to a private developer planing to build condos on the property.

The $ 52 million deal to redevelop the Brooklyn Heights library into a luxury condo tower, which City Hall awarded to a de Blasio pal who offered less money for the city - owned land than two other bidders, has attracted the attention of federal and city prosecutors, The Post has learCity Hall awarded to a de Blasio pal who offered less money for the city - owned land than two other bidders, has attracted the attention of federal and city prosecutors, The Post has learcity - owned land than two other bidders, has attracted the attention of federal and city prosecutors, The Post has learcity prosecutors, The Post has learned.

Despite declining median middle class incomes, for instance, the report shows that housing costs continue to rise in the city, with rents up by more than 6 percent and condos up a whopping 47 percent since 2001.

, for instance, the report shows that housing costs continue to rise in the city, with rents up by more than 6 percent and condos up a whopping 47 percent since 2001.

The 421a benefit is worth about $ 9.2 million this year for Barnett's One57 condo tower, according to the city's Independent Budget Office.

A special provision was added for Forest City, which allowed the affordable requirement to apply in the aggregate to the project's 16 buildings, meaning some of the buildings benefitting would be luxury condos.

But, the discrepancies between the two Classes for owners and renters verses condos and coops, is very significant, and something we need to address, and recognize the significance of condo and coop owners in this city.

Ricardo Morales, the city official who approved lifting deed restrictions that allowed a Lower East Side nursing home to be flipped for luxury condos, was fired just hours after de Blasio's highly anticipated sit - down with federal prosecutors, his attorney confirmed.

A powerful lobbyist, James Capalino, steered $ 50,000 in donations to de Blasio after pressing the city for a deed change that allows one of his clients to turn a building restricted for use as a nursing home into luxury condos.

New York City's top - grossing lobbyist, Jim Capalino, wants to clear his name in a real - estate deal involving a former home for AIDS patients that is being transformed into luxury condos with the sign - off of the de Blasio administration.

The letter describes the loss of the site's former nursing home as «a devastating blow to our constituents» and says the two pols «remain deeply concerned about a flawed city process that has paved the way for the closure, sale, and now potential conversion of this building into luxury condos.»

Then there's the look into Rivington House, a former AIDS hospice where the city lifted a deed restriction that will ultimately allow for the development of lucrative condos at the site, where developers were at times represented by a lobbyist tight with Mr. de Blasio.

Construction worker Robert Baker holds a sign Tuesday during Milwaukee's Zoning, Neighborhoods and Development Committee meeting at City Hall supporting the union jobs likely to accompany approval of a loan for the Moderne condo and apartment project.

Clear's amendment would eliminate the city's waterfront setback requirements for commercial projects, while Maniaci's amendment would allow public money be used for construction, would allow condo space and, maybe most importantly for the project, would kill a 45 - year - old prohibition against building on certain Wisconsin Avenue prime real estate.

The break for New York City developers expired at the beginning of 2016, and Senate Republicans had backed budget language that would both renew the program and expand it into outer borough condos, a move seemingly designed to benefit breakaway Democrat Simcha Felder.

«A complete lack of accountability» under NYC Mayor Bill de Blasio is to blame for a deed lifting to allow a nonprofit nursing home on Manhattan's Lower East Side to be flipped to luxury condos and a $ 72 million profit, according to an investigation released by the city's corruption watchdog.

Mr. Bharara is also reportedly probing the city's role in removing a deed restriction on a former nursing home to allow for lucrative condo development.

De Blasio noted that the tax abatement's revival seemed closer than ever, but he was concerned by the uncertainty of the costs that could be added to the city if more condo projects become eligible for the program.

Sean Ryan [email protected] Milwaukee native Robert Baker, wearing a hard hat with union stickers from four states, went to City Hall on Tuesday to lobby for a job on the Moderne condo and apartment project.

The City - owned former National Guard armory would, under the current plan, include condos, rental apartments, basketball courts, swimming pools, and room for local nonprofits.

Released by the political committee New York City Is Not for Sale, the ad called «Nowhere to Go» criticizes Quinn for supporting the zoning change that allowed the ailing Greenwich Village hospital to be redeveloped into luxury condos.

The artists sued a Long Island City property owner for demolishing their graffiti mural to make way for luxury condos, AP reported.

City Hall aides said Sunday evening that the mayor would use his testimony to propose a 2.5 % tax on the sale of houses and condos for more than $ 2 million.

In late April, the immaculate chairwoman of the New York real - estate lobby and her husband, an Upper East Side plastic surgeon, hosted a fund - raiser for the City Council speaker, Christine Quinn, at their condo across from the Metropolitan Museum of Art.

«A complete lack of accountability» under Mayor Bill de Blasio is to blame for a deed lifting to allow a nonprofit nursing home on Manhattan's Lower East Side to be flipped to luxury condos and a $ 72 million profit, according to an investigation released Thursday by the city's corruption watchdog.

That wide - ranging inquiry also delved into the lifting of a city deed restriction on Rivington House, which allowed for the long - protected nursing home to be converted into luxury condos.

«Improving our schools, putting New Yorkers back to work, advocating for our city's veterans, fighting for tax equity for co-op and condo owners and preserving our quality of life are the issues that made me want to run for City Council from the very beginning,» Silverstein said in a statemcity's veterans, fighting for tax equity for co-op and condo owners and preserving our quality of life are the issues that made me want to run for City Council from the very beginning,» Silverstein said in a statemCity Council from the very beginning,» Silverstein said in a statement.

Builders tearing up the Sheraton Biscayne Bay hotel and a downtown parking lot in Miami to make way for condo developments found themselves face - to - face with the city's native past: a pair of ancient cemeteries, remains of the Tequesta tribe that once dominated southeast Florida.