Sentences with phrase «market rate apartment plans»
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...
https://therealdeal.com/ Not exact matches
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.
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.
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.
Current plans for the 138,00 - square - foot building on Bedford Avenue and Union Street would allow developers at BFC Partners to build a recreation facility inside the armory; market - rate and affordable rental apartments on top of the existing structure; and a row of private condominiums BFC would own and, presumably, sell.
He also added a dig of his own at the de Blasio administration's already - underway effort to construct new affordable housing at the development, a crucial part of the mayor's ambitious plan to create or preserve 200,000 below - market rate apartments.
«If you're going to build 80 percent market - rate apartments in a community of low - income, no one is going to be able to afford it so what you're doing is you're building a segregatory plan,» said Lena Melendez.
Epstein is skeptical about NYCHA's plan to build 50 % market rate apartments in new infill projects.
Mr. Wright's proposal was a reaction to the mayor's plan to build 17,000 new apartments, 3,500 of them market rate, on authority greenspaces, parking lots and playgrounds — and use the resulting revenues to prop up the entity's moribund finances.
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.
Facebook is planning 1,500 apartments, and has agreed with Menlo Park to offer 225 of them at below - market rates.
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.