Ten apartments in a newly built building on Atlantic Avenue participate in the lottery for affordable housing, allowing citizens with low income to rent a great apartment for $ 780 a month. According to the system Housing Connect, the lottery opened on Wednesday. Only 10 affordable apartments available in the building at 1007 Atlantic Ave, which is currently under construction. To apply for participation in the lottery, the income of…

In may sales of homes in the U.S. unexpectedly rose to the third largest level in a decade, and a chronic shortage of offers on the real estate market has led to growth and median housing prices, which reached a record level. The national Association of realtors said that in the current year, sales of single family homes rose 1.1% to 5.62 million, for a seasonally adjusted basis last month….

This is probably one of the few ratings that residents of Los Angeles would not like to lead. In the new study, the business school of the University of California says that the Los Angeles ranked first in the list of cities with the most unfavorable housing in respect of purchase and for rent. The rest of the region is not too far behind from the leader: three of the…

At the beginning of last year, the company Monadnock Construction announced plans to add to the rental market around 250 new affordable apartments, in collaboration with Urban Properties LLC. The apartment was supposed to place in one of the hotels in Mott Haven (the Bronx), and now some of them ready and involved in the lottery for affordable housing. 13-storey building located at 530 Exterior Street. It includes 124 apartments:…

Finally the renovations and expansion of Penn Station began. Last week opened the new lobby of the West End Concourse and the entrance on Eighth Avenue. But this is only the tip of the iceberg. Now it is planned to expand the Farley Buildingto house a new hall. On Friday Governor Andrew Cuomo announced that Amtrak, the MTA, the Port Authority and other organizations interested in funding transactions of 1.6…

When it comes to real estate in San Francisco, the iconic Ferry Building on the waterfront Embarcadero is a tasty morsel. Company Blackstone Group, which currently belongs to the cult complex, where is the Ferry Building Marketplace fair, Saturday market CUESA Farmer’s Market and several restaurants, is planning to sell the Ferry Building and two buildings for $ 300 million. It is still unknown when the deal goes down, and…

Recently the University of Chicago and is based in Baltimore the company Wexford Science and Development announced plans for the construction of office and laboratory space with an area of 280 000 square feet on the corner of 53rd Street and S. Lake Park Avenue. It will be the next stage of a larger project for the development of the Hyde Park Harper Court, in which were already constructed 12-storey…

Parent company Google — Google spent 30 million dollars to buy 300 modular homes from the Factory OS. The contract will be»new» for both sides. Google has never purchased such houses and Factory OS did not produce them in such numbers. Google wants to make modular homes served as temporary housing for company employees. This will be a small but significant indication of the solution to the housing crisis. A…

When it’s time to get a new house, one of the first to draw attention to most people, it’s … math. What do you need to buy a house and how much you need to keep it? People tend the focus to pay for a huge down payment. And then they carefully calculate their costs on full repayment of the cost of housing and the monthly mortgage payments. These costs…

As part of a plan to increase the property tax approved by the Chicago city Council in 2015 for homeowners in cook County, including Chicago, the tax will again be increased. According to the Chicago Tribune, property owners can expect a 10% rate hike in the second half of 2017. Tax increase in 2017 is the second of the four stages of the plan. Its original goal is to reduce…