Envy Apartment

A new article about the department of Housing and Urban Development called “Is Anybody Home At HUD?” says: “HUD has long been something of an overlooked stepchild within the federal government. Founded in 1965 in a burst of Great Society resolve to confront the “urban crisis,” it has seen its manpower slide by more than half since the Reagan Revolution.” The piece, co-published by New York Magazine and ProPublica, profiles HUD Secretary Ben Carson and outlines how pending cuts to the agency will affect programs that serve millions of Americans on the brink of poverty. Journalist Alec MacGillis writes : “For a White House that swept to power on a wave of racially tinged rural resentment and anti-welfare sentiment, high on the demolition list might be a department with “urban” in its name. The administration’s preliminary budget outline had already signaled deep cuts for HUD. And Donald Trump had chosen to lead the department someone with zero experience in government or social p...

KUALA LUMPUR: The Pavilion group is targeting sales turnover of RM1.7bil within the first year of operations for its Pavilion Bukit Jalil City mall when it begins operations in 2020.  Pavilion KL retail chief executive officer Datuk Joyce Yap said the mall had already received more than 1,000 registrations from prospective tenants.  “With a net lettable area of approximately 1. 8 million sq ft , it is set to be a regional mall in terms of brands mix, flagship stores and concept,” she told reporters at the launch of the second tower of The Park 2 serviced apartments at Bukit Jalil City earlier today . Yap is confident the mall will have an occupancy rate of over 70% when it opens its doors in three years.  Bukit Jalil City , which has an estimated gross development value (GDV)of RM4bil, is a collaboration between Malton and Pavilion KL. Launched in 2015, the 50-acre project will comprise three phases. The first phase comprises 112 signature shop offices and have been fully sold ...

Zillow Group , the parent company for online real estate portals Zillow and Trulia , is growing its operations in New York City with the acquisition of Naked Apartments , which bills itself as “New York City's largest rentals-only platform.” According to Zillow, the acquisition of Naked Apartments will bring its total number of consumer brands to five, with Naked Apartments joining StreetEasy as the second NYC brand for Zillow. Zillow purchased StreetEasy , a NYC- focused property portal , in 2013 for $50 million. The purchase price for Naked Apartments will be $13 million, funded with cash on hand, Zillow said in a release. “This acquisition reinforces Zillow Group 's commitment to providing buyers, sellers, renters and real estate professionals with New York City-centric tools and information that make their lives easier,” Zillow said in a release. Naked Apartments is “dedicated to simplifying the rental process” for renters, brokers and landlords in New York City, w...

CLEVELAND, Ohio - One of downtown Cleveland 's worst eyesores finally changed hands Monday , after years of court fights and false redevelopment starts . Alto Partners bought the long- vacant John Hartness Brown complex on Euclid Avenue for $9.1 million, in a deal that sprang from a messy foreclosure fight . The developer, a relative newcomer to the Cleveland real estate market , expects to fill the buildings with apartments, a hotel, retail and parking. Construction could start during the first few months of 2018. Stretching from 1001-1101 Euclid Ave., the John Hartness Brown complex spans three addresses and five facades on north side of the street. Thanks to troubled ownership, financial hurdles and lingering fallout from the Great Recession, the property has languished despite the surge in downtown living and the trend of turning historic buildings into housing and hotels. Alto will be the third developer in a decade to attempt a revival of the block. A rendering shows what ...