Unique People Services

Supportive housing nonprofit planning new 93-unit Bronx resi project Building from Unique People Services will stand 13-stories tall at 2050 Grand Concourse
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A rendering of 2050 Grand Concourse and Yvette Brissett-Andre (Credit: New York Housing Conference and Unique People Services)

UPDATED, 2:08 p.m., September 4: Unique People Services, a nonprofit 新爱上海同城对对碰论坛 上海同城对对碰交友社区organization focused on supportive housing, plans to bring a 93-unit pr爱上海同城论坛 爱上海同城oject in the Bronx.

The organization filed plans Wednesday with the city s Department of Buildings for the 13-story, 135-foot project at 2050 Grand Co新爱上海同城对对碰论坛 上海同城对对碰交友社区ncourse in Mount Hope. The building will span about 64,000 square feet, split between 62,000 square feet of residential space and 2,000 square feet of com上海同城对对碰交友社区 上海夜网论坛munity space. The property is currently a vacant lot.

Housing in the development will be for low- to moderate-income households and formerly homeless people with special needs, according to Unique People Services. The project will be split between 55 supportive housing units for single adults, 23 units for low-income households, 14 units for moderate-income households and one superintendent s unit.

The nonprofit has 27 supportive housing programs throughout New York City and Westchester focused on helping the formerly homeless and people with developmental disabilities, according to its website.

Other projects on their way to the Bronx include a 152-unit residential building from nonprofit Breaking Ground at 448 East 143rd Street and a 255-unit residential project from developer Peter Fine at 1331 Jerome Avenue.

This story was updated to include more information on the project from Unique People Services.

Tags: grand concourse, Residential Real Estate, the Bronx
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REITs

Real estate stocks are doing better than the S P 500 for the first time in years REITs have not outperformed stock market since 2015

(Credit: iStock)

Real estate investment trusts  w上海龙凤论坛 新上海贵族宝贝论坛ill likely outperform the stock market this year for the first time since 2015, thanks to investors seeking out high-yielding property stocks.

Although much of the stock market has been extremely volatile as of late, real estate stocks appear ready to have another solid year, according to the Wall Street Journal. JPMorgan Ch上海夜网 阿爱上海同城ase estimates that REITs will have dividend yields next year of 4 percent, which could continue to be appealing for investors.

The top performers are expec新爱上海同城对对碰论坛 上海同城对对碰交友社区ted to be multifamily, industrial, health care and office companies wi上海千花社区 上海千花网交友th access to the West Coast market.

Some remain skeptical that the recent momentum REITs have will continue, noting that the property-market rally has already been going on for almost 10 years. Green Street Advisors found that values of office and neat lease buildings leveled off this year, and values of strip centers and malls dropped by between 2 and 7 percent.

Others have noted stock and economic trends that tend to favor more defensive stocks like REITs, such as trade tensions between the United States and China, and stressed that property companies have been lowering their debt, with outstanding loans accounting for a healthy 30 percent of valuation.

Some of the REITs that had the strongest performances last year were geared toward last-mile delivery services and food storage.

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The sector has seen a total of $57.7 billion to date this year in mergers and acquisitions, down a bit from last year’s $67.1 billion. [WSJ] – Eddie Small

Tags: Real Estate Finance, REITS
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Google Real Estate

Google to invest $13B in real estate across the US New data centers and offices planned in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia

Google CEO Sundar Pichai (Credit: Getty images and Google)

OK, Google. Tell me about the multibillion-dollar real estate investment you re making this year.

The tech giant announced on Wednesday that it plans to spend more than $13 billion in data centers and offices across the U.S., including major expansions in 14 states.

Google CEO Sundar Pichai said in a blog post that the new data centers and offices will create more than 10,000 new construction jobs in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia. By the end of the year, the compan上海贵族宝贝交流区 上海贵族宝贝论坛y will have locations in 24 states and 13 data centers.

In the Midwest, it’s expanding in Chicago and Wisconsin, and building new data centers in Ohio and Nebraska. Google said it will also open its first data center in Nevada, expand in Washington, Oklahoma and South Carolina, as well as build a new office and data center in Texas and new office space in Massachusetts, the latter 上海千花网交友 上海千花网论坛of which houses one of the largest Google hubs outside of the San Francisco Bay Area.

The announcement comes after Google invested $9 billion in 2018, including $2.5 billion spent on opening or expanding data上海千花网 爱上海同城对对碰 centers in Alabama, Oregon, Tennessee, Virginia and Oklahoma.

In December, the company said it plans to invest $1 billion in a new 1.7 million-square-foot in New York City s Hudson Square. There, Google plans to double the size of its more than 7,000-employee workforce. (And it follows its more $2.4 billion purchase of the Chelsea Market building in the city last year.)

In California, Pichai wrote that the technology company will continue redeveloping the Westside Pavilion and the Spruce Goose Hangar in the Los Angeles area.

The increasing demand for digital storage has pushed investment in the U.S. data center sector to record levels. In 2017, Northern Virginia, Dallas/Fort Worth and Chicago were the top data center markets in the country, according to CBRE. The demand for digital storage centers is expected to continue growing dramatically as driverless vehicles, artificial intelligence and other technological advances require more power supply.

The surge in construction of data centers in the Chicago area alone pushed the industry’s regional vacancy rate up to 11 percent from 2 percent the previous year, according to a report from September.

Tags: Commercial Real Estate, data storage, google, industrial real estate, Tech Miami taps Urban Land Institute to evaluate se上海贵族宝贝 上海千花网龙凤论坛a-rise plan, infrastruct…Zillow ups iBuyer competition with pilot program for self-guided home …How Montenegro became a favorite spot for billionairesToo many rooms at the inn? Q1 hotel occupancy falls in SoFla amid grow…
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Abraham Fruchthandler

Fruchthandler buys pair of Bronx buildings for $88M Related Fund Management sold properties in Castle Hill section

2001-2045 Story Avenue in the Bronx

Abraham Fruchthandler bought a pair of multifamily buildings in the Castle Hill section of the Bronx for $88 million爱上海同城手机版 新爱上海同城对对碰论坛. The two buildings, which are completely free-market and sit on one tax lot, represent the largest single-asset sale in the Bronx in more than six years.

Fruchthandler’s FBE Limited bought the 10-story, 1970s-era buildings at 2001-2045 Story Avenue from the Related Fund Management, the asset-management上海贵族宝贝交流区 上海贵族宝贝论坛 arm of the Related Companies, sources told The Real Deal.

The purchase price on the buildings – which span roughly 400,000 square feet and 355 units – works out to about $247,000 per apartment.

Representatives for the Related Companies and FBE Limited declined to comment. A Hodges Ward Elliott team of Daniel Parker, Paul Gillen and Ariel Ta上海千花网 爱上海同城对对碰mbor brokered the sale. The brokers declined to comment.

Daniel Parker

Related Fund Management paid $66 million in 2015 when it purchased the building from Stellar Management. The buildings had previously been part of the Mitchell-Lama Housing Program.

The deal is the largest single-asset multifamily transaction in the Bronx since Omni New York bought the 1,654-unit Mitchell-Lama complex at 16 Richman Plaza in late 2012 for $137 million, according to a review of property records.

Elsewhere in the Bronx, Fruchthandler owns a 196-unit complex at 2103-2117 Honeywell Avenue, which his company bought for $44.4 million in late 2017.

His company FBE Limited owns some 4,000 units across the city. Fruchthandler’s son, Ephraim Fruchthandler, reportedly appeared in 2015 on then-Public Advocate Letitia James’ worst landlords list, but appears to have his name removed from later lists.

The city’s multifamily market has been off to a slow start this year, a trend many are attributing to uncert爱上海同城 爱上海ainty over possible reforms to the state’s rent-regulation laws.

There were just 26 transactions in the first quarter of the year, a drop of 51 percent from the same time in 2018, according to Ariel Property Advisors.

The HWE team that brokered the deal has done several other transactions in the Bronx. The brokers in February sold a 58-unit apartment building for Related to Chaim Hirschf新上海贵族宝贝论坛 上海贵族宝贝交流区ield for $11.6 million. And last year the team sold a portfolio of 12 buildings on behalf of Related to Taconic Investment Partners and Clarion Partners for $71 million.

In 2016, the HWE brokers sold a 38-building portfolio on behalf of Jerome Associates to a partnership of Jordan Slone’s Harbor Group International and York Equities – a group of investors led by Emerald Equity Group’s Isaac Kassirer – for $140 million.

Tags: Commercial Real Estate, Hodges Ward Elliott, the Bronx
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Difficulty and C face keep balance ” azure ” the content that the author shares concerned DLC to include

” azure ” was last year one of best independent game. This game is shirt-sleeve the story clue with excellent game way and far-reaching meaning, and with a kind unexpected fascinating pattern will spread out. And after can can is issued one year at the beginning of the distance today, ” azure ” developer Matt Make Games shared a few information about coming DLC to us eventually. Push in a of author Matt Thorson especially medium, he elaborated the content that DLC paragraphic lieutenant general contains further. – special apologize! Dan Shi DLC Gan Bu Shang 1 Yue 25 Ri De Yi Zhou Nian Ji Nian Ri Liao – Mei You B Mian – Zai Nan Du Shang He Xian Zai Zui Nan De Guan Ka Chi Ping – Mei You Yin Cang Cao Zuo – You Xin De Wu Pin He Ji Zhi – Quan Ping Tai Mian Fei Jia Ru Ni Huan Mei You Wan Guo 《 Wei Lan 》 De Hua , now ” azure ” be worth on Xbox free. Game industry lands PC, PS4, XBOX, switch whole platform, new DLC will not be in anniversary was released January 25, still do not have the date that gives out to be released formally temporarily. [……]

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” death is hard and fast ” affirm have online pattern: Will bring revolutionary game experience

Although suffer fully,expect, but of beautiful husband of isle of legend game producer make newly ” death is hard and fast ” all the time secret and not announce, although many person of the same trades had seen game demonstrate, but still be full of mystery to the public, need not raise the online pattern in fokelore more. Recently, isle beautiful husband came Newyork city, with famous sci-fi and F of horror fiction home. Paul Wilson has favour meeting. And the government in him pushs Wilson to went up to also mention this meeting especially and bask in gave group photo, state 2 people talked coming ” death is hard and fast ” . And interesting is, this science fiction writer is this shaped look ” a kind of revolutionary online experience ” . Although what do not have to cut content truly, but at least this affirmed to online game mode will exist in game, at the same time will now the online collaboration with hep place mixes everybody antagonism pattern is different. The Norman Lidesi according to leading role is being acted in game (Norman Reedus) express, this game may be released finally in next year the beginning of the year land PS4, but this one opinion on public affairs did not get the government is responded to. [……]

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Little numerous an excellent work ” person seeing fire ” pretty good put on sale sold sales volume partly in January piece 500 thousand

Appear on the market a month is superabundant ” person seeing fire ” obtained perfectly evaluation, so this relatively small numerous game sales volume after all how? According to up to date information, the work that this IGN grading is as high as 9.3 also is done on the sale perfectly, already successful work off more than 500 thousand.

Although such sales volume mixes first weeks to sell the super your work that gives millions of shares photograph comparing without method at all, but corresponding ” person seeing fire ” also want on investment a lot of lower, issue business Panic Inc so. Be in successfully game put on sale was answered inside a day this, the sales volume of 500 thousand has made them big earn brushstroke without doubt.

Besides, panic Inc. Still announced ” person seeing fire ” in take a picture the use circumstance of mode. According to introducing, players had uploaded to exceed the game cut below mode of 210 thousand Zhang Zhao photograph to pursue, can saying is a record ” person seeing fire ” the beautiful scenery in each medium hill. Must say, idle will be in without the thing ” person seeing fire ” in ramble taking a picture also is a very cozy job.

Be in ” person seeing fire ” in, the player will act henry. He resigned the job in the past, left oneself marriage, in Huaieming the city holds the position of the relevant work that fire control defends nowadays. Dan Youji’s strange thing happens, let henry begin to explore the wild area around, and make the individual’s choice, and the radio on the hand can let he and boss communicate, this also is the means that he contacts exclusively external. Player general exploration is sealed wild, face all sorts of problems and make a choice.

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Kill Matt to raid! ” the Warring States is incomparable ” part of the living theatre is decided makeup according to appreciation

The living theatre that will perform in AiiA 2.5 Theater Tokyo to July in June 2016 ” the Warring States is incomparable: The chapter of Shikoku expedition ” made public by the gross profit of personate of of pig wild yuan grow my ministry with what cross Zuo and Zuo personate yuan kiss two parts to decide makeup according to.

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” Long Zhu: Exceed the universe 2 ” the 4th patulous bag reports beforehand cloth increases legend to surpass inferior person

Although ” Long Zhu: Exceed the universe 2 ” had been in a long time of 上海贵族宝贝交流区 上海贵族宝贝论坛each big platform put on sale, nevertheless BANDAI NAMCO still is this game to add new content c爱上海同城手机版 新爱上海同城对对碰论坛ontinuously. This company released content of the 4th patulous bag to introduce video today, we can see the new role that comes from dragon bead new film wait to add content newly in video.
” Long Zhu: Exceed the universe 2 ” the 4th patulous bag increased to come from ” Luo Li of Long Zhu cloth ” the legend in the film is super contest inferior person cloth Luo Li, SSGSS realizes auspicious tower; Increased 5 difficulty the new Parallel job of 7 stars; For new role Buluoli and SSGSS realize auspicious tower to incre上海同城对对碰交友社区 上海夜网论坛ase new dress; 8 new mastery o上海千花网交友 上海千花网论坛f a skill or上海夜网 阿爱上海同城 technique and 15 super fetch, still have a brand-new battle setting additionally. Additional, as the new pattern that updates freely, crystal Raid Battle can undertake online 5 pairs of 1 not quits battle, reincarnate BOSS and additionally 5 players are opposite the player battle, there still is appropri爱上海龙凤419桑拿 上海龙凤论坛sh1fative part below this mode. ” Long Zhu: Exceed the universe 2 ” the 4th patulous bag will be rolled out formally tomorrow, corresponding PC, PS4, XboxOne and Switch. [……]

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