Sentences with phrase «stabilized apartment properties»

Property managers seem to have responded to the fear of overbuilding, rather than actual competition that would cause vacancy rates to rise for older, stabilized apartment properties.

Not exact matches

Landlords of rent - stabilized apartments will see their property tax payments rise significantly in the coming year, while rental income will stay put.

Mayor Bill de Blasio raised rents on properties he owns in Park Slope, while at the same time calling for rent freezes for the city's roughly 1 million rent - stabilized apartments.

Managing a portfolio of 16 commercial and residential properties Responsible for supervising and payroll for 19 staff members Supervising outside contractors while responsible for approving all requisitions Responsible for inspecting apartments pre and post renovation Experienced in tenant / landlord court litigation Experienced in tenant relations Experienced with rent controlled and rent stabilized tenants and with DOB, HPD and ECB violations.

Even though the Trust's mission is to facilitate the transfer of foreclosed and abandoned residential properties to local housing groups, Nickerson recognizes that «a neighborhood won't be stabilized if you have to walk by vacant retail space or a deteriorating apartment building to get there.»

Frenkil is currently a receiver and his company acts as an REO manager for two multifamily properties in addition to managing a large stabilized apartment portfolio.

The percentage of vacant apartments at stabilized investment grade properties in the metro area inched up to 3.5 percent in the second quarter, up slightly from the year before, and may climb higher this year.