«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 hous
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 hous
rent - stabilized apartments spend
more than 30 percent of their income on
rent and utilities, which is the federal standard for affordable hous
rent 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 tena
Rent Administration's vigorous efforts to protect
more than two million
rent - regulated tena
rent - 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.