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3 affordable housing projects that serve as social catalysts

BD+C

Some teachers in Northern California are living out of their cars, in hovels in the Santa Cruz Mountains, and with multiple roommates in one-bedroom apartments in Daly City, because they can’t afford to pay market-rate rent. Affordable housing is housing built for people who earn 80% or less of the area median income (AMI).

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Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

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Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. ” Sitt continues, Our airports are often the first and last impressions visitors have of our City and country, and every bad first impression has a direct impact on economic activity.

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Google reveals a staggering drop in movement of people around the world during the global coronavirus pandemic as trips to shops, parks and workplaces plummet

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It found New Yorkers are going to the grocery store 32 per cent less often (pictured). New York City is one if the busiest places in the world, but COVID-19 and lockdown leaves the streets empty. NEW YORK’S MOBILITY . Retail and recreation sites were 62% down. Parks were 47% down.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

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It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson.

Zoning 47
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Putting 9 senior living market trends into perspective

BD+C

For developers and operators of senior living communities, the upper-income part of the market has the most potential for financial success but also the most options. One of their first facilities was in New Jersey just across the George Washington Bridge from New York City. It’s important, but it’s not enough.

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LOCATION FOCUS: United It Stands

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New York State’s 54,556 square mile geography is divided into 10 economic regions (according to Empire State Development)—Western New York, Finger Lakes, Southern Tier, Central New York, North Country, Mohawk Valley, Mid-Hudson, Capital District, New York City and Long Island.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

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As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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