On June 14, the New York State Legislature passed and Gov. Cuomo signed into law, the Housing Stability and Tenant Protection Act of 2019 (S6458). Some of the law’s provisions are noted below: Repeal of vacancy decontrol and high-income deregulation: … Continue reading →
The new 12-storey, 223-unit multifamily development at 1035 4th Street, NW (307 K NW) in DC’s Mount Vernon neighborhood has 50 units set aside for grandfamilies (families headed by grandparents) making between 30 and 40 percent of the area median … Continue reading →
More new apartment units are under construction in Miami as a percentage of the existing inventory than in any other city in the U.S. The 18,000 new units that are either planned or under construction amount to 10.8 percent of … Continue reading →
On Thursday, the DC Court of Appeals halted the city’s plan to redevelop the 444-unit Barry Farm complex. In
Continue reading →Specialty grocer Trader Joe’s is expanding further in DC. In addition to Foggy Bottom, 14th Street and Capitol Hill (which opened last Friday), the California-based retailer plans to open a fourth DC location at Union Market next year and recently … Continue reading →
From 2012 through 2016, developers completed an average of 225,000 new apartments per year, according to National Real Estate Investor (citing data from Multifamily Housing Council (NMHC) and the National Apartment Association (NAA)). To Also, Allopathic drugs in a form … Continue reading →
A CoStar Group assessment of the impact of Hurricane Harvey and the subsequent flooding shows 175 million square feet of commercial space located within Metro Houston’s 100-year flood zone. This total includes 72,000 apartment units and 20 million square feet … Continue reading →
Built in 1981, the property at 2501 M Street NW is undergoing a conversion from a Class B office (with three floors of condos on top) to a 59-unit multi-family condominium building with retail on the ground level. PRP Real … Continue reading →
One-third of U.S. households paid more than 30 percent of their incomes for housing in 2015, according to Harvard University. Even though almost two-thirds of U.S. Instead they should openly talk about the issue and also it leads them to … Continue reading →
As of March 21, the average home price in Tehran was around $108/sf with regional variation ranging from $201/sf (District 3) to $49/sf (District 18), according to Financial Tribune (citing data from the Central Bank of Iran). Home prices It … Continue reading →