Sponsored By 0 Real Estate The meeting will be held virtually via Zoom. Press Release Desk , News Partner Posted Reply Press release from the City of Cambridge: November 16, 2020 The public is invited to attend a community meeting to hear plans for a new affordable housing development at 2072 Massachusetts Avenue. A second community meeting is scheduled for Tuesday, November 24, 2020 at 7:00pm for design and project updates for the proposed redevelopment of 2072 Massachusetts Avenue as 100% affordable housing. The meeting will be hosted by local developers Capstone Communities and Hope Real Estate Enterprises who purchased the 2072 Massachusetts Avenue site in April 2018 with funding from the Cambridge Affordable Housing Trust. The meeting will be held virtually. To participate, please register via Zoom at: https://zoom.us/webinar/register/WN_0s__p3z2SgC8ZpHMnmkpZQ . Click here … [Read more...] about Learn About 100% Affordable Housing Redevelopment Plans At 2072 Mass Ave. In City Of Cambridge
Estate planning for real estate
$44M Cambridge Housing Complex Renovations Complete
Sponsored By 0 Real Estate The Newtowne Court project began in 2015 and includes updates to eight buildings and 268 units. Alex Newman , Patch Staff Posted Reply CAMBRIDGE, MA – Renovations are complete at the Newtowne Court housing complex, construction firm CTA Construction Managers announced Wednesday. The 36-phase, $44 million project began in 2015 and includes updates to eight buildings and 268 affordable housing units. The multi-phased approach was designed to allow as many homes to remain occupied while work was completed. The site will now return to full occupancy. "We’re very proud to have completed this extensive reworking of an important Cambridge residential community," Paul DuRoss, principal at CTA Construction, said in a statement. "The renovations to this complex will improve the quality of life for hundreds of families and supplement the Cambridge Housing Authority’s mission of … [Read more...] about $44M Cambridge Housing Complex Renovations Complete
Fed rate hike: What will a smaller increase do to savings account interest rates?
As predicted by economists, the Federal Reserve raised interest rates a quarter of a percentage point Feb. 1, the smallest hike since last March. The move indicates the Fed is starting to take a more moderate approach to reeling in inflation after an aggressive series of hikes last year that brought the benchmark borrowing rates to their highest levels since 2007. The latest increase brings that benchmark between 4.5% to 4.75%. In December , the Fed raised rates by half a percentage point after four consecutive hikes of 0.75%. “We can now say I think for the first time that the disinflationary process has started,” Fed Chair Jerome Powell said in a news conference after the release. “We can see that and we see it really in goods prices so far.” Core prices in December — for purchases other than food and gas — were up 4.4% from the previous year, according to consumer spending data released on Jan. 27. That’s down from a 4.7% annual increase in November and is the smallest … [Read more...] about Fed rate hike: What will a smaller increase do to savings account interest rates?
Plan for Sun-Hogging Tower Angers Kenyans
See the article in its original context from November 26, 1989 Section Page Buy Reprints View on timesmachine TimesMachine is an exclusive benefit for home delivery and digital subscribers. About the Archive This is a digitized version of an article from The Times’s print archive, before the start of online publication in 1996. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. The construction of the tallest office tower in Africa on a sprawling, tree-studded city park here has provoked unusual popular hostility in a country where opposition to official projects is voiced with care. With arguments long familiar to New Yorkers, local environmentalists have charged that the 60-story concrete-and-glass structure will turn Nairobi, now a pleasant, airy mix of … [Read more...] about Plan for Sun-Hogging Tower Angers Kenyans
Jackson Heights, Queens: Diverse and Evolving
Call it the Brooklyn breaking point, when the cool factor of Kings County is not enough to compensate for a less-than-ideal living situation. For Joseph I. Dube and his wife, Frances Cabrera, it came last year. After realizing they could not afford to buy a place in Prospect-Lefferts Gardens, where they had been renting, the couple began looking in Sunset Park. But though that neighborhood was more affordable, it required a longer trip by subway to Midtown Manhattan, where Mr. Dube and Ms. Cabrera both work. And they were discouraged when the offers they made on apartments there were unsuccessful. They had better luck in Jackson Heights, in north-central Queens, a historic and heterogeneous area less than a half-hour from Midtown — and, pricewise, a world away from trendier enclaves. “The co-op buildings here, they have a certain look and feel, like the buildings we loved by Prospect Park,” Mr. Dube said. Last fall the couple paid $399,000 for a two-bedroom with prewar … [Read more...] about Jackson Heights, Queens: Diverse and Evolving
Sunnyside, Queens, ‘Mayberry’ Near Midtown
Sunnyside, in western Queens, is a stark contrast to the gleaming glass residential towers rising in nearby Long Island City. Here is an old-fashioned New York neighborhood of squat prewar apartment buildings, rowhouses and shopping streets that still have mom-and-pop businesses. “We call it Mayberry,” after the small town portrayed in the 1960s sitcom “The Andy Griffith Show,” said Amy FitzGerald, the owner of Welcome Home Real Estate on Skillman Avenue in Sunnyside. “People are very friendly,” said Ms. FitzGerald, who moved to the neighborhood with her husband 16 years ago from Manhattan’s Upper West Side. Ciaran Staunton, a resident since 2001 and the owner of Molly Blooms pub in Sunnyside, said residents were quick to rally around community issues such as repaving a local street. “People come together because this is a good neighborhood and we want to keep it good,” he said. Sunnyside’s boundaries correspond roughly with those of ZIP code 11104, an area of nearly … [Read more...] about Sunnyside, Queens, ‘Mayberry’ Near Midtown