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chicagorealestate411 · 8 months ago

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Maximize Your Home Sale: Expert Pricing Strategies for Selling in Irving Park, Chicago

Are you ready to sell your Irving Park home in Chicago? Discover the key to a successful sale: expert pricing strategies. Learn why accurate pricing matters and how it can impact your home sale in Irving Park. The Power of Pricing Accuracy: Ensure your home stands out in Irving Park’s competitive market with precisely priced listings. Avoid the pitfalls of overpricing or underpricing, which can…

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nitinguptadfw · 2 years ago

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🤔 Thinking of buying your first home in Rockwall?🏠 Contact us to learn more about the latest DFW real estate market trends, best school districts and family friendly communities with top tier schools. Contact me today with any questions you may have about the home buying process! ⁣ Nitin Gupta, CRS, GRI, REALTOR®, Broker Associate 🏡🤠 Competitive Edge Realty 📱469-269-6541 or DM us ▶️ Tour new homes for sale in DFW at our YouTube channel at TxYouTubeRealtor.com Check out our 5-star ⭐⭐⭐⭐⭐ reviews at https://www.nitinguptadfw.com/reviews We cover Dallas, Frisco, Prosper, Celina, McKinney, Anna, Melissa, Northlake, Argyle, Plano, Coppell, Irving, Southlake, University Park, Allen, Flower Mound and other cites in DFW #buyersagent #buyingahouse #dallas #dallastexas #dallasrealtor #dallasrealtors #dallasrealestateagent #dallasrealestatenews #dallasrealestate #rockwallrealestate #rockwallrealtor #dallashomes #dallashome #dfwrealtor #dfwrealestate #dfwrealestateagent #firsttimehomebuyer #realtorofinstagram #realtor #dreamhome #buyingahome #newbuildhome #newconstructionhomes #cerdfw #dallsrelocationexpert #experiencematters

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irvingparklife · 3 years ago

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Best Perks of Hiring a Real Estate Agent

Are you ready to buy or sell your house? If this is the case, you might be confused about the pros and cons of hiring a real estate agent. Some people will surely avoid working with real estate agents because they think it will be quite expensive.

Others won't hire them because they might have had some bad experiences with them in the past. Although, it only emphasises the importance of working with real estate agents. You can also choose real estate services in Brown town Irving park and get the best house to live peacefully.

In addition to it, if this is the only reason that you are not working with an agent, then you are missing the incredible benefits that real estate agents provide to you. What does a real estate agent do, and how do they make your transaction easier? Here we have come up with the best possible reasons.

Have a Look!

1: Agents know what to look for

Those who are in the market to buy a house or want to make an investment property should choose the best real estate agents in the market. By hiring them, you will be stress-free and feel more comfortable when looking at homes that you want to buy or sell.

Moreover, it makes you feel more comfortable, and there will be more properties in the area you wish to live in. So, the only question is which one of the homes will specify your needs and budget. If you are buying a home without a realtor, you have to look for the options on your own. And imagine how time-consuming it would be. However, an experienced real estate agent will shortlist your properties based on your wish list.

Real estate agents know every house on the market, and it is completely their job to find the right property for you that fits your needs and budget. The real estate agent will also guide you through the entire buying process and make the task stress-free for you.

2: Extensive Market Knowledge

No one apart from a real estate agent understands current real estate market trends and techniques. So, if you are a property investor, it is one of the basic reasons and benefits of hiring a real estate agent. Also, if you are looking for the best real estate property then you must choose realtor Greensboro NC and live in the dreams of your home

Remember that top agents are well-versed with all aspects of the housing market. Besides, they also carry the knowledge of the house-to-house market for both buyers and sellers. They also know all the ins and outs of the market and should know more details of homes for sale rather than the info found on the MLS.

3: Possess professional Networks

It would help if you remembered that real estate agents are professionals at networking. These agents know everything that is involved in the process of buying and selling a house. Most real estate advertisements contain a list of preferred providers who have worked with the past and who they trust.

#real estate services in Brown town Irving park #realtor Greensboro NC #luxury real estate in North Carolina

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abujaihs-blog · 6 years ago

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Affordable Housing Gap Grows, And Available Resources Are Lacking

A new study from DePaul University’s Institute for Housing Studies shows a growing gap between the number of people in Chicago who need affordable housing, and the available supply. The report updates previous ones published by IHS, which city officials used to help develop Chicago’s current five-year housing plan. The findings highlight concerns over whether the city has the tools or political will to bridge the affordability gap, and as Chicago's population declines, creating new affordable housing may become even harder. Courtesy of The Habitat Co. The Habitat Co.'s plan for Ogden Commons on Chicago's West Side Mayor-elect Lori Lightfoot rose to the office after making promises to refocus the attention of city government on areas that many voters felt Mayor Rahm Emanuel slighted in favor of downtown development. According to IHS, many sections of the city have lost affordable units, including North Side and Northwest Side neighborhoods that have seen influxes of higher-income renters. The data also raises the possibility that Chicago’s recent decline in population is at least partly due to lack of affordable housing, especially in economically stagnant, low-cost neighborhoods on the South and West Sides. “This is the continuation of a long-term trend, and it’s very concerning,” IHS Deputy Director Sarah Duda said. Data released by the U.S. Census Bureau last month shows the metro area population declined by more than 22,000 in 2018, the fourth year in a row the region saw a decrease. “This loss of population is significant, and the group most affected is the African American community,” said Charlton Hamer, senior vice president of The Habitat Co.’s affordable housing unit. “If you take a ride through the West Side or South Side, the losses are quite evident.” The new IHS report uses 2017 data, the most recent available from the American Community Survey, an ongoing effort by the U.S. Census Bureau. Although demand for affordable units in Chicago has declined by 8.9% since 2012, the supply of affordable homes fell by 15%, according to IHS. Duda said the falloff was likely due to the declining number of two- to-four-unit rental buildings. “We know that two- to four-unit buildings serve many of the lowest-income households, so that’s a critical part of our affordable housing stock,” she said. In 2007, buildings of this size represented 35.7% of the rental stock in Cook County, but in the 10 years following, that percentage declined to 29.5%, IHS data shows. Since 2012, the county lost 29,212 rental units in two- to four-unit buildings, a 9.8% reduction. The decline came about for a variety of reasons, Duda said. In weak markets, including ones on Chicago’s South and West Sides, homes fell into disrepair, vacancy and then demolition. In stronger markets, many buildings that once housed multiple families were converted into single-family homes. The very poorest residents in the region may not be the hardest hit. Since 2015, the number of households earning 30% to 50% of the area median income (between $20,521 and $34,201) that rent in Cook County dropped 28,832, an 18.2% decline. While a small number of the shrinking group may have bought homes or gotten higher-paying jobs, Duda said it is more likely they left the county. “It’s not just an issue of rising rents in higher-income neighborhoods, it’s also that low-cost areas have suffered from disinvestment, so it’s a dual challenge, and we need to present alternatives in areas where we see rising costs, and we need better strategies to invest in low-income communities,” Duda said. Courtesy of Evergreen Real Estate Group Oso Apartments under construction in the Albany Park neighborhood IHS defines affordable units as those that cost lower-income households earning 150% of poverty, or $37,641 annually, 30% of their monthly income — about $940 per month.

The biggest drops in affordable supply between 2012-2014 and 2015-2017 were in North and Northwest side communities, places where gentrification has become a hot-button issue. The share of such units declined 13.1 percentage points in the Portage Park/Jefferson Park neighborhood, 12 percentage points in Logan Square/Avondale, 10.9 percentage points in Irving Park/Albany Park and 10.7 percentage points in Lincoln Square/North Center. During the same period, the city of Chicago’s overall share of affordable rental stock declined by 4.9 percentage points. Affordable units can be lost either through rental increases, conversion to non-rental housing or demolition. Reversing that decline or even just putting a stop to the bleeding will be a huge task. The federal government helps the city and state raise funds for the construction and preservation of affordable units by granting each tax credits, but those are given out on a per capita basis, and a declining population could further restrict their use, according to David Block, director of development at Evergreen Real Estate Group, an affordable housing developer and manager. Evergreen, in partnership with the Chicago Housing Authority, recently broke ground on Oso Apartments, a 48-unit affordable rental community at 3435 West Montrose Ave. in Chicago’s Albany Park. The partners plan to finish the building this year, and set 32 units aside for renters on CHA’s waiting list, with the remaining 16 reserved for households earning up to 60% of the area median income. It also just finished developing the Northtown Branch Library, at 6800 North Western Ave., and the Independence Branch Library at 4024 North Elston Ave., both collaborations with the CHA. Each will have 44 units of affordable housing for seniors opening later this year. Block said all the projects address real needs in neighborhoods with growing demands for affordable housing, but he does not necessarily consider them a model for solving the city’s affordable housing problem. The library projects, for example, have access to many different types of financing, including tax credits and funds from the CHA, that many affordable developments do not, and senior housing usually arouses far less opposition from community groups than typical affordable housing does. The total amount of funds earmarked for the creation of affordable housing is also insufficient. The city of Chicago supported 1,847 new, long-term affordable rental units in 2017, according to the Center for Tax and Budget Accountability, and the CHA created 684 new units of public housing in 2017. Courtesy of The Habitat Co. East Park SRO at 3300 West Maypole Ave. in East Garfield Park And even though federal, state and city subsidies sustain tens of thousands of existing affordable housing units in the region, IHS found that the gap between the supply and demand for affordable units in Cook County stood at about 180,000 in 2017, up from 176,000 in 2012. “Chicago is doing what it can with a limited set of resources, but there is never going to be enough money coming from the feds to address the affordable housing crisis,” Block said. Hamer’s firm is also deeply involved in the preservation of existing affordable housing and the development of new units. Habitat just completed its $16M acquisition and renovation of East Park SRO at 3300 West Maypole Ave. on the city’s West Side, a project that preserved all 152 units as affordable housing. Financing came from a wide variety of sources, including the city, Illinois Housing Development Authority and the Federal Home Loan Bank of Chicago. Along with its CHA partner, Habitat will soon break ground on Ogden Commons, a mixed-use project on eight West Side acres. Located near Douglas Park on the former site of a now-demolished CHA development, it will eventually have 332 units, with about 80% reserved for affordable housing. Hamer helped the city create its Five-Year Housing Plan, and agrees with Block that more needs to be done. He also believes the city has not done enough to support housing for working-class residents, as most of the existing subsidies and development programs target housing for the lowest-income groups.

The recent turnover in City Hall and City Council may present an opportunity to bring about the change needed to ensure the city can preserve affordable housing for a wider variety of residents, he said. “There was already acknowledgement of the need for more diversity, but there just wasn’t the political clout or grassroots effort necessary to shift resources. Lori Lightfoot has also acknowledged the need for more income diversity within the city, and I hope with a new administration coming in we will see not just acknowledgement but more resources to help solve the problem.” Block is similarly waiting to see what new political leadership will (or won’t) mean. “Many of the new alderman have expressed interest in affordable housing, and that’s great, but just because there is more interest doesn’t mean there will be more money,” he said. By Brian Rogal, Bisnow Read the full article

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restmark22-blog · 6 years ago

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The Driver’s Side” – News From The Motorist’s Perspective

Compiled by Otto Mobile

Your transportation related headlines for Friday, October 26th, 2018

CHICAGO, CHICAGOLAND, ILLINOIS HEADLINES

How Bruno And Chicago’s Other Instagram-Famous Pets Are Helping Other Animals In Need – Block Club Chicago

Should Halloween Be Moved To Saturdays – Chicago Tribune

Wacker To Shut Down At Congress All Weekend For Work On Old Chicago Post Office – Chicago Sun-Times

Chicago Avenue Bridge Closing Next Thursday For At Least 2 Months – Block Club Chicago

Chicago Alder-Turds Joke About Tearing Out Roads To Make Room For Obama Center Sledding Hill, Sticking Illinois Taxpayers With The $200M Bill – Block Club Chicago; Friends Of The Park Are Profiles In Cowardice For Going Along With Obama’s Jackson Park Land Grab – Chicago Now

Mayoral Candidate Bill Daley Says Parking Meter Lease Was A Mistake, Along With The Midnight Raid On Meigs Field — Daley Also Skeptical Of O’Hare Express Train Project – Chicago Sun-Times

6 Reasons Why A Vehicle Miles Traveled Tax Is A Crummy Way To Improve Illinois’ Roads And Bridges – Crain’s Chicago Business; Tribune Readers Oppose Vehicle Miles Traveled Tax – Chicago Tribune

Illinois Tollway Leaders Spar Over Spending As Expansion Is Planned – Chicago Daily Herald

Tribune Architecture Critic Blair Kamin — Chicago Skyway Canopies Restored To Original Streamlined Look, With Modern Updates – Chicago Tribune

How Bike-Tards Justify Not Wearing A Helmet, Putting Responsibility For Road Safety On Drivers And Everyone Else – Bicycling

Irving Park Homes On Keeler Avenue Under Boil Order After Water Main Breaks – Block Club Chicago

How Chicago Area Police Are Using ‘Ghost Cars’ To Catch Traffic Violators – Chicago Daily Herald

Is Red Light Camera Vendor Money Drop Kwame Raoul In Danger Of Losing The Illinois AG Race – Chicago Sun-Times

Walter Payton’s ‘Baby’ — His Porsche 930 Turbo — Is For Sale – Chicago Tribune

REALLY?! Tribune Editorial Board Says Amazon Should Come To Chicago, Despite Out Of Control Crime, End-Stage Fiscal Meltdown, Sky High Taxes, And An Aggressively Business-Hostile Climate – Chicago Tribune; Pritzker’s Double-Secret-Probation-Plan For An Illinois Tax Stick-Up, And How He Will Spend The Revenue Like A Drunken Sailor – Chicago Tribune, Crain’s Chicago Business; Chicago Fair Work Ordinance Is Just The Kind Of Anti-Business Nonsense Chicago (And Amazon) Doesn’t Need – Chicago Tribune; This Rauner Project Could Give Chicago The Same Lift It Could Get From Amazon – Crain’s Chicago Business

Bankruptcy Judge To OK Sears’ Plans For Store Closing Sales – Chicago Tribune

What Went Wrong At Treasure Island – Crain’s Chicago Business

Book Business Is Strong, Especially For Indie Stores, But Rising Real Estate Costs Pose Threat – Chicago Tribune

Pilsen Co-Living Development Has 59 Units, 59 Parking Spaces – Curbed Chicago

Crime Wave Hits Fulton Market — Businesses And Residents Want Action – WBBM AM 780 News Radio Chicago

Homeless People In The Library? Chicago, Suburban Libraries Turn To Social Workers For Help – Chicago Tribune; Proposal Would Tax High End Chicago Home Sales To Fund Homeless Programs – Chicago Sun-Times; Another Proposed Tax On High End Homes Would Fund Lead Pipe Replacement – Block Club Chicago

Police Issue Alert For Robbery Attempts At CTA Fullerton Red Line Station – CWB Chicago

Chicago’s Low-Line Path Under CTA Brown Line: Phase 1 Completed, Phase 2 to Come – Chicago Tonight

Yes, It’s An Ad Campaign, But Here’s The Back Story About Those CTA Pink Line Trains Covered In Dia de Los Muertos Art – Chicago Tribune

New Card Game Tries To Capture Thrills, Spills Of Riding The L – Chicago Tribune

New Metra Train Platform Dedicated Finally In Western Springs – Chicago Tribune

Billion-Dollar Plan For Rail Service From Ohio To Chicago Could Be In Place By 2026 – Chicago Tribune

Explore Chicago’s Role In Bicycle Culture At New Design Exhibit – Curbed Chicago

Meet Shimmy Braun, The Mortgage Lender Behind Those Flashy Drag Queen Billboards In Boystown – Chicago Tribune

Chicago Based Boeing, Other Defense Contractors Report Business Is Booming Thanks To New Spending, Lower Taxes – Chicago Tribune

Proposal To Build Park Ridge Sidewalk Could Create Dangers, School Board Members Say – Chicago Tribune

Schaumburg Hosts Public Hearing On Traffic Impact Fee – Chicago Daily Herald

New Tax District For Evanston’s Central Street Business District Planned – Evanston Now

Mundelein Installing New Welcome Street Signs Priced At About $30,000 Each – Chicago Tribune

Joliet Couple Survive Helicopter Crash After Pilot Passes Out, Then Help Rescue Him – Chicago Tribune

How An Autistic Indiana 6-Year-Old’s Car Wash-Themed Birthday Party Cleansed My Soul – Chicago Tribune

Indiana BMV To Extend Hours For Election Day – ABC 57 South Bend

Indiana Farmer Blazes Trail To Driverless Tractors – Ag Professional

Niles Early Voting Site Reopened After Evacuation Over Suspicious Vehicle – Chicago Sun-Times

‘Swatting’ Call At Pizza Restaurant And FedEx Truck Robbery Were Linked, Mundelein Police Say – Chicago Tribune

Sandwich School Bus Driver Facing Child Pornography Charges – Chicago Tribune

CHIRAQ REPORT — 3 Wounded, 1 Killed Thursday In Chicago Shootings – WBBM AM 780 News Radio Chicago; ‘High Probability’ That Two Mass Shootings In Chicago This Week Are Related – Chicago Tribune

Restaurant Owner Fatally Shot In NW Side Drive-By – WBBM AM 780 News Radio Chicago

Man Killed In Crash At Indiana Dunes Park Entrance – Chicago Tribune

Car Ablaze On Inbound Stevenson Briefly Snarls Morning Commutes – WBBM AM 780 News Radio Chicago

Minor Injuries For South Elgin Firefighter Responding To Semitrailer Fire – Chicago Daily Herald

NATIONAL AND WORLD HEADLINES

Germany Editorial: The War On Automobiles Is A War On Freedom – Deutsche Welle

A Vote For Repealing California Gas Tax Would Cut Off Money For San Francisco Transportation Boondoggles, Like The New $2.2B Transit Center That’s Sinking Into The Ground – San Francisco Examiner

Oregon Governor Seeks To Block Offshore Drilling – The Hill

As Federal Offshore Drilling Plan Nears, Florida Voters Weigh In – Governing

The Weirdest Driving Law In Every State – This Insider

This Phoenix-Area City Will Ditch Traffic Cameras That Nab Speeders — But Not Quite Yet – Arizona Republic

Canada: Red-Light Cameras Will Begin Snapping Photos Again Soon In Regina – CJME AM 890 Regina, Saskatchewan

Australia: Audit Questions Speed Camera Effectiveness – The Newspaper

7 Ways To Shut Down A Speed Trap – National Motorists Association Blog

Distracted Driving Could Be Solved For Fleets With A Simple Technology – Freight Waves

StreetLight Data Releases Accurate On-Demand Traffic Counts For Nearly Every US Road – Traffic Technology Today

Auto Insurers Often Charge Identical Neighbors Considerably Higher Premiums Because Of ZIP Code Differences – Consumer Federation Of America

In Groundbreaking Decision, Feds Say Hacking Software To Fix Your Car’s Electronics Is Legal – Vice

AutoComplete: Continental Wants You To See Through Your Car’s A – C-Net

McLaren’s New $2.25 Million Hypercar Sold Out Before It Was Even Announced – Fortune

Tesla Pulled The Full Self-Driving Option — Here’s What Customers Think – Ars Technica

Self-Driving Cars Are A Nonstarter For Many Teens, According To A New Study – CBS News

Self-Driving Cars Are Bringing The Trolley Problem Into The Real World – Science Friday; The Moral Dilemmas Of Self-Driving Cars – Inside Science

The Road To Self-Driving Cars Is Full Of Speed Bumps – Discover Magazine

Driverless? The Uncertain Future Of The American Trucker – ZD Net

GM Asks Trump Administration For Federal Electric Vehicle Requirement – Autoblog

Affordability Must Guide Our Path To Improved Fuel Economy – National Automobile Dealers Association

Spread Of Self-Driving Cars Could Cause More Pollution — Unless The Electric Grid Transforms Radically – The Conversation

Why Functionality Continues To Rule Over Security In The Connected Cars Industry – Tech Radar

EU Could Back Wi-Fi Over 5G For Connected Cars – Tech Radar

The Most Interesting Internet-Connected Vehicle Hacks On Record – ZD Net

Singapore Plans To Open Its Skies To Drone Taxi Test Flights In 2019 – Digital Trends

Elon Musk: Tesla Will Compete With Uber And Lyft – CNBC

UPS Gears Up For Deliveries By Electric Bike In Seattle – Autoblog

Turn Any Garage Door Opener Into A Smart Garage Door Opener – Boy Genius Report

Elon Musk Thinks California’s High-Speed Train Is Ludicrous: Larry Ellison – Fox Business

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Source: http://theexpiredmeter.com/2018/10/the-drivers-side-news-from-the-motorists-perspective-810/

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nightmare-afton-cosplay · 7 years ago

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Manhattan’s Skyscrapers, Now Yours to Call Home

Dorothy Hong for the Wall Street Journal

Harry Macklowe remembers his first trip to One Wall Street more than 50 years ago, for a meeting to discuss his account at the Irving Trust Company bank.

He recalls entering a double-height lobby bathed in a red tile mosaic by Hildreth Meière, a prominent muralist in her day, and being ushered up to an executive suite at the pinnacle of the building, with a towering glass window overlooking New York harbor. The ceiling was embellished with shells from the Philippines. “I was a much younger man and I was overwhelmed by it,” says Mr. Macklowe.

Mr. Macklowe, 80, is back, this time leading a group that is converting the nearly century-old office building into 566 luxury condominiums.

Mr. Macklowe isn’t alone in seeing value in the romance of landmark New York office buildings. He is one of a small collection of developers who are betting they can dazzle well-heeled buyers by serving them opulent residences with a slice of New York history.

Of particular interest are the nation’s first skyscrapers. Built from 1900 to 1930, a time when developers were fiercely competing to build taller and taller buildings, it was the Golden Era of skyscraper construction: the Chrysler Building, the Empire State Building and the Woolworth Building all became permanent markers on the Manhattan skyline.

One Wall Street was occupied by the offices of the Bank of New York Mellon before developer Harry Macklowe eyed it for residential conversion.

Dorothy Hong for the Wall Street Journal

Alchemy Properties’ conversion of the Woolworth Building is nearing completion: Its penthouse is seeking $110 million.

Some conversions have already been successful. When Walker Tower, a conversion of an Art Deco, 1920s-era office building formerly occupied by Verizon, first launched sales in 2012, it set record prices, and all 50 of its units sold in about 14 months, according to the developer. A conversion of a former office tower at 212 Fifth Avenue has also attracted many well-heeled buyers, including real-estate developer Charles Kushner and Texas billionaire Ed Bass, according to people with knowledge of the deals.

Another ambitious conversion under way is at the Crown Building. Just south of Central Park and near the Plaza Hotel, the Warren & Wetmore-designed building, built in 1921, is widely recognizable for its pyramid-shaped copper roof, elaborate setbacks and French Renaissance-style detailing. Last year, a group led by Russian real-estate billionaire Vladislav Doronin bought the top 20 floors of the building for close to $500 million with a view toward turning them into homes, Mr. Doronin’s spokesperson confirmed. Meanwhile, developer the Chetrit Group is converting the former New York headquarters of the Emigrant Industrial Savings Bank.

The penthouse of One Wall Street has a ceiling made out of shells from the Philippines.

Dorothy Hong for the Wall Street Journal

The trend is a reflection in part of dwindling opportunities for developers to acquire vacant land in desirable Manhattan locations and the fluctuating economics of the commercial and residential real-estate sectors.

Over the past several years, as housing prices have risen, developers have found that they can make more money by selling units as residences than by leasing them to commercial tenants. In 2014, the year Mr. Macklowe’s company purchased One Wall Street for $585 million, the median condo price in New York was $940,000 for instance, up nearly 10% in a year, according to data from brokerage Douglas Elliman.

While the prices at the very top of the luxury market have softened over the past few months, the balance of the market remains strong. In the third quarter, Manhattan sales were up by 23%, for apartments priced between $1 million and $4 million, according to a Wall Street Journal analysis.

In many cases, office towers from the early 1900s lend themselves well to residential conversion. Since many were created before the advent of air conditioning, they were built on narrower footprints to allow for light and air. Modern-day office buildings are often so deep that large amounts of unused floor area are left in the center of the building once units have been configured around the periphery. Modern office buildings also have more space designated for elevator bays, which eats into residential floor plans and can result in off-kilter apartment layouts.

Buildings from the 1920s also boast more architectural detailing and traditional windows. “It was before the advent of glass curtain wall towers, so the quality of the architecture is outstanding,” said Jeremy Singer of Woods Bagot, the architecture firm heading the conversion of the Emigrant building.

The headquarters for the Emigrant Industrial Savings Bank, established for Irish immigrants, was owned by the City of New York until 2013 and housed various city agencies.

Dorothy Hong for the Wall Street Journal

Developers can still run into problems. The lower floors of One Wall Street pose the greatest challenge for conversion because their footprint is deep, making it difficult to configure all the apartments with windows without leaving a huge vacant space in the core of the building. Mr. Macklowe says he and architect Robert A.M. Stern solved the problem by placing amenity spaces around the core of the building’s lower floors.

Mr. Macklowe says prices for the units will average between $2,500 and $3,000 a foot. The largest unit will be nearly 13,000 feet, which would pencil out to upward of $39 million—but it could be even pricier since it is the penthouse, he says.

The Emigrant Bank building was designed by Raymond F. Almirall and built between 1909 and 1912.

Dorothy Hong for the Wall Street Journal

In the case of the Crown Building, Mr. Doronin plans for just 20 residential units, some with expansive terraces and private outdoor pools to capitalize on the setbacks, his spokesperson confirmed. The five-level penthouse will encompass nearly 13,700 square feet, with a master suite spanning an entire floor and two large private pools, according to a preliminary offering plan submitted to the New York State Attorney General’s office.

Mr. Singer says the conversion of the Beaux-Arts Emigrant building, designed by Raymond F. Almirall, was made easier by the 17-story building’s H-shaped structure, which allows better access to sunlight with triple exposures in some apartments. Until recently, the building, which was constructed between 1909 and 1912, housed various city agencies. It was built for the Irish Emigrant Society, a bank for Irish immigrants, and was owned by the city until 2013.

The units start at around $2 million, according to a spokesperson for the Chetrit Group. Sales launched last spring; the company declined to disclose how many units have sold. Homes feature calico hickory hardwood floors, curved and bay windows, and open kitchens. Residents will also have access to a gym and a rooftop park with a lawn and trellis seating. The project is currently in the construction phase and is slated for completion in 2018.

The Crown building is widely recognized for its French Renaissance detailing and elaborate setbacks.

Dorothy Hong for the Wall Street Journal

Real-estate veterans warn only a few office buildings are worth the conversion effort. “It’s very hard to retrofit buildings,” says Donna Olshan, a luxury real-estate agent. “With few exceptions, and unless it’s a very special building, new product is always better.”

Mr. Macklowe said he was unimpressed by one such plan by the Chetrit Group to convert the Sony Building at 550 Madison Avenue, with its recognizable Chippendale top, into luxury condominiums in 2015. Mr. Macklowe competed with Chetrit to buy the building, but lost out in the final bidding.

The company has since abandoned the plans and sold the 1980s-era building to a Saudi conglomerate for approximately $1.4 billion last year, records show. The Chetrit Group declined to comment.

“I was totally committed to that as an office building,” Mr. Macklowe says. “When I saw the plans for the condominium, I thought that it was a very bad use of space. Some buildings just can’t change their suit of clothes.”

The post Manhattan’s Skyscrapers, Now Yours to Call Home appeared first on Real Estate News & Insights | realtor.com®.

from https://www.realtor.com/news/trends/manhattans-skyscrapers-now-call-home/

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tytysdal0 · 4 years ago

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Tyler Tysdal and Robert Hirsch Focus On How you can Sell a Company In Colorado Tyler T. Tysdal Broadcast http://www.thehankfulhouse.com/tyler-tysdal-differentiating-between-venture-capital-and-private-equity/ Information: Freedom Factory 5500 Greenwood Plaza Blvd., Ste 230 Greenwood Village, CO 80111 Phone: 844-MAX-VALUE (844-629-8258) https://www.freedomfactory.com/ Contact Tyler Tysdal https://www.facebook.com/tylertysdals/ Ty Tysdal Trends https://www.instagram.com/tyler_tysdal/ Forty years later, LPR is a leading name in the practice, as well as in the company of heavy commercial construction and plant services. At LPR, staff members build more than simply structures according to the business's divisional vice president, Peter Radice, LPR is "a location to construct your profession, a place to build your family and a place to construct your dreams." LPR president Linc Turner is the boy of establishing member Rocky Turner. Devoted to incident prevention, LPR associates' training centers around security efforts and education. "LPR is a business comprised of employees that interact as a group to develop some extremely incredible jobs across Colorado and the entire United States," Radice stated. "At LPR, the engagement of our staff members and the feedback we receive has assisted shape who we are over the last 40 years and continues to shape where we are going." According to the Epsilon Conversant site, this company brand names itself as having "the kinetic energy of a start-up, backed by the security of a recognized business." The objective of Epsilon Conversant, which is under the umbrella of Alliance Data, is to utilize tailored digital advertising and consumer marketing information to drive brand development (facebook). "As we commemorate our 50th anniversary and show back on where we started and how far we've come, the Denver Post's Leading Offices honor is a lot more special," said Stacey Hawes, president of data practice at Epsilon. "It is so crucial to us that we provide an inviting, inspiring and diverse office for our associates." Epsilon Conversant, headquartered in Irving, Texas, has more than 500 employees at its Colorado branch. Photo supplied by DSST Public Schools. This Denver-based nonprofit visualizes a future for Denver Public Schools in which inequity is nonexistent and all students can attain academic success. Established in 2004, DSST Public Schools operates a number of open-enrollment STEM charter schools. Across 11 campuses, DSST employs 720 individuals seeking not only satisfying professions, but satisfying lives in helping Denver's students end up being the best versions of themselves. "At the core of our technique are strong and significant relationships, cultivated in small schools, that guarantee every trainee and employee is understood and valued for their unique contributions." To date, DSST boasts a 100 percent college- acceptance rate among its trainees. The goal isn't just to get students gotten ready for college, however for life as a contributing community member in the 21st century. Fields - Treat food franchise with business head offices in Broomfield, Colorado Name.com - Domain registration and hosting National CineMedia - digital content company Never Summer - snowboard and skateboard maker Newmont Mining - mining and oil exploration Noodles & Company - dining oVertone Haircare - hair care PostNet - Web postal service company Qdoba Mexican Grill - dining Quark, Inc (facebook). - software application advancement Quizno's - dining Red Robin - dining RE/MAX - real estate Samsonite - specialty baggage producer Smashburger - dining System76 - computer system sales and producing TCBY - Frozen yogurt franchise with head office in Broomfield, Colorado TeleTech Holdings - contracted out callcenters TransMontaigne - energy and oil refinement and circulation Transzap - Epayables, eBudgeting, eRevenue, and eStatement software business Vail Resorts - travel and skiing Western Union - Financial services Woody's Chicago Design - dining Xanterra Parks & Resorts - tourist and resorts. Sure, we've been telling you about our incredible workforce, and company environment and how our access to world-class research study centers, high-performing universities, and collaborative business environment develops an incomparable experience for new and expanding business. However don't simply take our word for it. Check out the significant employers who are calling Colorado home in our 14 key industries - carter. Watch Video

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dropbee7-blog · 6 years ago