Sentences with phrase «more affordable the rent»

«There's a lot of overflow from downtown firms looking for back - office space at more affordable rents,» he says.
«There's no doubt about it: if we want living wage jobs, stronger hospitals and schools, more affordable rents, lower property taxes, a cleaner environment, and a state government that actually gets things done, politicians like Pedro Espada have got to go.»
The more affordable the rent is, the more likely people are to, well, pay it.
If developers configure buildings to better match the needs of today's small businesses, they can generally fit more tenants in one building, translating to more affordable rents and more profitable investments.
After conversion, the office building will be suitable for large occupiers from a range of industries including financial services and manufacturing, which are seeking premium office space at more affordable rents than those offered in Hong Kong Island's Central district.

Not exact matches

When deciding whether to rent or buy, renting may seem like a more affordable option, at least in the short term.
Increasing short - term corporate rentals that go for above - market rent could make affordable permanent rental options in a pressurized housing market such as San Francisco's even more scarce.
Buying a home is more affordable than renting in only nine of 39 major metropolitan areas, according to research firm ATTOM Data Solutions: Dallas, Miami, San Antonio, Detroit, Philadelphia, Tampa - St. Petersburg, Cleveland, Pittsburgh and St. Louis.
If people find that it's more affordable to buy than rent, they'll start shopping for homes quickly.
Today, the average home - price - to - rent ratio is at its highest level on record, which means renting may actually be more affordable than paying a mortgage.
Sublease spaces have asking rents about 17 % below that of direct space and is often move - in ready with furniture, making it more affordable for smaller or new firms.
Buying a home is more affordable than renting in only nine of 39 major metropolitan areas, according to research firm ATTOM Data Solutions: Dallas, Miami, San Antonio, Detroit, Philadelphia, Tampa - St.
Buying a home is usually more affordable than renting, but situation and location can make all the difference.
But unlike Sam's main vehicle, Equity Residential REIT (EQR), which focuses on major metros like NYC, LA, SF, Chicago, I prefer the more affordable end of the spectrum, which in most markets have rents in the $ 1,000 - $ 2,000 / mo. range.
High - rent markets from San Francisco to Boston are grappling with creating more affordable housing for teachers.
«People are finding more affordable alternatives as housing supply has increased, and rent control measures are helping to ensure rental prices remain predictable for tenants.»
And while that sounds more affordable, don't assume renting is cheaper than buying.
You can do this by living with a roommate or roommates, renting a smaller place or moving to a more affordable neighborhood.
We never had to stand in lines to rent or return a stroller and your prices were much more affordable!
At the same time, we need greater investment in social housing and decisive action to make the private rented sector more accessible and affordable, along with radical solutions to tackle the severe shortage of truly affordable homes.
The part where that greedy entitled jerk hoarded FOUR rent stabilized apartments for himself in a poor district where affordable housing is becoming more and more scarce?
«Airbnb's predatory housing schemes are robbing our communities of desperately needed affordable housing while forcing New Yorkers to pay $ 600 million more in rent,» said New York Communities for Change Executive Director Jonathan Westin.
Come Home NYC will coordinate with the city's Department of Homeless Services to identify shelter families earning an average of $ 35,000 a year or more, help locate an affordable apartment for them and use the funds from the attorney general's office and $ 300,000 from the Robin Hood Foundation provide the landlord with a $ 3,000 deposit to off - set potential rent shortfalls.
She applauded the mayor's two years of rent freezes for tenants in regulated apartments and his recent update to his plan to create or preserve 200,000 affordable housing units by 2024 to cover more low - income individuals, but wants the city to go farther.
De Blasio has proposed a package of housing ideas that would make state rent regulations more tenant - friendly and alter a state tax - rebate plan that's intended to subsidize affordable housing, all to advance his progressive agenda.
The Rent Guidelines Board says most tenants in rent - stabilized apartments spend more than 30 percent of their income on rent and utilities, which is the federal standard for affordable housRent Guidelines Board says most tenants in rent - stabilized apartments spend more than 30 percent of their income on rent and utilities, which is the federal standard for affordable housrent - stabilized apartments spend more than 30 percent of their income on rent and utilities, which is the federal standard for affordable housrent and utilities, which is the federal standard for affordable housing.
The House NY initiative works in tandem with other HCR affordable housing programs and the HCR Office of Rent Administration's vigorous efforts to protect more than two million rent - regulated tenaRent Administration's vigorous efforts to protect more than two million rent - regulated tenarent - regulated tenants.
From 1994 to the present day, more than 238,000 apartments were removed from the rent regulation system, leaving middle class New Yorkers with fewer affordable housing options.
Still, «the most pressing issue in our city of this generation is affordable housing,» James said; she stated that in her second term, she would work to address that problem, whether through making «preferential rent» permanent (rather than something a landlord can change or remove at whim), or creating more housing, rather than shelters, for homeless New Yorkers.
However, more must be done to find solutions to the housing crisis and it is concerning that the Office for Budget Responsibility predicts there will be 14,000 fewer affordable homes built as a direct result of social housing rent cuts.
«This governor has spent his entire career in public service fighting homelessness and building affordable housing and it's under his leadership that New York is implementing an unprecedented $ 20 billion anti-homelessness and housing problem, twice strengthened rent protections with Assembly Democrats and created a tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization,» said spokesman Rich Azzopardi.
What is missing is a complementary strategy to increase the supply of genuinely affordable social housing, so that families don't have to end up in the more expensive (and less secure) private rented sector.
HCR is committed to collaborating with partners, and keeping homes affordable and communities strong by protecting one million rent - regulated units, managing a portfolio of more than 190,000 multifamily units and administering more than $ 1.5 billion each year to expand affordable housing opportunities and build strong communities throughout New York State.
Sanders also called on local governments to «demand more» from developers who receive government subsidies, saying affordable housing units should not return to market value rents after 10 to 20 years as is often done.
According to her website, Hidalgo's priorities if elected would be to strengthen rent stabilization laws and affordable housing solutions, initiate more education programs for local children, and create resources that reduce the drop - out rate in school.
People are increasingly viewing renting as more affordable than buying a home, a survey from Freddie Mac has found.
«And our goal is to make sure that the rent - stabilized apartments we have today stay affordable for the long - term and we don't lose any more of them.»
Recommendations range from a need to build more affordable housing, through to proposals for a «Help to Rent» scheme which could help more young people negotiate the challenges of saving for a deposit and costly monthly rents, as well as better mental health support and incentives to encourage companies to take on more young apprentices.
MPs have urged the government to work with local authorities to deliver affordable rental properties and says that local housing benefit levels should be reviewed to more closely reflect market rents.
Folks in the neighborhood say those rents are too expensive, though, and they'd like to see more affordable housing be built.
The borough president also discussed the need to build more affordable and permanent supportive housing as a means to prevent homelessness, and threw his support behind Queens Assembly Member Andrew Hevesi's Home Stability Support plan, which would give rent subsidies to those in danger of losing their homes.
Both programs focus on maintaining or creating affordable housing — a big issue for a city where more than 30 percent of New Yorkers spend more than half of their income on rent.
Joseph Strasburg, president of the landlord - backed Rent Stabilization Association, dismissed DiNapoli's report and said expanding tax breaks and subsidies to developers would do more to expand affordable housing.
LOWER EAST SIDE — Tenants in a sprawling affordable housing complex on the Lower East Side are fighting a proposed 13 percent rent hike that would result in more than $ 3 million in extra rent over two years.
Rent stabilization laws last came under review in 2011 and, since then, more than 35,000 affordable units have left the system, according to city officials.
In New York, several elected officials have defended tenants in rent - regulated apartments and pushed for more affordable housing in recent years.
He has stymied de Blasio at many turns, holding back funding for affordable housing, homelessness prevention, the MTA, and more, while holding hostage issues of rent regulations, the 421 - a tax abatement, and extension of mayoral control of schools.
RM: Successive chancellors have tried to give a boost to housebuilding but Hammond has had a very positive reception from the Royal Institution of Chartered Surveyors, who say this plan means he has listened to calls for more housing for rent and affordable homes to buy.
«As a State Senator,» he explained, «I will fight for the things that matter to New Yorkers: strengthening rent laws and preserving affordable housing, increasing access to quality schools, safeguarding the environment, promoting economic and social justice, preventing violence in our communities, and creating a fairer and more accessible political process.»
He supports more state funding for public housing, rent subsidies and affordable housing.
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