Sentences with phrase «new apartment units»

Many of the markets where developers have been doubling down on building new apartment units are likely to have enough renters to fill those apartments over the next decade or so, according to the latest research commissioned by the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA).

In 2016, developers will start construction on 320,000 new apartment units, followed by 275,000 units annually during the next few years.

Though there is potentially an oversupply in new apartment units starting next year, this will mainly be in suburban or less supply - constrained areas.

Get in touch with our leasing office for any questions about the new apartment units.

Only 29,000 new apartment units joined the rental markets in the first quarter, roughly comparable to the number of new units that online in the first quarter of 2014, which was also usually cold.

With this confluence of factors, the pace of construction of new apartment units is understandably expected to decline over the next few years.

Since 2011, Austin developers have added more than 32,000 new apartment units, with another 11,400 units that were proposed or underway as of the second quarter, according to brokerage firm Marcus & Millichap.

The resulting delays have added 30 to 45 days to the time needed to construct new apartment units at many projects, says Davis.

They involve the addition of more than 2,400 new apartment units, which will almost double Frasers Hospitality's China portfolio, bringing it to 26 properties with more than 5,900 serviced apartment units in 14 key cities and second - tier cities.

On average, it cost $ 102,000 to build each of those new apartment units last year, according to census data, compared with $ 224,000 for each single - family home.

Construction continues unabated in Saratoga County, with 300 new apartment units going up this year.

The project will include 275 new apartment units and...

I'm totally slowing my pace to RE exposure now as rents and values have had such an incredible run and the supply is seeing new records with 100s of thousands of new apartment units hitting the market.

Not exact matches

One thing that remains to be seen is how local regulators will respond, especially in cities like New York where it's illegal to rent out one's full unit in an apartment building on Airbnb for less than 30 days.

With 20,000 new condo apartments coming in each of the next two years and mortgage rates rising, be very careful about grabbing a pre-sale unit — especially to rent.

The company, which owns more than 1,500 apartment units in Greater Boston including nearly 1,000 in Allston - Brighton, acquired a new 19,250 - square - foot headquarters at 1200 Soldiers Field Road from Intercontinental Real Estate Corp. on May 24 for $ 3.8 million.

Urbis records that there were less than a third of new apartments launched in the March 2017 quarter (225 units) compared to the previous December 2016 quarter (668 units).

In 2010, just 11,400 apartment units of this type were built — only 5000 or so new two - to - four — family structures in the entire United States.

WASHINGTON, D.C. (October 10, 2013)-- In 2012, 2,803 different multifamily lenders provided a total of $ 146.1 billion in new mortgages for apartment buildings with five or more units, according to a report from the Mortgage Bankers Association (MBA).

Sales agents for the Blessed and Colorful Apartments, a new high - rise complex in the southern part of the city, say that prices for the units have risen nearly 30 % since they went on sale in January.

If your new home has any detached living units like a basement apartment, you can also propose to find a tenant and add the estimated rent as part of your income in the application.

CoStar Group, another real - estate research firm, predicts new - apartment supply will peak this year at 220,000, but an additional 350,000 units will hit the nation's 54 largest markets in 2015 and 2016 combined.

The vast majority of the units are existing apartments, not new construction — a strategy born of design and necessity.

The latest disclosure, following a Freedom of Information request, is that taxpayers paid more than # 1,600 for a new shower unit for his grace - and - favour apartment, # 420 on kitchen chairs and # 95 on fixing the net curtains in the flat where his family's nanny lives rent - free.

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 units.

Mayor Bill de Blasio promised 200,000 affordable housing apartments, including 50,000 units for New Yorkers earning less than $ 40,000.

«The trendy replacement for hotels and hostels in effect removes housing units from the overall supply — units that might otherwise be available to rent to New Yorkers looking to rent an apartment,» it states.

Financed with State and New York City resources, developed by HELP USA, SAGE, $ 41.4 Million, 84 - Apartment Affordable Development Features LGBT Support Services for Tenants; 26 Units Reserved for Homeless Seniors

Last week, the group Sustainable Saratoga introduced a zoning amendment that would require new apartment developments to dedicate at least 20 percent of housing stock to «affordable» units.

The Tenant Protection Unit has returned more than 41,000 New York City apartments to rent regulation.

Albany, New York, May 24, 2016 — New York State Homes and Community Renewal (HCR) and the New York State Office for People With Developmental Disabilities (OPWDD) joined Living Resources, Regan Development, The Community Preservation Corporation, elected officials, and partners to announce the opening of Lion Heart Residences in Cohoes, a new $ 16.4 million 72 - unit development that offers affordable homes for working families, as well as apartments with support services for people with developmental disabilitiNew York, May 24, 2016 — New York State Homes and Community Renewal (HCR) and the New York State Office for People With Developmental Disabilities (OPWDD) joined Living Resources, Regan Development, The Community Preservation Corporation, elected officials, and partners to announce the opening of Lion Heart Residences in Cohoes, a new $ 16.4 million 72 - unit development that offers affordable homes for working families, as well as apartments with support services for people with developmental disabilitiNew York State Homes and Community Renewal (HCR) and the New York State Office for People With Developmental Disabilities (OPWDD) joined Living Resources, Regan Development, The Community Preservation Corporation, elected officials, and partners to announce the opening of Lion Heart Residences in Cohoes, a new $ 16.4 million 72 - unit development that offers affordable homes for working families, as well as apartments with support services for people with developmental disabilitiNew York State Office for People With Developmental Disabilities (OPWDD) joined Living Resources, Regan Development, The Community Preservation Corporation, elected officials, and partners to announce the opening of Lion Heart Residences in Cohoes, a new $ 16.4 million 72 - unit development that offers affordable homes for working families, as well as apartments with support services for people with developmental disabilitinew $ 16.4 million 72 - unit development that offers affordable homes for working families, as well as apartments with support services for people with developmental disabilities.

New York State Homes and Community Renewal (HCR) announced that the Housing Trust Fund Corporation (HTFC) approved a $ 154,868 grant to the Utica Municipal Housing Authority in Oneida County for completion of essential security enhancements at the 93 - unit Chancellor Apartments at 417 Bleecker Street.

A City Council bill would force the apartment - sharing service to turn over the names and addresses of all its New York City hosts so officials can crack down on units with «violations» — even when those breaches have nothing to do with their Airbnb listing.

New York State Homes and Community Renewal (HCR) joined Wilder Balter Partners, community leaders and residents to mark the dedication of Hemlock Ridge Apartments, 60 energy - efficient units of affordable housing in the Sullivan County hamlet of Livingston Manor.

(April 5, 2017) New York State Homes and Community Renewal (HCR) joined Catholic Charities Brooklyn Queens, the Roman Catholic Bishop of Brooklyn and the Executive Director of the Governor's Office of Faith Based Community Development Services at the dedication of the Bishop Thomas V. Daily Residence, a 60 - unit apartment complex for the formerly homeless, including veterans.

The website for AG Spanos shows the company owns residential and commercial properties around the country and the only property in New York the company takes credit for building is a 300 - unit luxury apartment complex called Patroon Creek near Washington Avenue in Albany, where Duffy stays when he's in town for legislative business.

May 5, 2016 - New York State Homes and Community Renewal (HCR) Commissioner James S. Rubin today announced the start of construction for the Joseph L. Allen Apartments, a new $ 17.9 million New York State funded 51 - unit affordable and supportive housing development in Schenectady's Hamilton Hill neighborhoNew York State Homes and Community Renewal (HCR) Commissioner James S. Rubin today announced the start of construction for the Joseph L. Allen Apartments, a new $ 17.9 million New York State funded 51 - unit affordable and supportive housing development in Schenectady's Hamilton Hill neighborhonew $ 17.9 million New York State funded 51 - unit affordable and supportive housing development in Schenectady's Hamilton Hill neighborhoNew York State funded 51 - unit affordable and supportive housing development in Schenectady's Hamilton Hill neighborhood.

It is illegal in New York to rent empty apartments in buildings with more than three units for fewer than 30 days, a law that has proven challenging for Airbnb.

To date, Lantern has developed 15 buildings around New York City which include more than 1,400 apartment units.

Mayor Bill de Blasio has long criticized New York City's use of privately owned apartment buildings to house homeless families, and his administration has, in its first six months, taken steps to reduce the amount that the city pays for these units.

Democrats in the state Assembly had mounted a strong push to tie approval for a new tax abatement to rules that would make it harder for New York landlords to turn rent - regulated apartments into free - market uninew tax abatement to rules that would make it harder for New York landlords to turn rent - regulated apartments into free - market uniNew York landlords to turn rent - regulated apartments into free - market units.

The plan promises hard deadlines for removing homeless New Yorkers from controversial cluster - site shelters and hotels: 10,000 people would be removed from the city's 3,000 cluster apartment units by the end of 2021.

Now the purchasers of that building, George and Stacy Fakiris, have come before the Town Board at its June 3 meeting to present the first architectural drawings of the adaptive reuse that they have planned for it: a 60 - unit apartment complex that will put the new EEO process to the test.

Residents of the Marine Drive Apartments face massive rent increases under new rates for units in the Waterfront facility.

A $ 16,250,000 New York City Housing Development Corporation (HDC) permanent first mortgage loan for the rehabilitation of Simpson Street Apartments in the Bronx, containing 301 low - income units.

Corning - Arbor Housing and Development is pleased to announce that we have received $ 4.7 million to build a new 60 - unit building on the site of Meadowbrook Apartments in Corning, NY.

Among the proposals in her «Rent Justice for All» program are ending the preferential rent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal agency.

More about his affordable housing plan: Mayor Bill de Blasio promised 200,000 affordable housing apartments, including 50,000 units for New Yorkers earning less than $ 40,000.

The House NY initiative works in tandem with the HCR Office of Rent Administration's vigorous efforts to protect more than two million rent - regulated tenants, and HCR's Tenant Protection Unit which proactively audits and investigates landlord wrongdoing and has returned more than 40,000 New York City apartments to rent regulation.

A plan to require apartment buildings in Poughkeepsie, New York with nine or more units to have live - in superintendents isn't going over well with building owners.