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Today's Post has an article, "The new housing market: Why it’s so hard to find a cheap apartment in Washington, D.C.," with this line about strategies for producing more and lower cost housing : In D.C., you could even ditch the large historic districts that make it extremely difficult to build anything substantial in many desirable neighborhoods. Too bad it's wrong.  (The article doesn't say all that much considering.) The reason that it's hard to find cheap apartments in DC, is that relative to demand, there is lack of inventory. But it's not because of historic districcts. It's because historically, DC had been a small city relatively speaking, and not an industrial city, which would have led to the construction of more and higher capacity apartment buildings and tenements. Instead, especially in the late 1800s and into the early part of the 1900s, mostly single family housing (rowhouses) was constructed in those inner city neighborhoods th...

PLAYA VISTA, Calif. , Aug. 24, 2015 /PRNewswire/ -- Just six weeks after opening its doors, the first new apartment building at Runway Playa Vista is nearly two-thirds leased. The 100-unit building is the first of four residential communities to open in the Runway mixed-use complex – the downtown of Playa Vista anchored by Whole Foods Market, Cinemark Theatres, CVS, and a wide array of new restaurants and other retailers. The buzz generated by Playa Vista's first new apartment community since 2008 has been palpable. Prospective residents registered to receive online updates and participate in tours of the new development months ago . In July, the first pioneering residents moved in, taking advantage of the new parks and retail areas now coming to life to complete the Playa Vista community vision. Robust interest in the Runway apartment community speaks volumes about the burgeoning market for housing in one of the Westside's most exciting neighborhoods. Besides being ...

Hoping to tie a surging demand for more apartment units in Spokane with a desire for density, the Spokane City Council approved changes to a city tax law this week aimed at spurring construction of more multifamily housing structures . The changes to the Multiple Family Housing Tax Exemption expand the boundaries where the exemption can be used, and aligns the boundaries with land identified by the city to be prime for denser development. The changes also increase the income levels required under the exemption. “This will help us to continue building the city from the core out,” said Councilwoman Candace Mumm . The exemption applies to the construction or rehabilitation of a building that has four or more living units. Under the exemption, the land is fully taxed, but any new improvements related to housing are exempt from property taxes. After the exemption ends , taxes are paid on the property’s full value. The exemption stays with the property even if it’s sold. There are many ...

At the end of May, the Appellate Division of the Supreme Court of New York issued a precedent-setting decision, upholding the eviction of a 69-year-old sick woman who was running a short- term rental business out of her rent- stabilized Greenwich Village apartment .   The 40-year resident was profiteering by subletting out her unit at 39 Fifth Avenue between West 10th and West 11th Streets to 93 different customers for 338 days over 18 months starting March 1 , 2011, court documents indicate.   Her rent, figured on a daily basis, was $57.80, but she was charging $95 per night for one person and $120 a night for a couple, far more than the legally permissible 10 percent lawful premium for subletting. The tenant was evicted. More and more landlords are looking to rent-regulation laws and New York State’s  multiple dwelling law , which prohibits unhosted rentals of less than 30 days in buildings occupied by three or more families, as weapons to evict tenants who have been running a de...

by: Julius Whigham II and Bill DiPaolo, Palm Beach Post Updated: Aug 12, 2017 - 6:25 PM RIVIERA BEACH, Florida - Quick action by neighbors and firefighters -- and a little luck -- saved three infants trapped inside a burning apartment on Friday that police say was set on fire by their father after a domestic dispute with the children’s 19-year-old mother. Using hammers, chairs and whatever they could grab to smash through hurricane windows, neighbors entered a burning second-floor unit at the Stonybrook Apartments. They handed a 3-year-old boy and a 1-year-old boy out the window. >> Read more trending news “They kept pounding and pounding. They were using hammers and chairs, anything they could get their hands on. They wouldn’t stop until they got those kids out,” said Riviera Beach Mayor Thomas Masters . A 1-month-old girl was still inside, residents told firefighters when they arrived about 6 p.m. Firefighters were unable to see through the heavy smoke. A thermo- imaging ...

Plans for a Chapter 40B development on Brick Kiln Road sparked tension between members of the Falmouth Zoning Board of Appeals and the public last Thursday, August 17, when some neighbors voiced concerns about the perceived negative impacts of having affordable housing in their neighborhood. The proposed rental development , named Brick Kiln Place , would include 20 units contained in 10 ranch- style duplex buildings on 3.66 acres of land. Developers John J. DeSangro and Dana J. Wessell of Northstar Construction, doing business as Northstar Place , LLC, submitted plans for the project in January. The proposed development is unofficially located at 123 Brick Kiln Road , and would sit between two residential subdivisions on Sophie Lane and Jamie Lane, built between 1960 and 2000. Zoning consultant Stephen O. McKenzie, representing Northstar Place , noted that Mr. Wessell and Mr. DeSangro live off Brick Kiln Road themselves, and chose to build the affordable housing development...

NEW YORK, NY - Centerline Capital Group , a provider of real estate mortgage services for conventional and affordable multifamily housing , announced today it has provided a Fannie Mae DUS loan in the amount of $3.25 million to refinance a multifamily property in Oak Park, Illinois.    Located at 1000 Pleasant Street, Fountainhead Apartments is a four-story building ( including unfinished basement at partially submerged garden level ) with two interior courtyards between the building’s three wings.  The property has five distinct addresses but is known primarily by its 1000 Pleasant Street address . The borrower is Fountain Head Apartments , LLC, an Illinois limited liability company , and Melvyn Kushner, a highly regarded real estate investor .  The property has been very well maintained by Kushner who has been engaged in ownership and management of multifamily complexes for nearly 40 years. “The Property was built in 1922 and has been well cared f...

10 4045 Vineland Ave Studio City , CA 91604 (855) 662-7294 I have lived here a long time and I like it. It is a bit pricey. I enjoy the built in W/D and fireplaces in the units. They have a workout room, jacuzzi, pool and small business area with computers (no printer - they used to have and I wish they would replace it). It is a quiet building, with security guards and security cameras and doors so that is nice. It is very pretty in and out with no bug issues (I hate bugs! so this is major for me) The complaints about the peeling paint and general dirtiness in the stairwells has been true from time to time, but they eventually do clean and paint. We have had water run off issues in those areas, so it took a while to repair. The general upkeep is good overall. Everyone has always been very nice and friendly to me and all repair/maintenance issues are immediately addressed. You can hear people walking above, but that does not bother me. On the whole, if you don't mind paying a b...

MINNETONKA, MN -  LeCesse Development Corporation and Morgan Management , nationally recognized multifamily developers based in Altamonte Springs, FL and Rochester, NY are proud to announce the commencement of RiZE at Opus Park, a 322 unit best in class apartment community located in Minnetonka, MN and represents a $73mm investment towards the transformation and redevelopment of the Opus Business Park off HWY-169.The community will consist of generous studio, one bedroom, one bedroom with den, two bedroom and two bedroom with den units averaging 944 square feet . The spacious, open floor plans are designed with high quality finishes including designer kitchens with granite countertops, Energy Star appliances , nine-foot ceilings, and wood- style plank flooring , complete with large walk-in bedroom closets. Additionally, all residences enjoy a large balcony or patio, with select units containing multiple balconies for panoramic views.  Plans call for the construction of a single, ...

What to Know Nina Brekelmans, 25, and Michael McLoughlin, 24, died one year ago after a fire broke out near Dupont Circle, on Riggs Place NW. D.C. officials found that the house where they rented rooms had not been inspected and was not licensed for rental. Cities across the country grapple with how to detect illegal apartments, experts say. The fire that sent flames shooting through the roof of a three-story rowhouse near Dupont Circle started on the first floor, investigators found . An electrical short sparked in the landlord’s living room, and the blaze raced upward in the historic house. Four people were inside. Nina Brekelmans awoke in the burning building and called 911, according to a lawsuit filed by her family. Firefighters arrived minutes later, but by the time they were able to reach her and her housemate Michael McLoughlin , it was too late. Brekelmans, 25, and McLoughlin, 24, were killed by the blaze June 3, 2015 at 1610 Riggs Place NW , where they each rented rooms....