But the turnover costs of single family rentals is way higher
than apartment buildings.
Also the building maintenance is way higher
than apartment buildings (adjusted on a per unit basis).
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.
But since your properties are located across multiple markets, you carry less risk
than an apartment building that is only in one location and heavily dependent on the swings of that local economy.
Not exact matches
Since launching Raleigh Construction Company (now Raleigh Enterprises) in 1955, he has acquired, developed and managed more
than 11 million square feet of real estate across the globe, reimagining dormant plots of land and run - down commercial
buildings as resort hotels, residential
apartments, office towers, shopping centers and film studios.
Esperanza's Budlong
Apartments - a 12 - unit
apartment building located less
than two miles from the AllenCo drilling site - is one of the nearly 800
buildings in Los Angeles that qualify for SOMAH benefits.
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.
Buffett, notoriously thrifty, paid even less
than the estimate for housing, living on the sixth floor of an
apartment building across the street from the university.
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.
Although the long - term returns on real estate are less
than common stocks as a class (because an
apartment building can't keep expanding), real estate can throw off large amounts of cash relative to your investment.
Real Estate Investment Trusts (REITs, pronounced «reets»), which invest in and manage commercial real estate such as office
buildings, shopping malls and
apartment buildings and distribute most of their income to shareholders, have risk - return characteristics different
than those of stocks and bonds and thus provide valuable diversification benefits in a portfolio.
The brothers finished
building the bombs in Tamerlan's
apartment in Cambridge, Mass., faster
than they had anticipated, and so decided to accelerate their attack to the Boston Marathon on April 15, Patriots» Day in Massachusetts, according to the account that Dzhokhar provided to authorities.
Co-sponsoring Eggman's bill was the California Solar Energy Industries Association, which notes the challenge of installing solar panels on any multi-unit
apartment building is far greater
than on a single - family home, especially for a
building housing low - income tenants.
We're moving into a bigger
apartment in our
building in November and I'll have a stove that can use more
than one burner and the oven simultaneously!
This is Pelé's most cherished ideal: the simple life — life in a fairly modest
apartment that is no better and no worse
than the 35 other units in a pastel blue
building one block from the beach at Santos; a life of fishing and hunting in the backwoods, away from the crowds, or listening to records at home; a life of cautious investing, of moderate spending and quiet dignity; a life, in short, that should be almost impossible for the most famous athlete in the world.
A ton of iron extracted from the earth, refined, shaped into an I beam and woven into the skeleton of a high - rise
apartment building is no more or less a natural wonder
than a badlands butte.
Heck, there are probably more rats in some of their
apartment buildings than there are on the platforms.
NEW YORK — Mayor Bill de Blasio today laid out a 10 - year plan to
build or preserve 200,000 affordable
apartments across all five boroughs — enough housing to serve more
than a half - million New Yorkers.
The head of the New York City Housing Authority (NYCHA), landlord to more
than 400,000 New Yorkers and leader of more
than 11,000 employees serving about 178,000
apartments in nearly 2,600
buildings, believes that the future of public housing in the city must be driven by the same type of innovation embodied in its early years.
All
apartments in the
building will serve extremely low - and low - income individuals earning no more
than $ 34,860 annually.
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.
Spinola, who served as the powerful Real Estate Board of New York's president for nearly three decades, remarked that Litwin's company, Glenwood Management, had defied convention by
building larger
apartments than most other developers.
To date, Lantern has developed 15
buildings around New York City which include more
than 1,400
apartment units.
Glenwood, which Litwin founded in 1961, has developed more
than 25
buildings and 8,000 rental
apartments in Manhattan, many of them featuring large fountains and semicircular driveways with porte - cochères that mimic the old - money mansions of Long Island.
If
built, the Family Community Life Center — a mixed - use project that has been in the planning stages for more
than 25 years — would include an Olympic - size indoor swimming pool, a 25 - seat theater and media center, 24 - hour day care facilities, an indoor walking track, gymnasium, fitness center, classroom space, and 132 affordable
apartment units intended as «workforce housing» for the area.
After a two - year fight between the small group of residents at a Brooklyn senior citizens residence and the developer who owns the
building, a $ 3.35 million settlement was reached this week, paying each of the holdouts — whose ages range from 91 to 101 — more
than $ 500,000 but forcing them to leave their
apartments by the end of the summer.
Environmentalist Majora Carter plans on infusing a Hunts Point
apartment building with a fragrance that will make it smell like green grass rather
than the local sewage plant.
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 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.
Current state law bars online platforms from enabling rentals for fewer
than 30 days, unless the host is present, in most
apartment buildings.
Weiner himself emerged from his Manhattan
apartment building less
than three hours after his wife walked in.
Caballero, who is openly gay, says he believes «lesbians are favored for
apartments» — as more
than half of the
building's 12 known female residents are gay.
Litwin founded Glenwood in 1961, and the firm has since developed more
than 25
buildings and 8,000 rental
apartments in Manhattan.
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.
The second phase of Urby Staten Island is expected to break ground in the summer with another
building that has more
than 300
apartments and 30,000 square feet of retail space, the developers said.
«The mayor's unfortunate proposal for the new 421 - a tax subsidy, which was made even worse by Albany, will cost the City far more
than the old program while barely increasing the requirement to
build affordable
apartments, and failing to offer basic protections for many tenants.
It has worked, in some ways: More
than 7,500 below - market - rent
apartments were
built as a result last year.
Litwin, whose company owns more
than two dozen
buildings with over 8,500
apartments in the city, had been the largest political contributor in the state.
Some 3,000 superintendents, janitors, doormen, garbage handlers and other workers in more
than 1,000 Bronx
apartment buildings are threatening to walk off the job at 12:01 a.m. March 15 unless their union, 32BJ, is able to come to terms with the group representing their employers, the Bronx Realty Advisory Board.
He also said the restaurant plans to meet with residents of the
apartment building above to discuss noise issues — City Councilman Ydanis Rodriguez's office claims to have collected more
than 400 complaints over the past few years — and it is working with the
building's landlord on a compromise regarding a vacant ground - floor
apartment Gino Hernandez had used illegally.
«Some people know him better
than others; some don't know him as well yet,» said State Assemblyman Jeffrey Dinowitz, who has frequently escorted Mr. Espaillat around his predominantly white Bronx district in recent weeks, greeting constituents in
apartment buildings and subway stations.
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.
At a City Council oversight hearing held this past September, administration officials announced that more
than 100 affordable
apartments for seniors and a health care facility would be
built at 30 Pike St.. A Request for Proposals (RFP) is supposed to go out this year, but neither local elected officials nor the community board have received any updated information about the timetable for the RFP.
At a City Council oversight hearing held a year ago, administration officials announced that more
than 100 affordable
apartments for seniors and a health care facility would be
built at 30 Pike St., in part to make up for the loss of Rivington House.
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.
He lives in an upscale Park Avenue
apartment building and gets occasional visits from his children who are happier to leave
than arrive.
The team moves fluidly between Los Angeles, Hong Kong and Jakarta, operation hubs set up in
apartment buildings and hotels rather
than relying on more stable institutions.
The Genesis coupe also looks good, and it probably caught more stares in the ten - minute drive to my
apartment than all the cars Hyundai has previously
built combined.
Since leaving Booklist in 2010, former associate editor for Adult Books Ray Olson has continued contributing reviews to the Adult Books department and Booklist Online from his new home in St. Paul, MN, which feels quite comfortable because his
apartment building has been in his family longer
than he has.
When she snaps a pic of popular actor Joon Hoo in a less -
than - flattering light, Geunyoung loses her job, sending her into a tailspin of destructive behavior: she
builds a website declaring herself to be Joon Hoo's number one «anti-fan,» sends him a blackmail letter, and protests outside his
apartment building.