Sentences with phrase «rental unit builds»

Only 11 per cent of housing starts since 1996 have been rental unit builds.

Certify that rental units built before 1978 are free of lead paint hazards by submitting a compliance letter from a licensed inspector.

You should get pertinent information from your Altoona landlord such as: when was the rental unit built?

Not exact matches

Unlike the condominiums and rental units he used to build, he says, «it's not meant to be affordable.»

«We buy a piece of land and then build multi-family condos or rental units of single homes,» explains Kraatz.

Developers are shifting toward building rental - purpose units to fill the demand from that market, and new construction will likely slow down this year, says Guatieri.

An accompanying press release from the university's media office explains the study comes from a «survey of more than 1,500 families with children living in rental high - rises built between 1950 and 1979,» a housing category that covers half of all rental units in metropolitan Toronto.

Under New York State's Multiple Dwelling Law, short - term rentals of fewer than 30 days are illegal in buildings with three or more units, unless the owner is present.

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.

Its initial business model was to buy rundown rentals, renovate them, and attempt to get rent - regulated tenants to vacate their units in order to charge incoming tenants market rents, but it now builds ground - up development as well.

The Urban Development Institute, which represents developers, has warned the NDP against imposing too many demand curbs, pushing instead for incentives for purpose - built rental units and less red tape to promote more multi-family construction.

Homebuilders also face tens of thousands of dollars in regulatory compliance costs and fees, increasing home prices or limiting the number of homes built, including much - needed rental units.

The building is home to 298 affordable rental units, a garden terrace, a gym and a children's playroom.

Designed by award - winning SHoP Architects, it is a full - service rental building with 363 mixed - income units.

The group discussed Jamison's site at 3700 Wilshire Boulevard, where the developer wants to build a 36 - story mixed - use tower with more than 500 rental units.

The buildings contain 45 rental apartments and seven commercial units.

Some 52 percent of all rental units in the U.S. are single - family homes, housing 27 percent of all renters.i Most, 3.60 million, were originally built for owner occupancy but passed into the ranks of rentals when their owners lost them through foreclosure.

In addition to holding several multi-unit rental buildings, he is currently developing in stages more than 350 units in Jersey City representing a total development cost of 100 million dollars.

Apartments in the building will be rental units; an earlier version referred to them as condominiums.

This small building maybe used as a rental unit of housing or as a place to work; it may also be properly regarded as an example of private sector affordable housing.

In Massachusetts, for example, the rental housing market is the primary source of shelter for low - income households, but it costs about $ 85,000 to build a modest apartment unit.

The team effort of the City of Buffalo, Governor Cuomo's team and HCR and ESD, Regions Bank, JPMorgan Chase Bank and CPC has allowed for the development and repurposing of the building into 53 affordable rental units being made available to Buffalo and Erie County families, including eight units for incoming international refugee families looking for a new start in Buffalo.»

These programs will aggregate sites to develop affordable housing, including one - to four - family homeownership opportunities and up to 20 - unit rental buildings.

The private equity fund Savanna bought the Willoughby site for $ 28 million in 2014 and submitted plans to build a 44 - story, 270 - unit mixed - use tower, where 81 rental units would be available at below - market rates.

It seems Spitzer had reason to celebrate: Sources tell Page Six he just sold off 144 rental units at the Corinthian — the East 38th Street building built by his father in the 1980s — to Gaia Real Estate for $ 147 million.

On four Manhattan rental buildings alone — the 173 - unit Liberty Plaza in Lower Manhattan, the 466 - unit Paramount Tower on East 39th Street, the 272 - unit Brittany on the Upper East Side and the 230 - unit Hampton Court in Harlem — Glenwood has saved more than $ 181 million in property taxes, according to the New York Daily News.

It also includes $ 125 million in credits to create and preserve affordable rental properties in New York State — which brought applause from Mayor Bill de Blasio, who has an ambitious plan to build and maintain 200,000 units of below - market housing citywide.

Spitzer's 857 - unit rental building in Williamsburg is currently under construction.

The rental building features 330 luxury units.

Prospect Heights landlord Mordechai Nagel reportedly illegally subdivided a number of units in his 1920s - era building and listed the scaled - down sub-units as rental properties...

Groups Urge Governor & Mayor to Negotiate New Agreement That Builds 15,000 Units of New Supportive Housing, Sets Aside 15,000 Others in New Affordable Housing Developments / Existing Rentals.

Spitzer is currently building a $ 700 million, 857 - unit rental complex along the Williamsburg waterfront.

The luxury rental building contains 169 affordable units.

In January, Bonjour sold the Crescent Club, a 130 - unit Long Island City rental building, for $ 97 million to Weiss Realty.

In Downtown Brooklyn, he built the Andrea, a 95 - unit rental and the first of several buildings on a 2.3 - acre site.

The building holds 309 co-op units — some of which are rentals — as well as five commercial units and a 15,000 - square - foot parking garage.

Glenwood was founded by Leonard Litwin in 1961, and is one of the biggest rental landlords in the city, with at least 33 buildings and 8,799 units, according to a TRData of city property records.

According to Public Advocate Letitia James» NYC Landlord Watchlist, Parkash has racked up 830 violations on four Bronx buildings that hold a total of 2,930 rental units.

The code currently allows developers to build up to six affordable rental units per acre.

The first phase of the Lighthouse Point project, which includes a 12 - story residential building with about 116 - rental units, a commercial building, a parking garage and a public plaza, plans to open at the former U.S. Coast Guard base in 2017, developer Triangle Equities said.

For example, Azure Partners bought a 274 - unit rental building at 1749 Grand Concourse for $ 35 million in 2012 and recently sold the property for $ 50 million to Brooklyn - based landlord Paradise Management.

Elsewhere uptown, L+M and Tahl Propp Equities recently landed $ 126.5 million in financing to develop a 400 - unit, 15 - story rental building in East Harlem.

Parkash owns 7,200 rental units in 11 buildings across the city.

Representatives for Riverside Developers USA Inc. presented their plan to build 296 rental apartments, with approximately 90 units slated to be affordable, to Bedford - Stuyvesant's community board 3 on Dec. 5

Meanhwile, Mayor Bill de Blasio has proposed a set of reforms, which includes applying the tax break only to rental buildings and implementing a mandatory 25 to 30 percent of affordable units.

Tenants of London Terrace Gardens, a 921 - unit rental building in Chelsea, can proceed with a lawsuit alleging illegal rent hikes related to a tax...

There'd be $ 250 million over five years for repairs and improvements at Mitchell - Lama properties, $ 500 million over five years to build 6,000 supportive housing units statewide, and $ 44 million for rental subsidies for domestic violence victims.

It will involve the new construction of 11 buildings and the rehabilitation of 14 existing one and two - family houses to create a total of 49 units of affordable rental housing for low income individuals and families.

Speaking Wednesday in Nassau County, Cuomo reiterated his desire to also «strengthen» rent protections by raising the rental ceiling above which units are deregulated and changing how much tenants can be charged for capital improvements at their buildings.

Offered for rental at Hertz stores in major cities across the United States, some of the 1,000 Shelby - built rental units were rumored to have been returned to Hertz with evidence that they had been driven, well, with more enthusiasm than one would typically attempt on a public road.