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Housing crisis prompts NSW councils to appeal to investment property owners to switch to long-term leasing
A New South Wales mayor will question holiday getaway rental residence owners to think about leasing to permanent tenants in a bid to tackle the housing crisis. Important points: About 21 per cent of properties in the Shoalhaven are unoccupied Some 600 residences are obtainable for limited stays in the big regional hub of Nowra Only five of the 76 accessible for more time-time period leasing price tag significantly less than $350 for each week Shoalhaven Mayor Amanda Findley’s move follows the achievement of the same tactic in the neighbouring Eurobodalla Shire, wherever 50 residence homeowners have agreed to switch to extended-expression leasing. Ms Findley reported domestic tourism had slowed down in the area for…
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RXR Launches Leasing at New Rochelle Tower
Clinton Park. Image courtesy of RXR RXR, in partnership with Greystar Real Estate Associates, has introduced leasing at One Clinton Park in the heart of New Rochelle, N.Y. The mixed-use tower features 28 tales and contains 352 flats. Also element of the enhancement is Gibson’s Speakeasy, a resident-only room furnished with a customized bar and booth seating that can be transformed into operate stations in off hours. “As the grasp developer for Downtown New Rochelle, One particular Clinton Park has usually been element of our broader development program for the downtown, which is why we are thrilled to see it open to renters,” Joseph Graziose, RXR senior vice president of…
