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Return to the Shire: buyer pays $2.3 million for Cronulla pad

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Best views in the Shire. A WENTWORTH FALLS resident has paid $2.3 million at auction for a two- bedroom apartment with one of the best panoramic views over Cronulla beach. The new owner — a former Shire resident moving closer to family — fought off two local couples for the 117sqm apartment with two bathrooms, single lockup garage and northeast aspect at 4/2 McDonald Street. The second-floor apartment with a huge wraparound balcony has 180 degree, unobstructed views up Cronulla beach to Wanda and Boat Harbour, and out to Jibbon. Views galore. Matthew Callaghan of Highland Property Agents said it sold just under the initial reserve but still within the price guide of $2.25-$2.475 million. “I thought it was a great result, it was very hard to price,” he said. “It was so unique, in an older building but having one of the best views in Cronulla. “Everyone loved the proximity to the mall, easy lift access and that unique north aspect which not many Cronulla apartments have.” Under ...

Homeless group close to suit over bike path plan in Uptown

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The more than three dozen people who live in tents under the Lake Shore Drive bridges at Wilson and Lawrence avenues know better than anyone that the structures need repair. Concrete from the Depression-era bridges is crumbling onto the sidewalks and streets below, posing a deadly hazard to tent-dwellers, as well as motorists, bicyclists and pedestrians. So it may seem strange that a homeless advocacy group might sue the city to stop bridge repairs before they start in mid-September. But attorneys for the Chicago Coalition for the Homeless want to stop the city's plans to put bike paths on the wide sidewalks under the bridges, which the coalition said would permanently drive the homeless out. "If they put the bike paths in, we ain't going to have room for our tents," said Thomas Gordon, 58, who lives under the Lawrence bridge. The sidewalks can currently accommodate both tents and pedestrians — bike paths would cut the space. The dilemma highlights two local tren...

Reno rent market at record-high prices, near-zero vacancy

RENO, Nev. (AP) — It's a journey that most people eventually take. Fifteen years ago , Anne Carte decided to leave the familiar comforts of home and family to move out on her own. For Carte, who was 20 years old at the time, moving to the Biggest Little City from San Jose, California, represented an exciting and crucial juncture in her life. "I moved to Reno to grow up and be an adult," Carte said. The year 2002 had its fair share of memorable moments. That same year, "Star Wars: Episode II" debuted in theaters, Tiger Woods won the 66th Masters Tournament and "American Idol" premiered on television. One thing Carte specifically remembers was the cost of rent. Back then, the monthly rate for Carte's first studio in Sparks was only $495. For a young person who just moved out of home and landed an entry-level job at Target, an affordable place to stay was not a luxury. It was a b...

Reno rent market at record-high prices, near-zero vacancy

Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City." title="In this March 24, 2017 photo shows a new apartment complex in the Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City." src="src" /> In this March 24, 2017 photo shows a new apartment complex in the Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-a...

Family business builds loyalty | News-Gazette.com

CHAMPAIGN - When brothers Jeff, Steve and Mike Hartman went into the real estate development and management business together, they combined more than the initials of their first names. They also merged everything their father taught them about the construction business and all their mother taught them about family loyalty in their three enterprises, JSM Apartments, JSM Development and JSM Management. Under the JSM umbrella, the Hartmans now own and manage 700 apartments and 114,000 square feet of commercial space in Champaign-Urbana, including the new Technology Plaza apartment/retail/office complex in Campustown. And they have more developments on the way. Already started are a new apartment/retail complex on Gregory Street in Urbana, near the Krannert Center for the Performing Arts, and a new retail center on South Neil Street in Champaign, where Hillcrest Lumber used to be. The Hartmans say they work well together in business, running things jointly and never undertakin...