Tag Archives: News
NYC apartment rents rise in tight market – Newsday
Renting a Manhattan pad is going to cost you a lot more these days — assuming you can find one. The average monthly rent for a Gotham apartment jumped hundreds of dollars last year, according to real estate market reports … Continue reading
Manhattan Apartment Rents Jump 9.5% as Would-Be Buyers Hold Off Purchases – Bloomberg
Manhattan apartment rents jumped 9.5 percent in the fourth quarter as landlords emboldened by increasing demand cut concessions and pushed price increases in what’s traditionally the slowest leasing season. The median effective rent, or what … “apartment rents” – Bing … Continue reading
RioCan REIT Reports Acquisition Of Interest In 38 Income Properties In 2011 – RTT News
Further, while the weighted average capitalization rate, or cap rate, was 6.7 percent this year, it was 7.1 percent for the earlier acquisitions. Of the 38 properties, 24 are located in Canada, RioCan elaborated, and carried an aggregate purchase price … Continue reading
Highlights – Ireland unveils 2012 taxation measures – Reuters UK
The NAMA policy guidance provides an opportunity for NAMA to approve rent reductions where it can be shown that rents are in excess of the current market levels and viability is threatened.” “The Government is committed to helping address the … Continue reading
Rents seen rising next year as vacancies fall, economy improves – St. Louis Post-Dispatch
Apartment rents are going up and vacancy rates going down, making for happy landlords in St. Louis, and not-so-happy tenants. The local apartment business, which took only a minor hit during the Great Recession, is back on the upswing. Rents … Continue reading
Mora Fourplex Fire Kills 3, Splits 2 Families – FOX 9 News
MORA, Minn. – The Kanabec County Sheriff’s Office says a Thursday morning fire at a fourplex in Mora, Minn., killed three people — including a father and his young son. SLIDESHOW: Photos From Mora Apartment Fire Emergency crews arrived on … Continue reading
Dublin in rent u-turn, offers sop to property market – Reuters UK
Noonan said NAMA could approve rent reductions on properties on its books if tenants could prove that the rents were above current market levels and the viability of the tenant’s business was at risk. NAMA is set to come under … Continue reading
When apartment rents climb, landlords can blame a computer – Herald Tribune
The lease renewal notices that landlords send out annually have contained little good news for renters in recent years: Rents are up and vacancies down around the country. And having resigned themselves to paying more, renters may wonder whether … … Continue reading
Landlord Balks at New School Occupation – Wall Street Journal
Cast out of their Lower Manhattan nerve center, Occupy Wall Street-affiliated protests and encampments have been popping up in other parts of the city. Some are welcomed by property owners. Others, like one at the New School, are in a … Continue reading
Property rezoning would pave way for rental development – SW Iowa News
When discussing the proposed project at an earlier council meeting, Flanagan stated the LHDC duplexes would be a high quality development in which about 15 percent of the units would command market-rate rental fees, mixed in with units that … … Continue reading