Black Cultural Zone’s Post

Are you a business owner looking for a retail space to rent? The Satellite Affordable Housing Association (SAHA) is now accepting letters of interest to lease retail space at Ancora Place, one of their affordable housing development in the Oakland San Antonio neighborhood - 2227 International Blvd. Oakland, CA. BIPOC-led and BIPOC-owned organizations are encouraged to apply. Details: Letter of Intent should include the following: 1) Organizational Information – please briefly describe your organization’s mission, organizational structure, history, and governance; provide a designated point of contact. 2) Proposed Use - in narrative form (1-2 paragraphs), describe your ideas for utilizing the retail space. Please include the following: o Type of activities and hours of use proposed for the space, how often they would occur and when (daytime, evening, weekends, etc.), and whether activities are exclusively for Arya residents or open to other members of the surrounding community. Description of any specialized fixtures or tenant improvement that tenant would need in the space prior to occupancy and use. Letters must be received by 5:00 PM on Friday, February 22nd. Please submit the above requirements electronically to Edward Horn, Project Manager, at ehorn@sahahomes.org, or submit a hard copy to Edward Horn Satellite Affordable Housing Associates, 1835 Alcatraz Ave. Berkeley, CA 94703. #affordablehousing #oaklandsmallbusinesses #oaklandretailspace

Are you a business owner looking for a retail space to rent? The Satellite Affordable Housing Association (SAHA) is now accepting letters of interest to lease retail space at Ancora Place, one of their affordable housing development in the Oakland San Antonio neighborhood - 2227 International Blvd. Oakland, CA. BIPOC-led and BIPOC-owned organizations are encouraged to apply. Details: Letter of Intent should include the following: 1) Organizational Information – please briefly describe your organization’s mission, organizational structure, history, and governance; provide a designated point of contact. 2) Proposed Use - in narrative form (1-2 paragraphs), describe your ideas for utilizing the retail space. Please include the following: o Type of activities and hours of use proposed for the space, how often they would occur and when (daytime, evening, weekends, etc.), and whether activities are exclusively for Arya residents or open to other members of the surrounding community. Description of any specialized fixtures or tenant improvement that tenant would need in the space prior to occupancy and use. Letters must be received by 5:00 PM on Friday, February 22nd. Please submit the above requirements electronically to Edward Horn, Project Manager, at ehorn@sahahomes.org, or submit a hard copy to Edward Horn Satellite Affordable Housing Associates, 1835 Alcatraz Ave. Berkeley, CA 94703. #affordablehousing #oaklandsmallbusinesses #oaklandretailspace

Are you a business owner looking for a retail space to rent? The Satellite Affordable Housing Association (SAHA) is now accepting letters of interest to lease retail space at Ancora Place, one of their affordable housing development in the Oakland San Antonio neighborhood - 2227 International Blvd. Oakland, CA. BIPOC-led and BIPOC-owned organizations are encouraged to apply. Details: Letter of Intent should include the following: 1) Organizational Information – please briefly describe your organization’s mission, organizational structure, history, and governance; provide a designated point of contact. 2) Proposed Use - in narrative form (1-2 paragraphs), describe your ideas for utilizing the retail space. Please include the following: o Type of activities and hours of use proposed for the space, how often they would occur and when (daytime, evening, weekends, etc.), and whether activities are exclusively for Arya residents or open to other members of the surrounding community. Description of any specialized fixtures or tenant improvement that tenant would need in the space prior to occupancy and use. Letters must be received by 5:00 PM on Friday, February 22nd. Please submit the above requirements electronically to Edward Horn, Project Manager, at ehorn@sahahomes.org, or submit a hard copy to Edward Horn Satellite Affordable Housing Associates, 1835 Alcatraz Ave. Berkeley, CA 94703. #affordablehousing #oaklandsmallbusinesses #oaklandretailspace

Are you a business owner looking for a retail space to rent? The Satellite Affordable Housing Association (SAHA) is now accepting letters of interest to lease retail space at Ancora Place, one of their affordable housing development in the Oakland San Antonio neighborhood - 2227 International Blvd. Oakland, CA. BIPOC-led and BIPOC-owned organizations are encouraged to apply. Details: Letter of Intent should include the following: 1) Organizational Information – please briefly describe your organization’s mission, organizational structure, history, and governance; provide a designated point of contact. 2) Proposed Use - in narrative form (1-2 paragraphs), describe your ideas for utilizing the retail space. Please include the following: o Type of activities and hours of use proposed for the space, how often they would occur and when (daytime, evening, weekends, etc.), and whether activities are exclusively for Arya residents or open to other members of the surrounding community. Description of any specialized fixtures or tenant improvement that tenant would need in the space prior to occupancy and use. Letters must be received by 5:00 PM on Friday, February 22nd. Please submit the above requirements electronically to Edward Horn, Project Manager, at ehorn@sahahomes.org, or submit a hard copy to Edward Horn Satellite Affordable Housing Associates, 1835 Alcatraz Ave. Berkeley, CA 94703. #affordablehousing #oaklandsmallbusinesses #oaklandretailspace

Are you a business owner looking for a retail space to rent? The Satellite Affordable Housing Association (SAHA) is now accepting letters of interest to lease retail space at Ancora Place, one of their affordable housing development in the Oakland San Antonio neighborhood - 2227 International Blvd. Oakland, CA. BIPOC-led and BIPOC-owned organizations are encouraged to apply. Details: Letter of Intent should include the following: 1) Organizational Information – please briefly describe your organization’s mission, organizational structure, history, and governance; provide a designated point of contact. 2) Proposed Use - in narrative form (1-2 paragraphs), describe your ideas for utilizing the retail space. Please include the following: o Type of activities and hours of use proposed for the space, how often they would occur and when (daytime, evening, weekends, etc.), and whether activities are exclusively for Arya residents or open to other members of the surrounding community. Description of any specialized fixtures or tenant improvement that tenant would need in the space prior to occupancy and use. Letters must be received by 5:00 PM on Friday, February 22nd. Please submit the above requirements electronically to Edward Horn, Project Manager, at ehorn@sahahomes.org, or submit a hard copy to Edward Horn Satellite Affordable Housing Associates, 1835 Alcatraz Ave. Berkeley, CA 94703. #affordablehousing #oaklandsmallbusinesses #oaklandretailspace

Are you a business owner looking for a retail space to rent? The Satellite Affordable Housing Association (SAHA) is now accepting letters of interest to lease retail space at Ancora Place, one of their affordable housing development in the Oakland San Antonio neighborhood - 2227 International Blvd. Oakland, CA. BIPOC-led and BIPOC-owned organizations are encouraged to apply. Details: Letter of Intent should include the following: 1) Organizational Information – please briefly describe your organization’s mission, organizational structure, history, and governance; provide a designated point of contact. 2) Proposed Use - in narrative form (1-2 paragraphs), describe your ideas for utilizing the retail space. Please include the following: o Type of activities and hours of use proposed for the space, how often they would occur and when (daytime, evening, weekends, etc.), and whether activities are exclusively for Arya residents or open to other members of the surrounding community. Description of any specialized fixtures or tenant improvement that tenant would need in the space prior to occupancy and use. Letters must be received by 5:00 PM on Friday, February 22nd. Please submit the above requirements electronically to Edward Horn, Project Manager, at ehorn@sahahomes.org, or submit a hard copy to Edward Horn Satellite Affordable Housing Associates, 1835 Alcatraz Ave. Berkeley, CA 94703. #affordablehousing #oaklandsmallbusinesses #oaklandretailspace

Are you a business owner looking for a retail space to rent? The Satellite Affordable Housing Association (SAHA) is now accepting letters of interest to lease retail space at Ancora Place, one of their affordable housing development in the Oakland San Antonio neighborhood - 2227 International Blvd. Oakland, CA. BIPOC-led and BIPOC-owned organizations are encouraged to apply. Details: Letter of Intent should include the following: 1) Organizational Information – please briefly describe your organization’s mission, organizational structure, history, and governance; provide a designated point of contact. 2) Proposed Use - in narrative form (1-2 paragraphs), describe your ideas for utilizing the retail space. Please include the following: o Type of activities and hours of use proposed for the space, how often they would occur and when (daytime, evening, weekends, etc.), and whether activities are exclusively for Arya residents or open to other members of the surrounding community. Description of any specialized fixtures or tenant improvement that tenant would need in the space prior to occupancy and use. Letters must be received by 5:00 PM on Friday, February 22nd. Please submit the above requirements electronically to Edward Horn, Project Manager, at ehorn@sahahomes.org, or submit a hard copy to Edward Horn Satellite Affordable Housing Associates, 1835 Alcatraz Ave. Berkeley, CA 94703. #affordablehousing #oaklandsmallbusinesses #oaklandretailspace

𝐂𝐢𝐭𝐲 𝐨𝐟 𝐘𝐞𝐬 𝐟𝐨𝐫 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐏𝐚𝐬𝐬𝐞𝐝: 𝐖𝐡𝐚𝐭 𝐃𝐨𝐞𝐬 𝐢𝐭 𝐌𝐞𝐚𝐧 𝐟𝐨𝐫 𝐍𝐘𝐂? Yesterday, the City Council approved the second of the three "Yesses" to support local businesses and ensure that local retail streets and commercial centers remain active parts of their neighborhoods. Here are the four key goals of this proposal: 𝐆𝐨𝐚𝐥 𝟏: 𝐌𝐚𝐤𝐞 𝐢𝐭 𝐄𝐚𝐬𝐢𝐞𝐫 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐭𝐨 𝐅𝐢𝐧𝐝 𝐒𝐩𝐚𝐜𝐞 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰 Business owners will have more certainty about where they can locate and what they can do in their spaces. Key changes include: ▪️Simplifying rules for business types allowed on commercial streets ▪️ Enabling commercial activity on the upper floors ▪️ Simplifying business classification in zoning 𝐆𝐨𝐚𝐥 𝟐: 𝐁𝐨𝐨𝐬𝐭 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬 Reducing obstacles for emerging business types and updating rules for home-based businesses to enable entrepreneurship. 𝐆𝐨𝐚𝐥 𝟑: 𝐂𝐫𝐞𝐚𝐭𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬-𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐒𝐭𝐫𝐞𝐞𝐭𝐬𝐜𝐚𝐩𝐞𝐬 𝐚𝐧𝐝 𝐒𝐭𝐨𝐫𝐞𝐟𝐫𝐨𝐧𝐭𝐬 Ensuring businesses contribute to active, safe, and walkable streetscapes (no more massive windowless walls!). 𝐆𝐨𝐚𝐥 𝟒: 𝐄𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡 𝐍𝐞𝐰 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 New zoning tools will boost job growth and business expansion, such as allowing corner stores in residential areas. This initiative will transform the city landscape for business owners, allowing the market to adapt to the updated commercial needs of NYC. #CityofYes #Zoning #NYC #RealEstate #CRE

I recently attended the SMPS Pittsburgh:  MULTI-FAMILY HOUSING & DEVELOPERS Forum Pittsburgh's multi-family housing and development is facing both challenges and opportunities: Office Conversions: The cost of converting offices to residential spaces is high and ROI is under scrutiny due to low rents versus the expected returns. Investment and Incentives: Ohio's more attractive government incentives are drawing investors away from Pennsylvania. The difference in tax abatement periods (PA's 10 years vs. Ohio's 15+ years) plays a significant role. Development Barriers: Zoning, permitting, and approval processes in Pennsylvania are major obstacles, stalling projects and increasing costs. There's a call to remove these barriers to spur development. Affordable Housing: There's a consensus on the need for more federal funding and strategies to reduce the high costs of building affordable to foster communities where people can live, work, and play. Market Dynamics: Despite the lower commercial real estate values compared to other parts of the country, property tax increases are inevitable. Pittsburgh is losing in the job market in comparison to other states like Ohio, impacting economic growth and population retention. Geographic Focus: Cranberry, North Hills, and near the airport are prime locations for multifamily developments. The hilly terrain of Pittsburgh poses unique developmental challenges for multi-family development. Housing Preferences: Culturally, there's a shift towards renting vs owning. Renters main considerations are amenities like fitness centers, co-working spaces, and pet-friendly environments. The development of townhouse communities isn't keeping up with the market demand. Amenities over Space: Tenants prioritize amenities over the size of living space, influencing how developers approach new projects. #PittsburghDevelopment #MultifamilyHousing #RealEstate #UrbanPlanning #EconomicGrowth

RealPage reported that Philadelphia introduced a record 9,197 new apartment units in 2023, with Center City accounting for 2,488 of these units. The pace of development is expected to surge in 2024, with 13,400 units set to be completed, 41% of which will be in Center City. This will increase Center City's inventory by nearly 12% and represents the highest new supply volume among major urban submarkets. Despite the high supply and a declining occupancy rate of 93.6% in Center City, rents increased slightly by 0.7% year-over-year. Read More: https://bit.ly/46lXgDS #MarketRent #UrbanDevelopment #NewApartments #RealEstateTrends #HousingMarket #RealEstateGrowth #CityLiving #PropertyDevelopment #RealEstateNews #OccupancyRates #RentTrends