Cuomo's imprint: Developers
of new residential projects with 300 or more units in parts of Manhattan, Brooklyn and Queens will bear an additional requirement to pay construction workers a prevailing wage.
The construction of new homes on the island virtually came to a standstill post - 2008, but the first two months of 2016 saw a 55 % annual rise in applications
for new residential projects, the largest in the last 10 years according to the Balearics Statistics Office, IBESTAT.
The company's
new Residential Project Marketing group will provide developers with real estate marketing and sales services for large - scale multi-unit residential projects.
The goal is to spur new residential and commercial development downtown and it appears to be working, with
several new residential projects on the go and new stores and restaurants opening in the area.
Developers are given options that require portions of
any new residential project to be below market - rate.
Mayor Bill de Blasio's Mandatory Inclusionary Housing program aims to create a framework requiring developers to make portions of
any new residential project available below market rate.
His latest project revolved around creating illustrations for two stained glass facades reaching up to 60 feet for
a new residential project in Amsterdam by housing corporation Ymere.
Tesla told Electrek on Sunday that the production of the new panels will start at the company's Gigafactory 2 by summer and they will be used for
all new residential projects undertaken by the company going forward.
Tesla told Electrek that once the new Panasonic module will go into production at Gigafactory 2 this summer, they will be used for
all new residential projects going forward.
Complicating things is a new South Miami ordinance that requires solar panels on
all new residential projects, which will increase construction costs and make it more difficult for developers to pencil out low - cost units.
These systems are common in other commercial buildings and are becoming the norm in
new residential projects.
He also buys tear downs, infill lots and raw land for the development of
new residential projects.