Archive for June 2008
Green Affordable Housing Project Breaks Ground in Stamford
By Erika Schnitzer, Associate EditorStamford, Conn.–Jonathan Rose Companies, a New York-based real estate development, planning, consulting and investment firm, and New York-based W&M Properties, a real estate management, marketing and acquisition firm, broke ground today on Metro Green Apartments, a 50-unit LEED-certified affordable housing project.The project is the first phase of the 238-unit Metro Green…
Read MoreThe Secret to Minimizing Liability with Crane Collapses and Other On-Site Accidents
By Anuradha Kher, Online News EditorNew York–For the second time this year, a crane collapsed at a building site in New York City, bringing the death toll from crane collapses this year to nine, with 28 people injured.The Manhattan district attorney’s office has opened a criminal investigation into the latest fatal crane accident on 91st…
Read MoreEco-Friendly GreenShield Technology Provides Water- and Stain-Repellent Finish
As part of its “Eco Intelligence Initiatives” to encourage sustainable manufacturing processes and products, Victor Group Inc., has announced its exclusive distribution of GreenShield, an ecological nanotechnology-based stain and water repellent fabric finish. Developed by G3 Technology Innovations, LLC (G3i), GreenShield uses a new technology that reduces a fabric’s flurochemicals by up to 10 times.…
Read MoreApartments Are A Hot Housing Choice, According to Survey
The multifamily market should have a strong year in 2009, according to a new National Apartment Association survey. The survey–conducted by market researcher Harris Interactive–found: 69 percent of renters plan to stay renters for up to five more years. 50 percent of the renters surveyed plan to continue living in their current residence for the…
Read MoreJune Market Pulse
Multifamily Starts: Multifamily starts roared back this month, and got top billing from the daily news outlets, since starts in other areas of housing were anemic. While the numbers don’t differentiate between apartments and condos, it’s likely that most of these starts are rentals, since it’s becoming increasingly difficult to get funding to build condos,…
Read MoreMarket Report: Bright Spots
on surplus land already owned by these districts. In fact, it has just broken ground for the second phase of Casa del Maestro, which will consist of a three-story building with 30 units in San Mateo, and plans to start another 60 units elsewhere in the fall. Target rents for teachers are 50 percent or…
Read More2008 Product Choice Award Winners
Multi-Housing News is proud to present the 2008 winners of our Product Choice Award: Manufacturers whose products and services provide exceptional value, materials quality, design innovation and customer care.We salute each of these winners because they have earned the respect and admiration of you and your peers, who cast votes this spring to determine the…
Read MoreProducts: Windows and Doors
By Erika Schnitzer, Associate EditorWith the ability to alter the entire look of a building and the power to change the layout of units, windows and doors are certainly critical to a building’s visual appeal.”Six years ago, we saw the move from aluminum [windows] to vinyl as the general trend. Now, we are seeing a…
Read MoreGlobal Financial Regulators Working on Plan to Prevent Future Losses
Basel, Switzerland–To prevent large future losses, international supervisors and regulators are creating a system that will make it more costly for investment banks to keep big volumes of complex financial instruments–such as mortgage-linked securities–in their trading books, the Financial Times reports.The Financial Stability Forum, a group of global regulators and supervisors headquartered in Basel, Switzerland,…
Read MoreU.S. Construction Spending Drops in April
Washington, D.C.– U.S. construction spending fell in April as public sector building softened and the housing market continued to drop, the Commerce Department said Monday.A separate gauge of the manufacturing sector indicated that it is still struggling, according to The Wall Street Journal.Total construction spending declined by 0.4 percent to a seasonally adjusted annual rate…
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