Sentences with phrase «of high vacancy»

If the new Amazon HQ2 came to town, Detroit would see moderate rather than severe rent increases, largely because of its high vacancy rate of 11 percent and its ability to add new housing stock rapidly.
They imagine that a glut of expensive housing forces the price of housing down to the point that it becomes affordable and apartments that rent for $ 2000 - 3,000 per month will be discounted to $ 600 a month because of high vacancy rates.»
Big distressed properties like Ross Tower, set in the Arts District neighborhood between the central business district and uptown, may be a large part of the high vacancy rate in in the submarkets near the middle of Dallas.
The apparent contradiction of a strong investment market at a time of high vacancy rates is at odds with a commercial real estate rule of thumb: Property sales rise when leasing is strong.
They target above - average appreciation by focusing on the opportunistic acquisition of high vacancy portfolios, usually requiring modernization & renovation to enhance rents.
According to a recent Bloomberg report, the property is loosing money because of its high vacancy rate and debt cost.
If the new Amazon HQ2 came to town, Detroit would see moderate rather than severe rent increases, largely because of its high vacancy rate of 11 percent and its ability to add new housing stock rapidly.
A recent Baidu study of phone data gave clear evidence of 50 cities with areas of high vacancy.
«Not surprisingly, some of the highest vacancy rates are in markets with the highest potential rental returns such as Chicago, Detroit, Indianapolis, St, Louis and Baltimore,» says Blomquist.

Not exact matches

With a reputed vacancy rate of less than 2 % on more than 40 million square feet of industrial, office and retail property in the GTA, the company is known for moving fast, despite the high - octane distraction of the Canadian Tire Motorsport Park, Fidani's pet project.
Jacobson is only the latest high - profile departure from the State Department, which has shed many of its most senior officials under Trump and failed to fill many vacancies.
CB Richard Ellis director of office leasing Andrew Denny said that even these figures masked an unrealistically high future CBD vacancy rate.
Because the New York metro area — including all five boroughs, not just super-expensive Manhattan — has a huge population and a relatively high vacancy rate, an influx of even 50,000 new workers wouldn't mean much in the greater scheme of things.
With high retail vacancies in Southwestern Ontario and an unemployment rate of 9.6 percent in Windsor, Ontario, a stronger and more profitable retail sector should be desired, not feared.
Higher vacancy and fewer owners living in the project mean that each unit pays a bigger share of the association dues, making the whole project more likely to fail if just a few owners default.
«The New York State Court of Appeals, the state's highest court, has reaffirmed the long - standing legal practice and widely held understanding of the application of the Rent Stabilization Law's vacancy decontrol provisions,» REBNY's president John Banks said in a statement.
Office buildings located within 500 meters of rapid transit stations generally benefit from lower vacancy rates and higher rents than those areas not served directly by rapid transit.
Trepp and his fellow panelists agreed that even with up to 1.5 million square feet of new office space potentially delivered to market in the next three to five years, the Vancouver market would remain «in balance», peaking at no higher than 14 per cent vacancy when the new supply arrives.
Philadelphia's large size and high vacancy rate of 9 percent help mitigate some of the rent impacts of the Amazon HQ2.
As larger metros with high vacancy rates, Philadelphia and Detroit have a significant amount of slack in their housing market, helping protect these cities from more significant rent increases.
Luckily, Austin has a bit more slack in its housing market, with a vacancy rate of 8 percent and a higher rate of permitting compared to job growth.
Surveys of businesses» hiring intentions are at high levels, and print - based vacancy measures have been growing in line with the above - average growth in the labour force.
While a high level of job vacancies continues to indicate strong employment growth in the near term, information on employment intentions from the major business surveys has been weaker recently (Graph 22).
In Sydney and Melbourne, rental growth is being constrained by high vacancy rates relative to levels of the past.
Skilled vacancies, according to the survey conducted by the Department of Employment, Workplace Relations and Small Business, are at historically high levels.
It is designed to force out - of - province owners to contribute more to B.C. government coffers or rent out their homes in cities where rents are sky - high and vacancy rates less than one per cent.
Combined with the unexpectedly early departure of the Fed's vice chair, Stanley Fischer, and the three pre-existing vacancies out of the seven seats on the Fed's board of governors, there has remained a high degree of uncertainty about the future composition of the central bank's leadership.
While the reported number of vacancies declined in the June quarter, the series has trended upwards for some time and in the June quarter was still more than 10 per cent higher than a year earlier.
Vacancy rates in both cities have declined a little recently, but remain at high levels and could move higher as a large number of new apartments comes on stream.
Similarly, print - and internet - based measures of vacancies indicate a high level of demand, although the interpretation of quarterly movements has been affected by unusual holiday - related seasonality.
Memphis ended 2017 with an overall vacancy rate of 14.8 percent, which is up slightly from where the year started at 14.5 percent — the highest level in three years.
there is no doubting that Arsene has helped to provide us with some incredible footballing moments in the formative years of his managerial career at Arsenal, but that certainly doesn't and shouldn't mean that he has earned the right to decide when and how he should leave this club... there have been numerous managers at each of the biggest clubs in Europe throughout the last decade who have waged far more successful campaigns than ours yet somehow and someway each were given their walking papers because they failed to meet the standards laid out by the hierarchy of their respective clubs... of course that doesn't mean that clubs should simply follow the lead of others, especially if clubs of note have become too reactionary when it comes to issues of termination, for whatever reasons, but there should be some logical discourse when it comes to the setting of parameters for a changing of the guard... in the case of Arsenal, this sort of discourse was largely stifled when the higher - ups devised their sinister plan on the eve of our move to the Emirates... by giving Wenger a free pass due to supposed financial constraints he, unwittingly or not, set the bar too low... it reminds me of a landlord who says he will only rent to «professional people» to maintain a certain standard then does a complete about face when the market is lean and vacancies are up... for those who rented under the original mandate they of course feel cheated but there is little they can do, except move on, especially if the landlord clearly cares more about profitability than keeping their word... unfortunately for the lifelong fans of a football club it's not so easy to switch allegiances and frankly why should they, in most cases we have been around far longer than them... so how does one deal with such an untenable situation... do you simply shut - up and hope for the best, do you place the best interests of those with only self - serving agendas above the collective and pray that karma eventually catches up with them, do you run away with your tail between your legs and only return when things have ultimately changed, do you keep trying to find silver linings to justify your very existence, do you lower your expectations by convincing yourself it could be worse or do you stand up for what you believe in by holding people accountable for their actions, especially when every fiber of your being tells you that something is rotten in the state of Denmark
The next priority should be areas of the country experiencing the combination of both high unemployment and a low number of vacancies.
The process for filling the vacancy on New York's highest court got underway today following the surprise death last week of Judge Sheila Abdus - Salaam.
ALBANY — The process for filling the vacancy on New York's highest court got underway Monday following the death of Judge Sheila Abdus - Salaam.
Even though only about 13 percent of rent - stabilized apartments turn over each year, a report released on Tuesday by the antipoverty group Community Service Society of New York argued that the vacancy allowance, which has been in place since 1969, is so high that it contributes more to the overall rise in stabilized rents than the annual increases.
Now, she says with two vacancies on the state's highest court, it's time for Gov. Andrew Cuomo, who championed the legalization of gay marriage in the state in 2011, to appoint a member of the LGBT community to the New York State Court of Appeals.
The vacancy on the state's highest court is occurring because the 14 - year term of Judge Victoria Graffeo expires at the end of November.
The majority of the more than 9,013 units that are no longer stabilized was lost due to a vacancy and high rent, Capital reported.
To do that, the Assembly has put forth a bill that would repeal vacancy decontrol and increase high income and high rent deregulation thresholds to $ 300,000 and $ 3,000, respectively, among other expansions of the current laws.
Analysis by Politics.co.uk of council reports from across England shows that many have been frantically trying to cut spending during the year by cutting high - cost care packages for elderly and disabled people and holding open staff vacancies.
In 2016, Syracuse saw its highest number of homicides on record after 31 people were killed, and vacancies at the Syracuse Police Department has been a hot - button issue throughout the mayoral race.
Governor Cuomo has until the end of this week to fill a vacancy on the state's highest court.
Mahoney will shuffle a number of department heads to fill those vacancies, leaving one high - profile job empty: Her communications director.
Of major concern this year is high - rent vacancy deregulation.
A research group led by Junichi Isoya, professor emeritus, University of Tsukuba and Tokuyuki Teraji, principal researcher, Optical and Electronic Materials Unit, NIMS, has successfully fabricated for the first time in the world single - photon sources of SiV (silicon vacancy) centers — one of the color centers in diamond during the growth of thin film diamond, which have high purity and crystalline quality — by introducing them at extremely low concentrations.
When a certain amount of oxygen vacancies (4 mol %) exists in the material, the proton concentration around Zr is higher than that around the rare - earth element which indicates protons with less influence from the trapping effects of the rare - earth element (Fig. 1).
Nurses are spread too thin High turnover and vacancy rates in nursing mean you're more likely than ever to have an overstretched nurse at the other end of that call button, according to an April 2008 statement from the American Association of Colleges of Nursing.
Hundreds of similar vacancies are advertised at any time online promising high wages to potential employees.
The film finds dramatic visuals, an invaluable and often challenging part of any documentary, for its conclusion, as the profiled families attend public lotteries where they hope to beat the long odds of getting into a high - performing charter school whose applicants may outnumber its vacancies by more than ten times.
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