Sentences with phrase «rent than a building»

A high - rise complex will be cheaper to rent than a building with less than nine rental units.
A high - rise complex will be cheaper to rent than a building with less than nine rental units.

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.
A few years ago, HP execs said the company would compete head on with Amazon Web Services in public cloud computing, a model in which businesses rent computing capacity from a provider like Amazon, Microsoft or Google (GOOG) rather than building out more of their own data center capabilities.
If the new campus is built in Nashville, rents would rise 3.3 % next year — about four times faster than currently projected, according to a new analysis by the real estate site Zillow.
Today McMenamin rents a 1,500 - square - foot room in the basement of his apartment building in Eugene, Ore., where he grows more than 400 types of coral.
The discipline of investing in this asset class requires some knowledge of specialization; e.g., rental houses have different economic characteristics and rents than industrial warehouses, storage units, office buildings, or lease - back transactions.
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.
The fascinating thing to me is, even though now more than 90 % of their stores are franchises, in most cases, McDonald's still owns those buildings, still collects rent, in addition to the franchise fees for all its franchises.
She declined to say whether the expansion was tied to plans Cisco announced in March to spend more than $ 1 billion over the next two years to build up its cloud computing services, which allow companies to rent computing space rather than build their own.
However, if buying a home is far out of reach, Scorgie advises to rent while trying to build savings rather than putting yourself in a financially burdensome position.
It's nothing more than a rented building with a bunch of exercise equipment inside.
«Rather than paying rent (in other words, putting your money towards your landlord's mortgage), you are investing money in an asset that builds equity,» Scorgie writes in her book.
It thrived amid the 19th - century urban scene through the clever idea of having a mixed - use building: the church built more space than it needed for worship and rented some of the space to businesses.
The church has more than 100 people who attend, had owned the building for more than 20 years, and decided to rent another facility in town at about one - third the cost of owning.
Additionally, flex space costs less to build than other office spaces, and as such the rent tends to be much lower.
A spokesperson for Cuomo says he has twice strengthened rent protections and created the first of its kind tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization, and $ 550 million for NYCHA.
«This governor has spent his entire career in public service fighting homelessness and building affordable housing and it's under his leadership that New York is implementing an unprecedented $ 20 billion anti-homelessness and housing problem, twice strengthened rent protections with Assembly Democrats and created a tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization,» said spokesman Rich Azzopardi.
In addition, Crain's reports that the asking rent for Vornado's 145,000 square foot office building was $ 150 per square foot, more than double the average office rent in Manhattan.
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.
HCR is committed to collaborating with partners, and keeping homes affordable and communities strong by protecting one million rent - regulated units, managing a portfolio of more than 190,000 multifamily units and administering more than $ 1.5 billion each year to expand affordable housing opportunities and build strong communities throughout New York State.
The program allows developers who set aside at least 20 percent of the units in their projects at below - market rents to build taller or denser projects than would otherwise be allowed.
A Manhattan Judge ruled that a single - room - occupancy hotel on the Upper West Side must stop renting short - term rooms out to transients and tourists — after attorneys for the building's tenants filed suit alleging the company was in violation of a March court ruling that said units could not be rented for less than 30 days.
«This is not a joke and this is not a game for us,» said Zoey Pappas, head of the building's tenants association, which represents more than half the property's rent - stabilized residents.
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 ageRent 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 agerent 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 agerent 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 agerent 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.
Under rent regulation, the maximum rent for an apartment can increase no more than a certain percent every year, based on inflation, improvements to the building or apartment, as well as other costs.
Indeed, yesterday's Budget cuts to Housing Benefit are a sideshow to the big issue in housing, which is that spending has shifted dramatically towards supporting individuals with housing costs - rather than investing in bricks and mortar over the last twenty or so years since rent controls were abolished and local authorities were made to stop building council houses.
They are suing a landlord who owns more than 100 building for illegal rent increases.
County officials say a planned $ 3.4 million renovation will revive the vacant, 108 - year old building and save the county more than $ 600,000 a year in rent paid to private landlords.
Four - hundred homeless adults were brought to the single room occupancy (SRO) building, where 71 rent - regulated tenants already lived, to be housed at a cost of more than $ 3,000 a month per unit.
Above all, the mayor has failed to use his bully pulpit to push for repeal of Vacancy Deregulation and other loopholes in the rent laws that have cost the city far more affordable apartments than he can ever build.
It has worked, in some ways: More than 7,500 below - market - rent apartments were built as a result last year.
But his imprint is on the Manhattan skyline in dozens of buildings he built, owned and operated — more than 8,700 apartments with high - end amenities and lofty rents.
The Democrat - supported bill — which already passed in the House — would affect the many landlords who own buildings with single room occupancy units and prefer to rent them out to tourists rather than low - income New Yorkers.
The Bloomberg Administration is strongly backing another state bill, set to be introduced within the next month, which would make renting apartments such as those in Class A buildings — ones that have more than seven units and are granted a residential certificate of occupancy — for less than 30 days clearly illegal, regardless of whether they are owned or leased.
While public school buildings are publicly funded, charter schools have no financial resources for building, renting, or renovating, and must find them or take them from the funds they get for teaching, which are in any case less than the support the public schools receive.
Leo Casey, Executive Director of the Albert Shanker Institute and a former vice president of New York's teachers union, suggested that it's about more than just rent: «Eva Moskowitz's schools are a particularly egregious case... every school is co-located and as a co-location, what they get for free is not only the building, the facilities itself, not only the space that's up to code, etc..
Others say renting high school space to a charter school does nothing more than allow private schools to siphon off more kids and resources from traditional CPS buildings.
Here are a few examples: the for - profit company will install their own handpicked boards that in turn hire the company for «management,» and these fees routinely cost up to 15 % of the school's FTE; the for - profit company will demand that parents purchase supplies directly from the school itself, which is often another LLC that charges exorbitant rates for the basics; in many cases, the biggest part of the scam is one LLC (e.g. Red Apple Development, the construction arm of Charter Schools USA) will purchase land to build the school on and then turn around and charge the school (read: taxpayers) rent that is substantially higher than the going rate / property value, sometimes as high as a million dollars a year.
In the 2009 - 10 fiscal year, Mitchell received more than $ 3 million from the two charter schools for management fees and the cost of renting the buildings from another company Mitchell owns, according to publicly available copies of the charter school's tax returns, as reported by NC Policy Watch's Sarah Ovaska.
(A) an inn, hotel, motel, or other place of lodging, except for an establishment located within a building that contains not more than five rooms for rent or hire and that is actually occupied by the proprietor of such establishment as the residence of such proprietor;
Instead of building or renting their own e-commerce platform — and instead of building their own devices or apps — news orgs can hand that job off to Amazon and reach a broader potential audience than other solutions might.
I agree it's not the best or most efficient way to build wealth, but depending on your circumstances, buying a house may be a better financial option than renting (say if you stay in your home for a long time or you bought at a truly low price point).
Utility costs can be mitigated in newer construction apartments with energy - efficient windows, but these homes are often substantially more expensive to rent than one which was built just a few years ago.
If the rents charged to the tenants in your building are lower than the local average, that's good.
You may wind up paying more than you currently do in rent, but renting won't allow you to build equity in your home and you won't be able to receive any of the tax incentives that can also come from home ownership.
Notice this is just the mortgage payment that's higher than the rent and doesn't Continue reading Latest Intel on Apartment Building Investment for 2014
Pay your rent in less than 8 seconds and build your credit history with Equifax, Experian, and TransUnion.
You get a type of inexpensive independent living that is lower density than an apartment building, and the rent you have to pay is lower than renting an apartment.
Now in their new home, the Domingos are building equity rather than paying rent and they are establishing themselves in their community.
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