Apartment City

RIO DE JANEIRO ― Seven years ago, Vila Autódromo was little more than a tranquil fishing village on the edge of Jacarepagua Lagoon, next to the racetrack for which it was named. Like the hundreds of other favelas that dot Rio de Janeiro ’s landscape, it had long been neglected by the city government , and it lacked many basic public services that are standard in the fast- growing wealthier neighborhoods just across the water. But to the more than 600 families that lived there, it was home. “This was a paradise,” said Luiz Cláudio Silva, who lived in Autódromo for more than 20 years. “I thought that I would live here for the rest of my life.” By the time the Rio Olympics are over, just 20 of the families who lived in Autódromo in 2009, the year the International Olympic Committee chose the city to host the games, will remain. The community, which sits less than a mile away from Rio’s Olympic Park, was crushed so that the city could build new access roads to connect Olympic venues . ...

Over the next week, SouthBMore.com will be posting development photo tours of all the projects under construction in South Baltimore . This tour features development in Otterbein, Federal Hill, and Sharp-Leadenhall. Check out SouthBMore.com’s South Baltimore Development Rundown for information about all the real estate projects under construction, recently completed, or in planning in South Baltimore . 414 Light Street The currently under- construction 414 Light Street development will include 394 apartments, 40,000 sq. ft. of outdoor and indoor amenity space , 12,300 sq. ft. of ground floor retail space , and a 550- car parking garage . More than 25 floors have been constructed and exterior glass is being installed. The site was formerly a McCormick & Company spice factory . Each of the building’s 41 floor plans will be named after a spice. 414 Light Street will offer studio, one-bedroom, and two-bedroom apartments. More than half of the units will have private balconies. Ba...

Plans to renovate Lassiter Courts , a public housing complex in the city’s Southeast Community, will move forward after getting state approval this summer for an important piece of funding. But the state’s rejection of similar funding at Spratley House will delay plans there until at least next year. The Newport News Redevelopment and Housing Authority plans to do the same kind of work at Lassiter — about $5.9 million worth — that it has done at Oyster Point, Cypress and Brighton apartment complexes : renovating kitchens, fixing up roofs and floors, and working on HVAC systems, to name a few plans. public housing complex es get step closer to renovation" class="trb_em_ic_img" title="Two Newport News public housing complex es get step closer to renovation" src="src" /> Those properties have been or will be renovated under a program called Rental Assistance Demonstration , or RAD, which is operated under the Department of Housing and Urban Develop...

The Howard Hughes Corporation (NYSE:HHC) Q2 2017 Earnings Conference Call August 8, 2017, 10:00 AM ET Executives David Striph - Executive Vice President , Investor Relations David Weinreb - Chief Executive Officer Grant Herlitz - President David O’Reilly - Chief Financial Officer Peter Riley - General Counsel Analysts Alexander Goldfarb - Sandler O’Neill Robert Majek - CJS Securities Will Randall - Citigroup Waheed Khorsand - BWS Financial Alex Barron - Housing Research Center Steve Shaw - Compass Point Operator Good morning. And welcome to The Howard Hughes Corporation Second Quarter 2017 Earnings Conference Call . All participants will be in a listen-only mode. [ Operator Instructions ] After today’s presentation, there will be an opportunity to ask questions. [ Operator Instructions ] Please note, this event is being recorded. I would now like to turn the conference over to David Striph, Executive Vice President , Investor Relations . Please go ahead. David Striph Good morning. A...