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Penn Station redevelopment takes another step forward following financing approval

Archinect

A key state oversight body approved the financing plan to redevelop Penn Station and its surrounding neighborhood Wednesday, greenlighting one of Gov. Kathy Hochul’s loftiest projects, which is estimated to cost a total of $22 billion.

Finances 242
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The Citadel effect

Brandon Donnelly

Today, the Miami housing market is feeling the effects : “They’ve been buying here aggressively,” said Michael Martinez, a real estate agent with Sotheby’s in Miami, who recently brokered the sale of a $5mn home in Coconut Grove, a quiet salubrious suburb, to a Citadel employee. The Citadel migration is definitely occurring.”

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The neutral rate and housing supply

Brandon Donnelly

He believes it will be higher than where it has been in the past: We have different models we use to estimate the neutral rate [the central bank’s estimate of where its policy rate would settle if the bank were neither trying to stimulate nor restraining the economy]. This includes everything from real estate to NFTs.

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How to Choose the Right Business Property in 2023

Architecture Ideas

However, getting the right business property is not as simple as it seems, especially when you are new in the real estate game. Buying a business property is not your typical real estate game — it is a high-stakes chess match. Assess the post-tax and insurance income to determine your annual earnings.

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What's next for affordable housing in 2024?

BD+C

What does the real estate and financial landscape look like? We distilled that information into an interactive tool—our IRA Calculator —which can estimate financing opportunities at stake in different sustainable design decisions. Located at a Bus Rapid Transit stop, Fifth & Dinwiddie in Pittsburgh, Pa.,

Housing 105
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Top 6 Mistakes People Make When Selling Their Homes To Investors

The Architecture Designs

You’re not alone—countless individuals and families across the country are deciding to monetize their investment in real estate. Ensure the investor is legitimate by reaching out for references, checking their business and real estate license, and verifying their background and accuracy with past clients.

Home 59
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Reinvestment without displacement: North Avenue Market

Community Architect Daily

For example Area 405 , a place for artists and Waverly Town Hall , a renovated small market hall on Guilford Avenue for which CBP and its real estate affiliate raised the funds to buy the building and subsidized both the developer and tenant fit out, and assists in recruiting and supporting tenants according to CBP ED Ellen Janes.