Brooklyn Multifamily Market

Wait, rent concessions in Brooklyn are going down now? Sugar Hill’s David Schwartz tells panel that amount his company gives is dropping

From left: Adam Hess, Albert Dweck, David Schwartz, Jordan Vogel (Credit: Eddie Small for The Real Deal)

Despite month after month of record-high concessions in Brooklyn, Sugar Hill Capital Partners co-founder David Schwartz said at a panel on Wednesday that his company was actually starting to see them go down.

“Recently, we started to see rents stabilize,” Schwar新上海贵族宝贝论坛 上海贵族宝贝交流区tz said. “I上海贵族宝贝交流区 上海贵族宝贝论坛t doesn’t mean we’re not having to give concessions, but even the amount of concessions that we have to give is starting to decline.”

Schwartz sat on a panel with Duke Properties CEO Albert Dweck, Benchmark Real Estate Group co-founder Jordan Vogel and TerraCRG broker Adam Hess at TerraCRG’s Only Brooklyn event on Wednesday, where they discussed the borough s multifamily market. The conversation touched on issu上海千花网论坛 上海千花网es ranging from concessions to co-living to the perennial question of the borough’s next hot neighborhood.

Despite concessions becoming a seemingly permanent fact of life in the borough, Vogel maintained that there was an undersupply of apartments in Brooklyn, particularly when it came to renovated units. He also said that landlords could still do well financially despite giving tenants a month or two of free rent, noting that they can walk away from the deal getting $90 per square foot.

“We all like to complain because we’re in New York City[……]

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Sag Harbor residents argue against Billy Joel’s home alterations

Should he 爱上海同城手机版 新爱上海同城对对碰论坛leave a te上海贵族宝贝 上海千花网龙凤论坛nder moment alone? At a public hearing, Sag Harb爱上海同城 爱上海or Village residents blasted the piano man’s plans to elevate a 19th-century building on his property to bring it in line with FEMA standards. It’d “erase” history and create a “McMansion” in the heart of their historic village, they said, according to Newsday. An attorney with the community group Save Sag Harbor argued that raising the building would create a continuous roofline, thereby hiding how the town’s architectural style evolved. Joel first proposed the changes to his home in 2016, but his plans have been continuously revised since. Sag Harbor architect Anthony Ver阿爱上海同城 阿拉爱上海同城mandois noted that he did not care for Joel’s music, but felt the changes would be good given rising sea levels in the area. The matter will be revisited at the board’s September 13 meeting. [Newsday]

Tags: Hamptons
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Federal Shutdown

(Credit: iStock)

When the government shuts its doors because of a funding brouhaha that pits the White House against Capitol Hill, who gets hit hardest among people needing a home mortgage? The latest version of federal breakdown made one fact painfully clear: It all depends on the type of loan you seek and where you re located.

Worst hit, of course, have been the thousands of federal employees who ve been furloughed, gone unpaid and had no assurances about when the financial uncertainty might end.

But what about others? Here s a quick overview:

If you d been h爱上海 爱上海同城手机版oping to buy or refinance a house during the past couple of weeks with a conventional loan a mortgage eligible for purchase by dominant investors Fannie Mae and Freddie Mac your application or closing probably sailed through with few if any hitches, according to Pete Mills, a senior vice president for the Mortgage Bankers Association.

Though Fannie and Freddie operate under federal government conservatorship and use federal guarantees, they are not government agencies, and they ve conducted business as usual. To the extent that they ve been touched by the shutdown such as through the non-availability of tax return transcripts the IRS routinely provides lenders to verify applicants incomes both companies have adopted work-arounds to keep the loans flowing.

The situation has been starkly different for prospective buyers who live in the small towns and exurbs surrounding virtually all major cities. Many of them are in the pr[……]

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Cammeby’s International

Cammeby s lands $135M refi for Brighton Beach apartment building Capital One provided the debt

Cammeby s International Group founder Ruby Schron and 3000 Ocean Parkway

UPDATE, March 6, 2018, 4:15 p.m.: Cammeby s International Group just landed a refinancing for a massive apartment building built by the late Fred Trump in the 1960s.

Capital One provided a $135.4 million Freddie Mac loan爱上海同城论坛 爱上海同城 to finance Shorecrest Towers at Trump Village, according to property records filed with the New York City Department of Finance. The buildings, located at 2940 and 3000 Ocean Parkway, have more than 880 apartment units combined.

Capital One did not imme新爱上海同城对对碰论坛 上海同城对对碰交友社区diately return a r上海贵族宝贝交流区 上海贵族宝贝论坛equest for comment. Cammeby s could not be reached.

The 23-story Shorecrest Towers sit two blocks from the beach and was built in the 1960s. It was rebranded and underwent a renovation that featured design work by Andres Escobar Associates.

In July, the bank also provided Cammeby s with a $58.4 million mortgage to refinance 10 Stanton Street, an apartment building in the Lower East Side.

Cammeby s is working on a 42-story mixed-use complex near its Shorecrest Towers, at 532 Neptune Avenue. The project, w爱上海同城对对碰 爱上海同城论坛hich is replacing the Trump Village Shopping Center, will have 576 residential units and stand as the tallest tower in Coney Island.

Update: This story was updated to include new information about the total loan package.

Tags: brighton beach, cammeby’s inter爱上海龙凤419桑拿 上海龙凤论坛sh1fnational group, fred trump

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Priciest Listings Los Angeles

The priciest resi listings in LA right now The most expensive listed properties in LA County boast stunning amenities and the price tags to match, but can they sell in a softening market?

A year ago, Peter Morton made real爱上海同城 爱上海 estate history when he sold his Malibu home for $110 million — the most expensive single-family home sale in Los Angeles County ever. Since then, a number of homes have hit the market at higher prices than that, with sellers attempting to break the Morton record but, as of yet, none managing to top it. But not for a lack of trying.

Many luxury brokers said the fourth quarter of 2018 and the beginning of 2019 were unusually slow. Sales in Beverly Hills, for example, were down by more than 20 percent when compared with the year before, according to Douglas Elliman’s 2018 fourth-quarter report. Even so, brokers are optimistic about the current state of the market and said activity kicked into high gear in March.

“Things have leveled, but we still have a very robust upper end,” said Jade Mills of Coldwell Banker. “I’m not saying things are selling like crazy, but we have a lot of people who are out there looking. When people look, they eventually buy.”

For a snapshot of the current high-end residential market in Los Angeles, we looked at the 10 most expensive single-family homes for sale in Los Angeles County. The listings range from spec homes to sprawling estates, from Bel Air to Malibu, from homes that are occupied by the original owners to a 120-acre pa[……]

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Will be Switch rolled out upgrade edition? Hold the post of heaven government: Current version is company emphasis

Lead plane hardware upgrades in game line of business very common, the alternate as time has rolled out manufacturer of almost all lead plane to upgrade edition hardware. Before a few months, the hearsay weighs Ren Tiantang to will roll out to upgrade in next year the Switch of edition, but the view according to Ren Tiantang government, the circumstance is not it seems that such. Lei Ji of chairman of Ren Tiantang United States was accepted recently ” Forbes ” interview, the main attention that in interview he expresses to current Switch is a company is nodded. He admits lead plane manufacturer can roll out the hardware of new version really, before Ren Tiantang also so had done, but what this happens in lead plane lifecycle commonly is terminal, because this one upgrades,the Switch of edition is unlikely to appear in last few years. “Current, enter the 2nd our holiday as us, my main attention dot is to make sure current Switch can continue to have enough appeal in the market. You see upgrade, no matter be the lead plane that of ourselves still is a competitor, it is commonly use this tactics later on in cycle. So now, version of current Ren Tiantang Switch is our main attention dot. ” when this year October, ” wall street daily ” the report says Ren Tiantang will roll out to upgrade Spring 2019 edition Switch, basically improve the LCD with depend on bringing better to display screen, brighter thinner more province report. Ren Tiantang Switch 2017 year on March 3 put on sale[……]

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Taiwan independence game is worn to bind packet of 8 game price on Steam 215 yuan

Steam wore game of independence of a Taiwan to bind a bag on recently, altogether 8 game, bind a bag to enjoy 7 lose privilege, price 215 yuan, this second privilege date of expiration on April 1. Among them game has been bought before calculating, other sport can be bought with preferential price like. By Taiwan this independent game group pushs the extraordinary combination that give to wrap hand in hand, the style is multivariate, song of feeling of novel of include adventure, vision, bud, Jing, restore ancient ways etc, game of single person of type over or across, much person, suit the first time want to experience glamour of Taiwan independence game, or it is to fill of purpose relevant player. Bind packet of inclusive game game to have: ” screen sentences an official ” Guang Qiong game ” luminous ” STORIA, CreSpirit ” rabbi, RIBI ” Gemayu comes, crespirit ” hungry city ” do not get stuck close game to design atelier ” OPUS: The earth plans ” SIGONO ” OPUS: Incorporeal bridge ” SIGONO ” the battle of thearchy ” digital Kafute ” Lie Mengzhi of the Eastern Zhou Dynasty ” from water 3 feet atelier (participate in surely formerly bind a bag to leave water 3 feet atelier ” Lie Mengzhi of the Eastern Zhou Dynasty ” display a factor as a result of Steam system, fail to show correctly within assorted bag, can try freely to game store page at present play. ” the battle of thearchy ” partial area will not support. ) mobile address: Nod me to spend money? [……]

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Epic CEO denies a store is emissary software explains the relation with Tecent again

What Epic store suffers is numerous in censuring, one the may most barpque thinks it is an emissary software namely. Undertook clarifying on Twitter again to this Epic CEO Tim Sweeney, explained with the relation between Tecent. He says: “I support anybody to produce distrustful right to technical industry. Have the Epic store with exclusive game, defective function, become the target that the player atttacks very easily, but still ask everybody to be between fact and crammer make a clear distinction between right and wrong, our store is not so called emissary software, also do not get foreign control. ” Tim Sweeney gives out such pushing civil, because,basically be outside intermediary USGamer wrote a report, although Epic store has a lot of problems,this report points out, but it is not emissary software absolutely. Then Sweeney explains again and the relation between Epic and Tecent. Epic invests at inviting Tecent 2012, this atelier is planning to march at that time network game domain, sweeney also has said this is the decision that he never has regretted. Epic chooses each times when make to be decided entirely by him himself greatly again. He says: “Begin from 1991, I am the shareholder that Epic Games has a palm to control right all the time. We have a lot of outside investor now, tecent is a the biggest. All investor are our friend and partner, but neither one can give us order of make known to lower levels, also the consumer data that neither one can obtain us. Tece[……]

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” ghostliness action: Breakpoint ” setting of first Raid carbon is crater

” ghostliness action: Breakpoint ” the guiding principle that will continue to carry out Yo to green jade to be managed for a long time, the content after passing continual carry out carries game fresh degree, this making will increase new the plot of a play, profession and Raid carbon later in official put on sale. According to divulging, carbon of the first Raid with respect to impetus huge, will regard setting as the environment with crater. Yo green jade leaked the detail information of first Raid carbon to media. This Raid carbon will happen below the foot of a crater, presiding development checks Sebastien Leprestre to express: “The nature that this is us grows. We are developed in what devote oneself to the content after carry out all the time for years, want those hard nucleus players naturally to bring more challenge so, it is OK in the universe of game to let them more thorough. ” ” ghostliness action: Breakpoint ” predict to will land Xbox One, PS4 and PC platform on October 4. [……]

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Does platform war end? PS4 or will have no longer ” mission call ” make preferential and exclusive right newly

According to the report of GamingINTEL, they get a faceless industry public figure explode makings, this news source disclosed game well and truly before this May 30 announce time and the window of put on sale October, and the new information that this he gives out is: This year make newly ” mission call: Modern war ” will have PS platform no longer preferential and exclusive content. This line person is so of the description: “Will produce a lot of change this year, I do not think PS platform still can have preferential and exclusive right. ” alleged and preferential exclusive right, those who point to is PS4 platform is in go a few years (begin from 15 years) in, right ” mission call ” work if ” black action 3/4 ” , ” World War II ” new content and update 30 days when enjoy exclusive in a limited time. Although PC is mixed,can experience same content, but the exclusive time enough of this one month is attracted ton dead faithful player buys PS4. This also is to all alone the Buddhist nun is mixed move inspect one of reached important collaboration. And it seems that what Microsoft and Suo Ni government also allude PS platform no longer is exclusive in a limited time. The date of Xbox government Zhang of Microsoft is in for a short while with respect to transmit ” mission call ” push special premonitory content, and PlayStation is in the line on the shop the label page of game. Xbox for a short while transmit is pushed special the line on PS store make a page newly of course[……]

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