REAL ESTATE
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NYC releases details for ‘City of Yes’ housing reform, with new affordability mandates
The city this week released updated text for its major housing reform proposal, with new mandates for deeper affordability levels. The Department of City Planning (DCP) on Thursday released the annotated draft zoning text of the City of Yes for Housing Opportunity, Mayor Eric Adams’ plan to add housing in every neighborhood through various zoning changes. The text includes revising…
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Eco-Friendly Tips and Practices » RenovateRx
Introduction: As the global focus on sustainability grows, vacation property owners have a unique opportunity to embrace eco-friendly practices and attract environmentally conscious guests. In this comprehensive guide, we’ll explore a variety of sustainable tips and practices that vacation property owners can implement to reduce their carbon footprint and promote a greener, more sustainable future. Eco-Friendly Design and Construction: Start…
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NYC to redevelop Grand Concourse library with 100% affordable housing
Photo courtesy of NYC Housing Preservation and Development The Department of Housing Preservation and Development and the New York Public Library announced plans to transform the Grand Concourse branch into a state-of-the-art library with affordable housing on top. This week the city kicked off the community engagement process for the project, which falls under Mayor Eric Adams’ “24 in 24”…
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Navigating the Legal Aspects of Vacation Property Ownership » RenovateRx
Introduction: Owning a vacation property can be a rewarding investment, but it also comes with legal responsibilities and obligations. Navigating the legal aspects of vacation property ownership is essential to ensure compliance with regulations and protect your investment. In this comprehensive guide, we’ll explore the key legal considerations that vacation property owners need to be aware of to maintain successful…
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NYC experiences its strongest earthquake in 140 years
No, it wasn’t merely the rumbling of a subway train or a nearby construction site. At roughly 10:23 a.m. on Friday, New York City experienced a 4.8 magnitude earthquake, marking the largest quake felt across the five boroughs in 140 years, since a 5 magnitude quake shook the city in 1884. The U.S. Geological Survey (USGS) identified the epicenter in…
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The Rise of Smart Home Technology in Vacation Properties » RenovateRx
Introduction: In today’s digital age, smart home technology has revolutionized the vacation rental industry, offering both property owners and guests unprecedented convenience, comfort, and security. From automated check-ins to voice-controlled appliances, these innovative tech solutions are transforming the way vacation properties are managed and experienced. In this blog post, we’ll explore the rise of smart home technology in vacation properties…
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A 100% affordable rental opens in Greenpoint
Photos courtesy of Lester Ali A fully affordable apartment building officially opened in Greenpoint this week, bringing income-restricted homes to one of Brooklyn’s most expensive neighborhoods. City officials on Wednesday cut the ribbon at 35 Commercial Street, a 22-story tower with 374 affordable apartments, including 57 units for formerly homeless New Yorkers. The building is the 11th completed building in…
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The Importance of Maintenance for Vacation Properties » RenovateRx
Introduction: Owning a vacation property is a rewarding investment, but its long-term success depends on proper maintenance and care. In this comprehensive guide, we’ll explore the importance of maintenance for vacation properties and provide actionable tips to ensure your property remains in top condition for years to come. Protect Your Investment: Your vacation property is a significant investment, and regular…
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See inside the Brooklyn Paramount as historic theater reopens after 60 years
Image courtesy of Evan Joseph Fort Greene’s historic Brooklyn Paramount Theater, which once hosted legendary artists such as Ella Fitzgerald, Frank Sinatra, and Duke Ellington, reopened last week for its first season in 60 years. A multi-million dollar restoration modernized the venue while preserving its opulent latticework ceiling, hand-crafted statues, and other Baroque features. For its first show in six…
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Budget-Friendly Renovation Ideas for Vacation Properties » RenovateRx
Introduction: Renovating your vacation property doesn’t have to drain your bank account. With the right strategies and budget-friendly ideas, you can transform your space and enhance its appeal without breaking the bank. In this comprehensive guide, we’ll explore creative and cost-effective renovation tips to help you maximize the value of your vacation property while staying within budget. Evaluate Your Priorities:…
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