NYC real estate
fromHoodline
3 hours agoRabsky Affiliate Proposes 197 Units In BedStuy
Rabsky Group plans to build two mid-rise rental buildings in Bedford-Stuyvesant, adding 197 apartments under new tax incentives.
NAA-NMHC research shows we need to build 4.3 million more apartments by 2035 to meet demand. To date, the Trump Administration has implemented a number of pro-housing, common-sense policies from easing burdensome regulations to eliminating barriers that slow development which are important steps in the right direction. Yet now more than ever is the time for decisive and transformational action.
All of the appliances and systems are brand-new: the HVAC, the lighting, the entertainment. Touch screens of various shapes and sizes control this, that, and the other. Rows of programmable buttons sit where traditional light switches would normally be. The kitchen even has outlets designed to rise up from the countertop when you need them, and slide away when you don't.
It is critical that we deliver real solutions that empower Americans and strengthen communities, committee Chair French Hill (R-Ark.) said in a statement. This month, the Financial Services Committee will advance solutions to tackle housing cost and access challenges for American families, homeowners and renters. Next year, we look forward to working with our Senate colleagues to send a bill to the president's desk that reflects the views of both chambers and leads to more affordable choices for America's homeowners and renters.
The real estate investment landscape in the United States is not solely dominated by institutional buyers such as Wall Street giants-rather, small landlords with fewer than 11 properties make up more than 90% of investor-owned homes in the country. The latest Investor Pulse report by CJ Patrick Co. and BatchData reveals that even in states with high rates of investor ownership, it is primarily small landlords who are driving this trend, particularly in Maine, Montana, Alaska, and Hawaii.