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
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Is there anything which demonstrates what a clown and idiot this person and the article author is more than the patently false notion that Madison is a rust belt city? Madison has NEVER been a rust belt city. It has ALWAYS been dominated by its gargantuan university and state government employment base bathed in the rich tax streams generated elsewhere. I lived in its miniscule manufacturing base and watched it driven to extinction intentionally by the same powers and voters who rule by diktat today and didn't want that kind of thing in their socialist utopia. I used to sweep up metal shavings at night for beer money since no one in the office knew how to wield a broom. The PRC became a machining powerhouse overnight when their grad students bought those Bridgeport machining centers for scrap steel prices and shipped them home. That's how their missiles became so accurate and their boats so much quieter so quickly. Madison didn't want battery manufacturing because who would want those things in the future?... Madison makes community organizers, software, lobbyists, RT propagandists and biowarfare detritus. Yes, they consume a lot of office space because being a spreadsheet jockey comes with privileges. Economically, it is worlds away from the Chicagoland manufacturing metroplex, the nation's second largest (after LA), or the other cities discussed. Unsure about this? Try building a lead smelter, or anything else which traumatizes socialists, in Madison or anywhere in Dane County. You'll set money on fire faster than Vegas or Hollywood. Conflating a rathole like Kenosha with Madison means you are utterly geographically ignorant in the extreme and grossly overcompensated along with most definitely being part of the problem. Kenosha is exploding due to Illinois and Chicago business refugees, while Madison is exploding because the government is the fastest growing part of the American AND Wisconsin's economy.
Associate | Advisory & Transaction Services at CBRE where we create the real estate solutions of tomorrow so businesses and people thrive!
Chicago makes the list as a thriving rust belt market! Chicago, Madison, Columbus, Fort Wayne and Kenosha are Rust Belt cities with flourishing industrial and commercial real estate markets, according to CommercialCafe's study from 2017 to 2022. Chicago added 25 million SF of industrial, office and retail space. CommercialCafe reports that among Rust Belt cities with more than 200,000 residents, Chicago had the second-highest annual household income, $70,000 as of 2022. #chicago #rustbeltcities #industrialrealestate #cre #advisory #commercialrealestatebroker #agenteinmobiliario #bienesraices #cbre
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📢🚨Queens Property Value Impact 🚨📈 Have you heard about the City of Yes For Housing Opportunity? Queens Borough President Donovan Richards recently hosted a hearing on this initiative on August 8th in Kew Gardens. This initiative is set to reshape zoning in NYC and specifically Ridgewood, Queens, with significant implications for property values in mixed-use and retail buildings: 🏢 Increase in Property Values: With higher allowable residential density, mixed-use buildings may see a rise in value, driven by the potential for increased rental income or sales prices. 🏘️ Demand for Mixed-Use Properties: As housing development is prioritized, expect growing demand for properties that blend residential and commercial spaces, particularly in Ridgewood, where both are in high demand. 🏬 Impact on Retail Properties: Retail properties could see varying effects—some may benefit from increased demand, while others might face challenges if areas become predominantly residential. 🔒 Long-Term Stability: Properties that adapt to the mixed-use model may experience stable and sustained value increases, as Ridgewood attracts more residents and businesses. The market's response will determine the full impact of this initiative but definitely exciting times ahead for investors and developers! 🚀 #RealEstate #NYC #MixedUseDevelopment #PropertyInvestment #RidgewoodQueens #CityOfYes
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New York City's real estate landscape is ever-evolving, and Downtown Brooklyn is no exception! 🏙️ The Jay Group has set its sights on 275 Flatbush Ave. Extension, right across from the bustling City Point complex. They've filed plans to demolish the existing 1-story building, paving the way for an exciting redevelopment opportunity. This move signals continued investor confidence in Downtown Brooklyn's growth potential. As a real estate professional, I've witnessed firsthand how strategic redevelopment can transform neighborhoods and create value for both residents and investors. What do you think this means for the area? 🤔 Will we see another mixed-use development rise from this prime location? 🏆 How might this impact property values in the surrounding blocks? 🌆 What amenities or features would you like to see in a new development at this site? Brooklyn's skyline is changing, and it's thrilling to be part of this dynamic market. Whether you're a potential buyer, seller, or just an enthusiast of NYC real estate, keeping an eye on these developments is crucial. Let's discuss! Share your thoughts on this upcoming project and its potential impact on Downtown Brooklyn. #NYCRealEstate #BrooklynDevelopment #UrbanPlanning #RealEstateTrends #TopPropertiesTeam #RealBrokerLLC #RealBrokerage
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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
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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
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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
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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
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Columbus has approved a major overhaul of the city's zoning code, the first comprehensive update in over 70 years. These changes aim to accelerate development, increase housing options, and support economic growth. Expect big changes in the coming years as Columbus adapts to rapid growth. #ColumbusOhio #zoningcode #development #realestate #growth #CRE #commercialrealestate #retail
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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
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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
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