Council approves TIF package for 99-unit Elevation Apartments project

Markham approves new rental housing incentive despite concerns about ‘bailing out’ developers

Council backs an up to 50 per cent development charge deferral for qualifying rental projects as developers argue it still falls short.

Council approves TIF package for 99-unit Elevation Apartments project

GRAND RAPIDS — Citing extraordinary demand for rental housing, the Grand Rapids City Council unanimously approved a tax increment financing package July 27 to support construction of the proposed 99-unit Elevation Apartments development on the city's southeast side.

Rendering Revealed For 100 Essex Street on Manhattan’s Lower East Side

A new rendering was recently revealed for 100 Essex Street, a proposed ten-story residential building on Manhattan's Lower East Side. Designed by S9 Architecture and developed by BFC Partners, the structure will yield 99 rental units, with 26 designated as permanently affordable. The project will also include 15,000 square feet of ground-floor commercial space. The property is alternately addressed as 116 Delancey Street and spans the full block…

Lower East Side's former Essex Street Market to become 99-unit rental

The site of the historic Essex Street Market on the Lower East Side is slated to become a mixed-use development with 99 apartments. As one of the last remaining undeveloped parcels in the city’s decade-long Essex Crossing redevelopment, 100 Essex Street will rise 10 stories and include 26 affordable apartments, ground-floor retail, and a new elevator and escalator for the Delancey Street subway station. Developed by Delancey Street Associates an…