Sentences with phrase «market rate apartments in»

A joint environmental review is now underway for the towers, which would range in height from 62 - 79 stories and add around 2,000 mostly market rate apartments in the historically low - income area.

Epstein is skeptical about NYCHA's plan to build 50 % market rate apartments in new infill projects.

Not exact matches

The projects were marketed in China, and thousands paid deposits for apartments that cost as much as double the rate per square meter of homes for Malaysian buyers in Johor Bahru.

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.

In a rare victory for landlords, the New York Court of Appeals ruled they had acted properly in pushing up rents when they converted thousands of regulated apartments to market - rate unitIn a rare victory for landlords, the New York Court of Appeals ruled they had acted properly in pushing up rents when they converted thousands of regulated apartments to market - rate unitin pushing up rents when they converted thousands of regulated apartments to market - rate units.

The substantial rehabilitation of the building will result in 52 apartments, including 43 affordable and nine market - rate units for seniors and physically - handicapped persons.

The demand for market - rate apartments in downtown Cohoes is not clear, and for that reason the Remsen Street building is risky.

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 building.

According a study released this year entitled «Out of Reach,» from The National Low Income Housing Coalition, which was cited in the report, the fair market rental rate for a two - bedroom apartment in Rockland County is $ 1,424.

One of the proposals would develop a new building to include senior - focused, market - rate housing in 60 apartments, new and expanded facilities for Lifelong, and professional office space.

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.

The program would raise revenue for repairs and capital projects by permitting building of market - rate apartments on the grounds of eight different public housing projects in Manhattan.

An increase in the rent threshold at which apartments become market - rate, indexed to rise each year, is a step forward, but it only slows the bleeding — and is well short of de Blasio's target, ending vacancy decontrol completely.

The park's board — chaired by Alicia Glen, deputy mayor for housing and economic development — will vote on a proposal, which has been modified since its introduction, to build two towers that include 100 below - market - rate and 266 high - end apartments at Pier 6 in the waterfront park.

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.

Brooklyn District Attorney Ken Thompson today announced that two Brooklyn landlords have been indicted on unlawful eviction and other charges for allegedly forcing or attempting to force rent - stabilized tenants out of their homes by allegedly destroying their apartments and making them uninhabitable in an effort to destabilize the apartments in order to collect significantly higher market - rate rents.

Through partnerships with a number of private landlords and the city, CLOTH was able to place all 32 families in market - rate apartments.

In a building where market - rate two - bedroom apartments go for up to $ 2,750, he shells out only $ 1,250 for his.

In the long term, 6,492 apartments, both affordable and market rate, are expected to be built under the new rules.

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.

«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.

The building's nine upper floors will contain a mix of affordable and market - rate apartments, ranging in rent from about $ 500 to $ 2,000 per month, said HDC president Marc Jahr.

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.

Those projects would add about 2,000 mostly market - rate apartments in towers ranging in height from 62 - 80 stories along the East Side waterfront.

The new projects in the Two Bridges area include JDS Development Group's 1,000 - foot tower at 247 Cherry St.; 62 ad 69 story towers from L+M Development Partners and the CIM Group at 260 South St.; and a 62 - story building by the Starrett Group at 259 Clinton St.. The rental buildings would add about 2,700 apartments to the area — 75 % market rate / 25 % affordable.

That allowed landlords to start charging market rates for rent - regulated apartments leasing for more than $ 2,500 — provided that the apartments had become vacant, or that the tenants in them earned more than $ 200,000 a year for two consecutive years.

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 mayor will push for construction of 160,000 new market - rate apartments in addition to more affordable units.

Young Development, responding to a Request for Proposals (RFP) in October of 2016, put forth a mixed - use project that includes a 17,000 square foot library with 1,400 square feet of retail space and 44 market - rate apartments.

Fair market rentals in Juneau primarily consist of 2 bedroom, 1 bathroom apartments and are offered at the market rental rate in Juneau.

According to the ULI the Trepp rate is what large institutional borrowers could expect to pay on a 10 year fixed rate, less than 60 % LTV loan for a «crème de la crème» core apartment property located in a gateway market.

That actually has eased the rental market somewhat, and increased the vacancy rate slightly which makes it easier to find an apartment in Chandler.

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.

That's good for apartment building investors but... The Zillow article Even as Home Values Rise, Negative Equity Rate Flattens has additional interactive charts so that you can see the breakdowns by county and in the 100 largest markets around the US.

According to SILive.com, Staten Island has the «lowest average rents for market - rate apartments in the city.»

I don't want to tie it up in a long - term investment because I am looking to buy 2 - 4 apartments with this money (in PHX market, making down payment, getting fixed - rate mortgage for the rest) but don't know if now is the right time, as we are in a seller's market.

As a result, while the percentage of renters living in market rate apartments with renters insurance has increased over the past five years that number has not increased substantially in subsidized housing.

- again many 4 star self - contained apartment hotels cater to this market and we have some very good long stay rates (usually for stays in excess of 28 nights)

Port douglas is the perfect getaway for kids and parents alike, with everything from adrenaline - filled rainforest adventures and awe - inspiring wildlife tours to top - end eateries and bustling local markets stay at saltwater luxury apartments in the heart of port douglas for 3 nights and get 25 % off our best rates!

The brightest sector, he said, is residential, with an increasing number of the upper floors in former commercial buildings being converted into market - rate apartments and condominiums for those drawn to living in revitalized downtowns with cultural amenities like Mass MoCA.

Some apartments in the 55 - unit building have rents of $ 900 per month, but most will go at market rates, up to $ 2,910 for a furnished, 355 - square - foot unit.

Kiln Apartments (also in Portland) was designed with the aim of being the most energy efficient market - rate apartment building possible.

With an extremely low rental vacancy rate hovering around 0.5 percent and an expensive real estate market, it is notoriously difficult to find an affordable rental apartment in Vancouver.

As a result, while the percentage of renters living in market rate apartments with renters insurance has increased over the past five years that number has not increased substantially in subsidized housing.

KEY ACCOMPLISHMENTS • Enhanced apartment occupancy rate from 60 % to 85 % through active marketing • Recruited 23 new residents during 2 months of initial hiring through optimized online marketing • Developed a website for marketing purposes and uploaded testimonials of satisfied residents that led to a 40 % increase in overall clientele

• Successfully (and within the parameters of dignity) evicte a resident who had not paid his rent in over six months and had refused to vacate the apartment • Increase interest in the resident building by marketing the premises aggressively, resulting in increased occupation of apartments • Train, mentor and lead personnel to meet the operational, accounting and custodial needs of the resident building • Establish rents according to market rates by performing detailed research activities • Handle oversight of property including systems, procedures, annual reviews and placement of personnel • Attract tenants by performing a series of marketing activities and obtaining referrals from current tenants • Collect rents on designated dates and ensure that all bills are promptly paid

Highlights Five years of membership in Culhane Area Apartment Leasing Professionals Association, with positions ranging from Treasurer to President Business school - educated professional Trained in best practices for management, decision making, leadership and goal setting Strong work ethic Experience Leasing Associate 6/1/2011 — Current Culhane Apartment Homes Inc. — Culhane, WA Successfully conduct tours of apartment complex Maintain a sales success rate of 85 % Coordinate apartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratApartment Leasing Professionals Association, with positions ranging from Treasurer to President Business school - educated professional Trained in best practices for management, decision making, leadership and goal setting Strong work ethic Experience Leasing Associate 6/1/2011 — Current Culhane Apartment Homes Inc. — Culhane, WA Successfully conduct tours of apartment complex Maintain a sales success rate of 85 % Coordinate apartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratApartment Homes Inc. — Culhane, WA Successfully conduct tours of apartment complex Maintain a sales success rate of 85 % Coordinate apartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratapartment complex Maintain a sales success rate of 85 % Coordinate apartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratapartment move - in and move - out procedures Conduct background checks on potential tenants Market the apartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction ratapartment community using digital and social methods Increase inquiries by 50 % Improve Yelp ratings by 1.5 stars Resolve in - person complaints with a satisfaction rate of 95 %

The apartment rental market — multifamily housing — should see vacancy rates drop from 5.5 percent in the current quarter to 4.6 percent in the third quarter of 2012.

«Going forward, market - rate apartment development will be more spotty,» says Dennard, «but I do think we will see more signs of that in the first quarter.»

Even with more supply and weaker demand, the apartment market in two years should still be strong enough to support rents that, on average, will grow faster than the rate of inflation, experts say.