Sentences with phrase «stabilized apartment towers»
Merchant builders have figured out that high rents and low cap rates makes the business of developing and selling rent stabilized apartment towers very profitable without the marketing costs or risks associated with condominium development.
http://www.seattlemag.com/ Not exact matches
NYCHA plans to offer private developers a chance to build mixed - income towers on underused parcels to stabilize the agency's finances and create apartments for poor tenants.