Sentences with phrase «new tenants costs»

This might be a monthly cycle but you will avoid eviction fees, rent loss due to vacancy, make ready / repair cost, marketing for a new tenant cost.

Not exact matches

According to Pamela Stamataky, an associate with Tanguay - Burke - Stratton, a Chicago commercial real estate brokerage, corporate tenants have at least four negotiating options when it comes to handling the costs of «buildouts,» such as revamped wiring, new cabinetry, carpeting, and paint jobs:

These were grossly expensive programs: in the case of Section Eight New Construction, the government virtually handed for - profit developers a blank check by promising to cover costs running over the earmarked 30 percent of tenants» income.

«Whilst we welcome the government's commitment to tackle our housing crisis, today's announcement falls far short of the quarter of a million new homes we need each year just to meet demand... We are concerned that schemes to help first - time buyers and council tenants will simply encourage people to overextend themselves, while doing nothing to address the sky - high cost of housing.»

Eight people were arrested outside the governor's Manhattan office after they blocked traffic during a protest over planned hikes on rent - controlled apartments, two days before a hearing that will determine the new monthly cost for tenants.

The governor also said that the new regulations would raise the level at which a property owner may pass the costs of major capital improvements, or MCIs, to buildings along to tenants.

«ESD is providing support in order to fund requisite upgrades while also reimbursing (Fuller Road Management) for design and construction costs, which will offset (Fuller Road Management's) debt obligations as it seeks to reposition certain NFX spaces and attract new industry tenants and projects,» ESD board materials justifying the grant state.

«The mayor's unfortunate proposal for the new 421 - a tax subsidy, which was made even worse by Albany, will cost the City far more than the old program while barely increasing the requirement to build affordable apartments, and failing to offer basic protections for many tenants.

Such efforts should include providing special consideration as to rents (e.g., rent increases should be comparable to existing contracts and commensurate with what would be expected in a public market), assisting tenants with moving and relocation costs (e.g., through the creation of a fund or by way of a requirement in the RFP), and assuring that the new market space is move - in ready before tenants are relocated.

The two federal lawsuits, filed in Manhattan and Brooklyn, claimed that NYCHA's new computer and phone systems cost Section 8 tenants their housing vouchers, causing them to pay additional rent and endure lengthy housing court proceedings.

Don't forget the cost of advertising for new tenants.

If she agrees, fill out any paperwork the landlord or property requires of you in order to run a new application — you may have to pay the standard application fee for all tenants even though you already have a lease, as the application fee covers the cost of your new credit and background check.

The costs of vacancy, fixing up the place, and possibly paying fees or commissions to get a new tenant can easily outweigh any increase in rent unless it's a runaway market.

The tenant may also be responsible for reasonable costs incurred in the process of trying to find a new tenant, such as newspaper ads, or for the time spent putting up posters.

If you stop paying the rent then it would appear that you have repudiated the contract and the landlord can sue you for damages - probably the costs of finding a new tenant and the rent up until that tenant takes over.

Faced with new costs, many landlords will adopt a «business as usual» approach and seek to pass them on to tenants.

Believe it or not this form of tenants protection that can help you replace everything in your apartment, house or condominium can cost you about the same as a new movie released on DVD.

With a replacement cost policy, tenants can get the full value of their losses, and will be able to purchase new replacements.

Chapman, a tenant there since 1913, considered several factors, including location, cost and the advantages of a new building compared with a renovation of its existing offices, said Richard Cosgrove, the firm's chief executive partner.

Promising to deliver a smoke - free unit that still aggravates the new tenant could lead to further costs and a rent abatement award from the Landlord and Tenant tenant could lead to further costs and a rent abatement award from the Landlord and Tenant Tenant Board.

The primer advises retail tenants to agree to longer - term leases — a measure landlords are sure to love — since staying in the same location both cuts the financial and environmental costs of new store build - outs and might make landlords more amenable to instituting energy efficiency features to hold on to longer - term tenants.

I mostly have the repair costs equal to or less than the new option deposit from the next tenant.

Equity Residential is among landlords having to work harder to lure tenants in those high - cost markets as a surge of new buildings gives residents more bargaining power.

Particulars for the Power House project in Jersey City — including size, cost and tenant mix — are fluid pending completion of negotiations among Cordish Co., Jersey City and the Port Authority of New York and New Jersey.

«In the event of relocation, the landlord will pay to the tenant on an equitable basis, for capital costs incurred by tenant for new trade fixtures as a direct result of such relocation.»

She was paying $ 625 and I increased to $ 925 where I could easily get $ 1100; however, she is extremely pleasant to deal with, and I didn't want to jeopardize finding a new tenant and dealing with turnover costs.

The goals are to keep total investment 15 % to 20 % below replacement cost and achieve rent increases between 10 % and 20 %, while still offering tenants a cheap alternative to brand - new housing.

When a unit becomes vacant you may not have the urgency to get it back up and running with new tenants... thereby costing you money each day.

New Rules - Allows vouchers used for manufactured homes to cover payments and insurance on the home, property taxes, ground rent, and tenant - paid utility costs, subject to the same payment standards that apply to rental payments for other housing.

Anthony Malkin, chairman, president and CEO of New York City - based Empire State Realty Trust Inc., said in a statement that the new law will align office tenants with their landlords to make smart, cost - effective investments in energy - efficient leased spacNew York City - based Empire State Realty Trust Inc., said in a statement that the new law will align office tenants with their landlords to make smart, cost - effective investments in energy - efficient leased spacnew law will align office tenants with their landlords to make smart, cost - effective investments in energy - efficient leased spaces.

This ridiculous law says a Landlord can only collect four things from a new tenant: (1) first month's rent; (2) last month's rent; (3) a security deposit no greater than first month's rent; and, (4) the cost of a new lock and keys.

«The cost of doing sale - leaseback transactions is more expensive, but there are still new tenants seeking to do them, although the scene is not as robust as it was in 1998,» said Jonathan Molin, president of U.S. Realty Advisors, New York, which works on behalf of pension funds and life insurance companies in this area of sales and financinew tenants seeking to do them, although the scene is not as robust as it was in 1998,» said Jonathan Molin, president of U.S. Realty Advisors, New York, which works on behalf of pension funds and life insurance companies in this area of sales and financiNew York, which works on behalf of pension funds and life insurance companies in this area of sales and financing.

The tenant shouldn't be paying for permits unrelated to running the building or for marketing costs associated with leasing a space to a new tenant.

So, the same diploma in on the tenant side — «should i spend «X» amount of money to find a new place (just relocation cost) or suck up the $ 40 increase ($ 480 per year)...

HNA faces the challenge of selling a building that's starting to lose some of its gold - plated tenants and in need of improvements that could cost its new owner more than $ 1 billion.

To accurately track expenses for new developments, unit renovations, tenant improvements and other capital projects, you have three choices: Excel A standalone job costing solution An integrated job costing solution RealPage Job Costing integrates with general ledger, accounts payable, purchasing, fixed assets and commercial property manacosting solution An integrated job costing solution RealPage Job Costing integrates with general ledger, accounts payable, purchasing, fixed assets and commercial property manacosting solution RealPage Job Costing integrates with general ledger, accounts payable, purchasing, fixed assets and commercial property manaCosting integrates with general ledger, accounts payable, purchasing, fixed assets and commercial property management.

RealPage Job Costing covers every type of project: new developments, unit renovations, tenant improvements, even internal projects (such as IT upgrades).

Any landlord who has performed the difficult search for the right tenant knows it's more cost - effective to keep a tenant than to continually find new ones.

All this makes her the perfect person to discuss the new changes in Ontario's tenant and landlord law: regulations related to landlords such as rent increase guidelines and standard lease agreements, how to get rid of bad tenants in a timely and cost - effective manner and how to find good quality tenants.

The pricing works out to $ 5.00 monthly per unit, and each new tenant that is delivered by Keyo costs the landlord one month's rent.

Moreover, when a tenant's lease expires, the landlord is expected to update a space to attract new tenants, costing nearly $ 30 - $ 50 per square foot in some situations.

It will hurt if rent stops getting paid and if there are material costs involved in getting new tenants in the door.

Granted, Sears accounts for only a modest amount of the total rents at most of the other REITs, but that doesn't alter the impact on the top line, potential mall traffic, and the cost and time to find a new tenant for what is likely to be a huge amount of space.

The most important benefit of renewing a lease is it eliminates the cost of finding a new tenant.

A 4 - pack of toilet paper, a roll of paper towels, a few bottles of water, hand soap and some snacks will make a huge impression on your new tenants without costing you more than $ 10.

Keeping quality tenants is a great way to eliminate the cost and headache of finding new tenants.

In addition to the cost savings, you'll also save a lot of time that you would otherwise spend marketing your unit, screening tenants, receiving applications, showing your unit, and signing a new lease.

While there is an upfront cost to new appliances and renovations, it may be worthwhile when you consider the high expense of tenant turnover.

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They can also find you a tenant, mine charged fist months rent and an additional cost every time they sign a new lease.