Because of the high costs of land and taxes, the majority of new development has been focused
on upscale projects that warrant higher rents.»
Salespeople and appraisers say the return
on the upscale project will be greater than the return on the midrange (80 percent versus 67 percent, respectively).
Not exact matches
• Lead architect for social media and SEO for Comcast's Fancast
project • Oversaw social and search optimization improvements to
upscale online auction site • Assisted in first implementation of Omniture Analytics at Comcast.com • Analyzed user experience data for client e-commerce portals • Researched & assessed opportunities for growth in online efforts • Analyzed web traffic for opportunities for improving traffic and conversions
on websites
Owner Russell Salvatore Jr. wants to add eight townhouses with garages to The Abbey, his two - story
project of
upscale apartments and retail development
on Transit Road that opened last year in Clarence.
Based
on the success of
Project Bright IDEA 1, a pilot intervention program for closing the achievement gap,
Project Bright IDEA 2 was awarded the grant to «
upscale» the program to more schools and to research the impact
on gifted programs from underserved populations.
Actually a renovation
project the micro-apartment is situated
on the top floor of an Upper West Side (the UWS is considered an
upscale, primarily residential area with many residents working in Midtown and Lower Manhattan.
A mid-range bathroom
project has an average 71 percent cost recovery, but the average recovery
on an
upscale bathroom
project is nearly 10 points lower, at 61.6 percent.
REALTORS ® in 65 markets were given construction specs and costs
on 29
upscale and midrange
projects and asked to estimate the percentage return at resale.
The most profitable
project on the national level was
upscale siding replacement, recouping 88 per cent of costs upon resale.
An
upscale overhaul will return only about 57 percent of the money spent
on the
project, and a mid-range redo about 66 percent, according to the Cost vs. Value Report.