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Chinatown's low-income senior building is taking applications for the first time in 25 years

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96 Baxter Street via Google Street View The 13-story, 88- unit rental building for low- income seniors at 96 Baxter Street in Chinatown has opened its waiting list to new applicants this week for the first time in 25 years (h/t Lo-Down). Only people aged 62 and older (over 18 if they are mobility impaired) can apply. The units rent for  30 percent of one’s annual income ; studios are available to those earning less than $33,400 a year and one-bedroom to those earning less than $38,200. The waitlist originally contained over 3,000 names, a number which now stands at only a handful. Among the building’s current tenants, two are reportedly 108 years old. The youngest residents are about 85. Joining Chung Pak as they re-open their wait list for low income senior housing . The need for quality sen housing is more pressing than ever pic.twitter.com/ggZPntfeW1 — Margaret S. Chin (@CM_MargaretChin) August 22, 2017 Chung Pak Local Development Corp . held a news conference to announce the re...

Venice has become an epicenter of Los Angeles’ struggle over short-term rentals. Call it the Airbnb problem

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On any summer weekend, Venice Beach is the ultimate urban beach carnival : exhilarating, loud, funky and diverse. No wonder Ocean Front Walk is one of the state’s premier attractions: It’s amazing entertainment and it’s 100% free. But unlike other tourist spots — say Disneyland or Universal CityWalk — Venice is still primarily a residential neighborhood . Because of that, Venice has become an epicenter of Los Angeles’ struggle over short-term rentals, what you might call the Airbnb Problem. To get a sense of it, I took what some local housing activists have dubbed a “Lost Housing” tour of Venice on Saturday afternoon. Over the course of four hours, I visited half a dozen buildings on or very close to the Boardwalk that have been converted, without permits, from long- term rental apartments to short-term rentals, or — yes — let’s call them what they really are: hotels. If you are wondering why the rental housing market in a place like Venice Beach is so tight, look no further than y...

Lexington developer re-developing building he once owned as extended-stay hotel into millennial condos

The former Crossland Economy Studios at Patchen Village has been closed for several weeks, and the noise of a drill prepping a wall to be knocked down echoes through its tattered remains. Walk into a room and be prepared to hold your breath: Trash litters the dirty carpet, including fast-food wrappers, a chip bag and a child’s yellow truck. The televisions are ancient thick screens , scraps of blue-and-ivory wallpaper in some kitchenettes were last popular during the “country kitchen” fad of the 1980s and at least one of the rooms gives off the thick smell of repeated urination. But, by the end of 2017, this could become tiny apartments for millennials, complete with a coffee bar and computers in an expanded, airy lobby. Prices for the new apartments have not yet been set. “We’re looking for people who don’t want a big place,” Norwood Cowgill , president of Cowgill Properties , said. “They want a small place, just to sleep in.” Norwood Cowgill launched his StudioPlus brand from this ...

UB to Dedicate Creekside Village Student Apartment Complex

BUFFALO, N.Y. - The grand opening of Creekside Village , the University at Buffalo's newest student housing complex , will be held at 10 a.m. Aug. 22 in the community building of the complex on Skinnersville Road on the UB North (Amherst) Campus. The fifth apartment-style complex to be built for student housing by UB in five years at no cost to New York State taxpayers , Creekside Village will open this month for graduate and professional students, including married students . The five projects have provided fully furnished apartments for 2,170 students that did not exist five years ago. The $ 11 million Creekside Village project , sponsored by the University at Buffalo Foundation and UB Alumni Association , is comprised of 13 two- story buildings featuring 102 two-bedroom townhouse units and 14 two-bedroom ranch-style units for a total designed occupancy of 232. Seven of the buildings are located along the west side of Bizer Creak on the northern edge of the North Campus near ...

Developer has big US housing plans - USA

When He Yuanliu came to the US in 2014, he was alone. Now, the vice-president of property developer DMG Investments LLC sits in a high- rise office building on Wall Street with a staff of 20. Across the Hudson River is what He considers a milestone for his company: One Park, a 14-story, 204-unit condominium on New Jersey's so- called Gold Coast . "It's the first project that has been developed and funded by ourselves, showing we have successfully fit into the US housing market," He said. The US subsidiary of DoThink Group, one of the top 100 real estate firms in China, DMG Investments was established by Hein New York when he arrived. Construction of the $150 million, 409,029-square-foot One Park in Cliffside Park started in October 2015 and is expected to be completed in the summer of 2018 and to be fully occupied in two years. A sales office for the condominium opened on July 1. "We decided on Cliffside Park because we saw it as a very habitable neighbor,...

Palo Alto Housing Unveils Revitalized Affordable Housing in City of Palo Alto

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Colorado Park Apartments – 1141 Colorado Avenue, Palo Alto, CA 94303 PALO ALTO, Calif. – On August 17, 2017, Palo Alto Mayor Greg Scharff , City Council Members , and other local leaders gathered to celebrate the grand re-opening of Colorado Park Apartments , an affordable residential rental community developed by Palo Alto Housing (PAH).   “The City of Palo Alto is proud to be a longstanding partner of Palo Alto Housing ,” said Mayor Scharff. “Preserving and renovating high- quality affordable housing , like Colorado Park, helps ensure that Palo Alto continues to be a great place to live, work, and raise a family.” The City of Palo Alto was also a partner in the original construction of Colorado Park in the early ‘70s. Colorado Park Apartments is a seven-building, 60- unit garden walk -up complex originally constructed in 1972 by PAH. The property has a diverse unit mix with eight one-bedroom, 24 two-bedroom, 22 three-bedroom, and six four- bedroom apartments . The latter two...

Palo Alto Housing Unveils Revitalized Affordable Housing in City of Palo Alto -- Palo Alto Housing

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Colorado Park Apartments - 1141 Colorado Avenue , Palo Alto, Calif." title=" Colorado Park Apartments - 1141 Colorado Avenue , Palo Alto, Calif." width="250" height="150" class="im2" /> Colorado Park Apartments - 1141 Colorado Avenue , Palo Alto, Calif. PALO ALTO, Calif. - Aug. 17, 2017 - PRLog -- Palo Alto Mayor Greg Scharff , City Council Members , and other local leaders gathered today to celebrate the grand re-opening of Colorado Park Apartments , an affordable residential rental community developed by Palo Alto Housing (PAH). "The City of Palo Alto is proud to be a longstanding partner of Palo Alto Housing ," said Mayor Scharff. "Preserving and renovating high- quality affordable housing , like Colorado Park, helps ensure that Palo Alto continues to be a great place to live, work, and raise a family." The City of Palo Alto was also a partner in the original construction of Colorado Park in the early ...

$31.9M Revitalization Of Palo Alto Affordable Housing Complex Unveiled

From Monaghan Communications, Inc.: On August 17, 2017, Palo Alto Mayor Greg Scharff , City Council Members , and other local leaders gathered to celebrate the grand re-opening of Colorado Park Apartments , an affordable residential rental community developed by Palo Alto Housing (PAH). "The City of Palo Alto is proud to be a longstanding partner of Palo Alto Housing ,” said Mayor Scharff. “Preserving and renovating high- quality affordable housing , like Colorado Park, helps ensure that Palo Alto continues to be a great place to live, work, and raise a family.” The City of Palo Alto was also a partner in the original construction of Colorado Park in the early ‘70s. Colorado Park Apartments is a seven-building, 60- unit garden walk -up complex originally constructed in 1972 by PAH. The property has a diverse unit mix with eight one-bedroom, 24 two-bedroom, 22 three-bedroom, and six four-bedroom apartments. The latter two unit types are two-level townhouses with washer/drye...

PRESS RELEASE: Co-Developers Conor Commercial and Ravine Park Partners Break Ground on Woodview Apartments in Deerfield, Illinois | National Real Estate Investor

CHICAGO – The co- development team of Conor Commercial Real Estate , a national real estate development firm and a member of The McShane Companies , and Ravine Park Partners (RPP), a Jeff Annenberg and Greg Moyer company , is pleased to announce the groundbreaking for Woodview Apartments, a new 248- unit luxury apartment development in Deerfield, Illinois.  Prominently situated at Deerfield Road and Interstate 94 in the north suburban Chicago market , the multi- family development will provide luxury rental residences incorporating an upscale array of features together with well- appointed tenant amenities .  The co- development team will begin tenant occupancy in first quarter of 2015 while the remaining portions of the complex will be completed in summer 2015. The four-story, 432, 000 square foot apartment development will be constructed with thoughtful architectural and landscape design in order to seamlessly integrate into the surrounding neighborhoo...

ICYMI: Al Capone’s Park Slope Home Is For Sale

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PARK SLOPE, BROOKLYN — If you've ever wanted to live in the old Brooklyn home of a notorious gangster, you've got a chance to do it. The Park Slope home where Al Capone used to live is up for sale, and it will only cost you a cool $2.5 million to move in. Capone grew up in a nearby building on Garfield Place, according to realtor.com, and moved into this listing in the early 1900s. "If he had lived here today, he wouldn’t have to go into the rum-running business," listing agent Bren Salamon told Patch . That's because Capone could make some serious dough from the two rental units attached to the condo, which could bring in a pretty penny in 2017 Park Slope . Anyone who moves in, though, won't be looking at any old relics of Brooklyn gone by. The home, as many are in the borough these days, was completely renovated by an investor about a year ago. The main townhouse is 2, 980 square feet spread over two levels. Along with three bedrooms and 2.5 bathrooms, t...

$48 million apartment complex breaks ground in West Ashley | Business

An apartment development valued at $48 million is coming to West Ashley. Charleston-based Middle Street Partners  said it has broken ground on the 316-unit Atlantic at Grand Oaks complex on Ashley Gardens Boulevard . It's near West Ashley Circle at Bees Ferry Road and Glenn McConnell Parkway . The rental complex will feature 16 two- and three-story buildings and a 7,000-square-foot clubhouse with a fitness center, cafe and community kitchen overlooking a pool. The 26-acre site also will feature large open spaces and several grand trees for which the property is named. Apartments will include kitchen islands with granite countertops, 9-foot ceilings and screened porches. Live Oak Contracting of Jacksonville, Fla., is the general contractor. Construction should be completed in October 2018. Now renting A new 240- unit apartment complex is now open in Goose Creek. The Passage at 100 Underwood Lane, owned by Woodfield Investments and managed by CF Real Estate Services , is ...

Mesa Ridge Apartments - Apartments - 3502 Angelucci St, San Diego, CA - Phone Number

6 3502 Angelucci St San Diego , CA 92111 (858) 569-7681 Carla is the best property manager I've ever had, no joke! I've lived in 3 different apartment complexes the last few years, and she has been the most attentive, kind and helpful. The downsides of this place are the washers and dryers. They eat my money often, but I call Carla to let her know and she gives me my quarters back the next day! The carpet in the hall is also pretty old and not too attractive, but they say they are going to replace it once the dogs (existing dogs were grandfathered in, they no longer accept dogs ) are no longer on the property. Who knows. The apartment, itself, has been pretty great. Nice carpet, huge rooms, good sized bathrooms , and nice walk in closet in the master. The appliances are kinda old, but they work just fine. The neighbors get kinda loud at times and I admit, I get pretty annoyed at that. There's not much anyone can do though. Some of the noise comes from the other apartment...

Irvine Co. Makes Big Buy With La Mirage Apartment Complex

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La Mirage: hilltop site a few blocks from Qualcomm Stadium The Irvine Co. has bought an upscale apartment complex in Mission Valley — the company’s largest single-property acquisition of the year. The Newport Beach- based real estate investor and developer recently closed on the purchase of La Mirage, a 1,410- unit apartment complex just off Interstate 15. The 74- acre hilltop site is a few blocks from Qualcomm Stadium. La Mirage was bought from Chicago- based apartment owner Equity Residential . A sale price for the transaction, which was completed late last month, was not disclosed. The tab would come to about $ 350 million based on a per- apartment price of about $250,000 — the going rate for high- end rental properties in the region. That estimate would put the deal among the most expensive seen in San Diego this year. The county’s priciest real estate sale of any type this year is reported to be La Costa Resort and Spa in Carlsbad. Dallas-based Omni Hote...

Apartment community in East Naples fetches $67 million

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CLOSE Lisa Conley gives the scoop on what we are working on today. Aventine at Naples (Photo: All Commercial Photography ) The sale of Aventine at Naples points to the strength of the East Naples market — and the growing demand for apartments.  The 350- unit apartment community off Collier Boulevard, between Davis Boulevard and Rattlesnake Hammock Road , recently sold for $67 million.  The sellers, Continental Realty Corp ., based in Baltimore, purchased the complex for $44.25 million in 2013, when both employment and multifamily rental rates were on the rise in the Naples area. More: Downtown Naples office tower sells for $16 million More: Newly built Port Royal home fetched record price this year, eclipsing last year's most expensive sale More: Local investors purchase a second building on Fifth Avenue South More: Two commercial buildings sold for $7.2 million on Fifth Avenue in Naples Continental made various upgrades to the complex, which included installing an outdoor k...