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Four apartment buildings, new subdivision approved near Pinewood Public School (3 photos)

City Council has approved zoning changes clearing the way for as many as four three- storey apartment buildings and up to 51 multiple attached dwellings on a long, narrow lot at 3876 Queen Street East . The apartment buildings on the northern part of the lot near White Pines Collegiate and Vocational School would contain 60 dwelling units . The multiple attached dwellings would be on the southern portion of the property near Queen Street and Pinewood Public School . The new subdivision will have 51 metres frontage along Queen and extends back 514 metres . The northern part of the property has been flagged as having significant archeological potential and developer Paul Guindon (1890713 Ontario Inc.) will be required to conduct additional archeological assessment work before any soil disturbance or development is allowed. "The applicant is seeking some flexibility in determining the overall dwelling unit mix within this...

The unexpected benefit of renting an older apartment

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When it comes to finding an affordable apartment, age is certainly more than just a number. While popular for their classic architecture and original hardwood floors , older apartment buildings also offer another benefit: cheaper rent than more recently constructed buildings , according to an analysis of neighborhoods in New York City’s Manhattan borough by apartment search site RentHop . On average, for every year older an apartment is, the rent is cheaper by $6 a month. While these savings figures may seem small, they can add up quickly in a city like New York. A 50-year-old building could be $300 cheaper per month than a newer one, which would equate to roughly a 10% savings in Manhattan where the median rent is $3,100, RentHop said. “Given that buildings can be decades old, this difference could be huge,” RentHop said in the report. The report was based on publ...

West Side luxury apartments soon to rise By Richard Metcalf / Journal Staff Writer Published: Sunday, September 29th, 2013 at 11:43pmUpdated: Tuesday, October 1st, 2013 at 9:14am

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Copyright © 2013 Albuquerque Journal Construction is expected to begin in early October on the $ 23 million Broadstone Cottonwood , a 254- unit luxury apartment project on the hill between the Intel Corp. plant in Rio Rancho and Albuquerque’s Cottonwood area. A joint venture of Albuquerque’s Titan Development and Phoenix- based Alliance Residential , Broadstone Cottonwood will be built on 13.3 now-vacant acres on the west side of N.M. 528. It will consist of 24 mostly two- and three-story buildings with a total of 325,433 square feet of space, which includes rental garages . Designed in what could be called a California Mission style of architecture, the Cottonwood project will be a variation of another Titan-Alliance collaboration, the 280- unit Broadstone Santa Monica apartments at 6401 Santa Monica NE , east across Interstate 25 from the Journal Center . Advertisement Continue reading The Cottonwood and Santa Monica projects combined create work for about 700 workers in constr...

New Jersey firm to finish Allentown apartments after developer charged in Ponzi scheme

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Summit Ridge luxury apartment development on River Road in Allentown" alt="Construction has resumed at the Summit Ridge luxury apartment development on River Road in Allentown" /> Construction has resumed at the Summit Ridge luxury apartment development … (MICHAEL KUBEL, THE MORNING…) April 30, 2013 | By Peter Hall, Of The Morning Call Nearly three years after construction stalled at the Summit Ridge Apartments on Allentown's east side, a New Jersey real estate firm has picked up where the project's bankrupt developer left off. After foreclosing on the property and winning an $8.3 million verdict in Lehigh County Court , Diversified Realty Associates of Summit, N.J., aims to complete the luxury apartment buildings by the end of the year. The project's hiatus, which left some residents living amid an abandoned construction site , was the result of former developer David Connolly 's financial meltdown that led federal prosecutors to charge him l...

How the City Nails Landlords for Their Tenants’ Illegal Airbnb Rentals – Commercial Observer

T wo weeks ago, a Manhattan Supreme Court judge handed down a decision designed to strike fear in the hearts of landlords. Justice James d’Auguste ordered that an independent receiver be appointed to manage two Midtown residential buildings where the landlords allegedly allowed illegal Airbnb rentals to occur. The case, which began when the city sued the landlords in February 2015, has become one of the battlegrounds in a larger war between city enforcement agencies and short- term rental sites like Airbnb. Airbnb, which was recently valued at $31 billion, refuses to release the exact addresses of hosts who break the law by renting their entire apartment for less than 30 days without being present. Without the addresses and names of Airbnb violators , the city mostly targets the owners of buildings that rack up the most illegal hotel complaints from 311 calls and the New York City Department of Buildings. “This entire model—and it was intentional [by the city]—is complaint-drive...

Photos show Watergate apartments before Nixon sullied its image

By John-Henry Perera , Chron.com / Houston Chronicle Published 7:28 pm, Sunday, August 13, 2017 Photo: Michael Rougier/The LIFE Picture Collection /Getty Images Image 1 of / 14 Caption Close Image 1 of 14 Close-up of lifeguard Linda Fox as she sits poolside at the Watergate complex, Washington DC, 1969. In the center rear is the Watergate East co- op apartment building . (Photo by Michael Rougier/The LIFE Picture Collection /Getty Images) less Close-up of lifeguard Linda Fox as she sits poolside at the Watergate complex, Washington DC, 1969. In the center rear is the Watergate East co- op apartment building . (Photo by Michael Rougier/The LIFE Picture ... more Photo: Michael Rougier/The LIFE Picture Collection /Getty Images Image 2 of 14 Aerial view of the Watergate complex located in the Foggy Bottom neighborhood , Washington DC, 1969. Pictured are Watergate West (left), the Watergate Hotel and Office buildings (center), and Watergate West. (Photo by Michael Rougier/The LIFE...

Post-Recession Apartment Boom Earns Long Island City Top Spot

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Of all the apartment construction we witnessed in the past few years, 10 U.S. neighborhoods stand out for the greatest numbers of apartments built in the post- recession rental boom era . Using Yardi Matrix and Property Shark construction data , RENTCafé tallied up apartment completions that took place between 2010 and 2016 to see which neighborhoods saw the highest volumes of new rentals. Here they are: At the top of the list , Long Island City in Queens, New York City, has built a stunning 12,533 new apartments in 41 apartment buildings since 2010 , by far more than any other neighborhood in the U.S. Like many other New York neighborhoods, LIC slowly gentrified from a former heavily- industrial neighborhood filled with warehouse-type buildings to a highly- desirable residential area gleaming with new residential high -rises and conversions. Just a 15- minute train ride to Midtown Manhattan and much more affordable in terms of housing costs, Long Island City ’s apartment marke...

Apartment construction underway in south Loveland

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By Craig Young Reporter- Herald Staff Writer concrete slab foundation Monday at a new apartment complex under construction on" alt="Jaime Lupian with M&R Concrete, left, puts some finishing touches on a concrete slab foundation Monday at a new apartment complex under construction on" style="border: 0px;" /> Jaime Lupian with M&R Concrete, left, puts some finishing touches on a concrete slab foundation Monday at a new apartment complex under construction on the northeast corner of Southeast 14th Street and Lincoln Avenue in Loveland. The project, Pinyon Pointe, is directly west of Waterford Place Apartments , seen in the background. ( Jenny Sparks / Loveland Reporter-Herald ) LOVELAND -- The residents of Waterford Place Apartments in south Loveland will be getting new neighbors by the end of the year as the first units in a new complex open. Pinyon Pointe, a 166-apartment project at 451 SE 14th St ....