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Trades say the former 421-a program and REBNY’s replacement offer mere “scraps” to construction workers.
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Tenant advocates cheered the idea, but other groups argued that it will be counterproductive.
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Mayor Michelle Wu's office-to-residential conversion program received $15M in state funding allowing it to extend through 2025.
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Rents fell to $1,746 in the second quarter, the lowest level since 2022 and down 6.2% from a year ago.
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Denver’s CRE market is set for recovery. Leaders discuss housing demand, office conversions, and opportunities in retail and distressed properties.
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Changes to the law meant to spur affordable housing development in Florida address tax abatements, building density, parking requirements and more.
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General contractor Synergy sought out solutions to make construction more predictable. This led to using modular construction and creating Synergy Modular.
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Developers are drawing in a multigenerational mix of new renters in Westchester, capitalizing on newly polished downtown areas as resident amenities.
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Two Cambridge city council members proposed a rezoning plan to legalize six-story apartment buildings by right.
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